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Oil & Gas Exploration & Production Industry Stocks Technical Analysis - APAArchive - 8/21/2026 - Sign In to see current Signals. |
Apache Corp. (APA) Technical Analysis
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| Summary:
| | Weekly :     | | Daily :     Move cursor over the icon to see details.
| | It was a seventh positive week after 3 consecutive negative weeks for the Apache Corp. (APA). During the week, the APA gained 2.92 points, or 7.22%, and closed at 43.39 on Friday, August 21, 2026. It was the best weekly gain since May 15, 2026. APA was trading at average weekly trading volume. APA is a member of Energy Sector. Energy is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See APA long-term trend chart] A long-term downtrend had started on June 8, 2022 at 51.95 and reached 13.58 on April 9, 2025. APA lost 38.37 points, or 73.86%, in 148 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (5.11) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. APA may retest the broken resistance line. It is considered to be a support line now. 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 downtrend had started on March 30, 2026 at 45.66 and reached 31.77 on July 1, 2026. APA lost 13.89 points, or 30.42%, in 13 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (30.60) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. APA may retest the broken resistance line. It is considered to be a support line now. 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 medium-term trend.
Weekly Technical Indicators: [See APA weekly technical indicators chart] Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought 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. During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. 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 July 1, 2026 at 31.77 and reached 45.05 on August 20, 2026. APA gained -13.28 points, or -41.80%, in 50 days. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (36.47) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 short-term trend.
Daily Technical Indicators: [See APA daily technical indicators chart] Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Use the following link to access Lane's Stochastic help. The daily MACD line is above its signal line since July 6, 2026. This is an indication that the short-term trend is up.
Candlestick pattern: [See APA candlestick chart pattern] On Friday the chart has formed a Bearish Two Crows Candlestick pattern. The reliability of the Bearish Two Crows pattern is medium. Use the Technical Stock Screener to see the list of stocks that had a Bearish Two Crows Candlestick pattern during the last week.
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