APA CORP (APA) Stock Technical Analysis
NASDAQ:APA - Nasdaq - US03743Q1085 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to APA. Recently some decent action could be observed, but in the medium term time frame this is still negative. APA was also a bad performer in the overall market in the last year.
77% of all other stocks performed better in the past year than APA.
APA is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, of which 68% are performing better than APA.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month APA has a been trading in the 16.15 - 21.10 range, which is quite wide. It is currently trading near the high of this range.
APA has an average volume of 9023620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
APA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so APA is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
APA has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
17.19
25.43
When analyzing the support we notice one important area.
- Support @17.36 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 21.02 to 21.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @22.84 from a trend line in the daily time frame.
- Resistance @25.18 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 | NEUTRAL | NEUTRAL | The long term trend for APA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for APA is up. |
| ChartMill Relative Strength | 23.83 | NEGATIVE | APA has a low relative strength, it was outperformed by 76.17% off all stocks 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) | DOWN | MIXED | The current price of APA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of APA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 75.01 | OVERBOUGHT | The high RSI value suggests APA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests APA has a positive trend. |
| Stochastics (14,3) | 96.61 | OVERBOUGHT | The high Stochastics value suggests APA may be overbought. |
| Average True Range in percent/ATR (20) | 3.39 | MEDIUM VOLATILITY | The ATR as a percentage value for APA suggests some volalility. |
| Average Directional Index/ADX (14) | 25.28 | 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)
21.01
+1.06 (+5.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg5.31%
1 Week13.57%
2 Weeks23.52%
1 Month18.3%
3 Month7.14%
6 Month-8.09%
12 Month-24.48%
2 Year-38.51%
3 Year-39.8%
5 Year55.63%
10 Year-63.54%
15 Year-75.04%
Volatility
ATR(14)0.77
ATR(20)%3.39%
ATR Inc51.34%
Range Today0.93
ADR(20)0.65
ADR(20)%3.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.83
Mansfield-1.27
10 Day High21.1
10 Day Low17.03
20 Day High21.1
20 Day Low16.15
52 Week High33.41
52 Week Low13.58
CS1 End17.36
CR1 Start21.02
Volume & EV
DER(3)1.35%
DER(5)-0.71%
Volume13.08M
Volume Incr41.64%
Vol(5)9.67M
Vol(50)9.02M