The Greedy Trader Weekly Analysis
Sign In Jul 13, 2018
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   IndustriesExpand    Industries
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Number of records: 10
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Archive
- 7/6/2018
Sign In to see current Signals.
Apache Corp.
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Williams' Percentage Range is overboughtBroken trend resistance lineTrend resistance at 46.56
Daily :
Move cursor over the icon to see details.

It was a third consecutive positive week for the Apache Corp. (APA). During the week, the APA climbed 0.16 points, or 0.34%, and closed at 46.91 on Friday, July 06, 2018. Weekly volume was -18% below average.

Long-term trend: [See APA long-term trend chart]
A long-term downtrend had started on December 12, 2016 at 69.00 and reached 33.60 on March 2, 2018. APA lost 35.40 points, or 51.30%, in 63 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (30.44) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See APA medium-term trend chart]
A medium-term uptrend had started on March 2, 2018 at 33.60 and reached 47.49 on June 29, 2018. APA gained -13.89 points, or -41.34%, in 17 weeks. The chart has formed a Rising Wedge chart pattern. The price is near the trend resistance line (46.56). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See APA weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.

The weekly MACD line is above its signal line since April 13, 2018. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.

Short-term trend: [See APA short-term trend chart]
A short-term uptrend had started on May 29, 2018 at 38.60 and reached 47.49 on June 29, 2018. APA gained -8.89 points, or -23.03%, in 31 days. The chart has formed a Rising Wedge chart pattern. The trend support level is at 45.37 and resistance is at 47.95. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a short-term trend.

Daily Technical Indicators: [See APA daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is above its signal line since June 8, 2018. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 67.30
Williams' Percentage Range (W%R) 24.80
Lane's Stochastic (%D-Slow) 69.50
Greed/Fear Indicator (GFI) 70.67
Moving Average Converg./Diverg. (MACD) 1.07
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 67.73
Williams' Percentage Range (W%R) 11.10
Overbought
Lane's Stochastic (%D-Slow) 69.30
Greed/Fear Indicator (GFI) 71.74
Moving Average Converg./Diverg. (MACD) -0.31
Trading Signals
Description Value Chart
Weekly Trendline Resistance 47.95
Upper Bollinger Band 47.50
Price 46.91
Monthly Trendline Resistance 46.56
Daily Stochastic Crossing 45.97
Weekly Stochastic Crossing 45.52
Weekly Trendline Support 45.37
Parabolic System 45.35
20 Day Moving Average 44.40
50 Day Moving Average 42.35
Monthly Trendline Support 41.36
Lower Bollinger Band 41.31
Quarterly Trendline Resistance 40.99
Sector and Industry
Description Name Rank
Sector Basic Materials 6
Industry Independent Oil & Gas 120
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 44.37
Low Date 07/02/2018
High 47.11
High Date 07/06/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Valid
Resistance 47.95
Support 45.37
Low 38.60
Low Date 05/29/2018
High 47.49
High Date 06/29/2018
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Test Resistance
Resistance 46.56
Support 41.36
Low 33.60
Low Date 03/02/2018
High 47.49
High Date 06/29/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 40.99
Support 30.44
High 69.00
High Date 12/12/2016
Low 33.60
Low Date 03/02/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 149.23
High Date 05/21/2008
Low 32.20
Low Date 01/20/2016
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

Copyright© 2004-2016 All rights reserved.