ANADARKO PETE CORP (APC) Stock Technical Analysis
NYSE:APC - New York Stock Exchange, Inc. -
Taking everything into account, APC scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, APC is only an average performer.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
APC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so APC is lagging the market slightly.
APC has an average volume of 9278370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that APC is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month APC has a been trading in a tight range between 71.69 and 74.60.
Volume is considerably higher in the last couple of days.
APC has an average technical rating and also the quality of the setup is only medium 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
55.64
76.62
When analyzing the support we can see 3 important areas.
- A support zone ranging from 69.76 to 71.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @58.11 from a trend line in the daily time frame.
- Support @56.20 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 73.33 to 74.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @75.86 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 APC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for APC is neutral. |
| ChartMill Relative Strength | 75.83 | POSITIVE | APC has a high relative strength, it outperformed 75.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of APC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of APC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of APC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.03 | NEUTRAL | The RSI value for APC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests APC has a negative trend. |
| Stochastics (14,3) | 18.99 | OVERSOLD | The low Stochastics value suggests APC may be oversold. |
| Average True Range in percent/ATR (20) | 0.86 | LOW VOLATILITY | The low ATR as a percentage value for APC suggests low volalility. |
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)
72.77
+0.56 (+0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.78%
1 Week-2.07%
2 Weeks-0.95%
1 Month1.1%
3 Month-0.4%
6 Month73.92%
12 Month8.9%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.64
ATR(20)%0.86%
ATR Inc39.92%
Range Today0.83
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.83
Mansfield1.76
10 Day High74.6
10 Day Low71.97
20 Day High74.6
20 Day Low71.69
52 Week High76.23
52 Week Low40.4
CS1 End71.59
CR1 Start73.33
Volume & EV
DER(3)1.22%
DER(5)0.14%
Volume44.79M
Volume Incr145.66%
Vol(5)17.25M
Vol(50)9.28M