APA CORP (APA) Stock Technical Analysis
NASDAQ:APA - US03743Q1085 - Common Stock
23.22 USD
+0.24 (+1.04%)
23.2018 USD
-0.02 (-0.08%)
Taking everything into account, APA scores 8 out of 10 in our technical rating. Although APA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
APA is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 70% of 209 stocks in the same industry.
In the last month APA has a been trading in the 17.86 - 23.41 range, which is quite wide. It is currently trading near the high of this range.
APA has an average volume of 7111860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, APA turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
APA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so APA is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although APA has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
17.62
23.45
We found 5 important support areas.
- Support @22.18 from a trend line in the daily time frame.
- A support zone ranging from 20.10 to 20.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.32 from a trend line in the weekly time frame.
- Support @18.90 from a trend line in the daily time frame.
- Support @17.80 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for APA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for APA is up. |
| ChartMill Relative Strength | 63.09 | NEUTRAL | APA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of APA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of APA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of APA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.82 | OVERBOUGHT | The high RSI value suggests APA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests APA has a positive trend. |
| Stochastics (14,3) | 95.59 | OVERBOUGHT | The high Stochastics value suggests APA may be overbought. |
| Average True Range in percent/ATR (20) | 3.31 | MEDIUM VOLATILITY | The ATR as a percentage value for APA suggests some volalility. |
| Average Directional Index/ADX (14) | 31.57 | POSITIVE | The high ADX value value for APA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
23.22
+0.24 (+1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.04%
1 Week7.3%
2 Weeks13.38%
1 Month25.79%
3 Month36.51%
6 Month12.17%
12 Month-18.5%
2 Year-47.03%
3 Year-40.63%
5 Year56.89%
10 Year-48.67%
15 Year-74.16%
Volatility
ATR(14)0.66
ATR(20)%3.31%
ATR Inc-17.84%
Range Today0.54
ADR(20)0.72
ADR(20)%3.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.09
Mansfield0.08
10 Day High23.41
10 Day Low19.96
20 Day High23.41
20 Day Low17.86
52 Week High27.95
52 Week Low13.58
CS1 End22.18
CR1 StartN/A
Volume & EV
DER(3)2.7%
DER(5)1.99%
Volume5.66M
Volume Incr-22.3%
Vol(5)5.91M
Vol(50)7.11M