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Uptrend ExhaustionArchive - 6/26/2026 - 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 the negative week for the Apache Corp. (APA). During the week, the APA gave back -0.02 points, or -0.06%, and closed at 33.01 on Friday, June 26, 2026. Weekly volume was -14% below average. APA is a member of Energy Sector. Energy is the second most oversold 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 trend support level is at 6.07 and resistance is at 38.71. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern 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 32.49 on June 18, 2026. APA lost 13.17 points, or 28.84%, in 11 weeks. Price is near the trend low.
Weekly Technical Indicators: [See APA weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since May 22, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See APA short-term trend chart] A short-term downtrend had started on May 20, 2026 at 41.58 and reached 32.49 on June 18, 2026. APA lost 9.09 points, or 21.86%, in 29 days. The price is now at the 5.72% retracement level.
Daily Technical Indicators: [See APA daily technical indicators chart] Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. 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 links to access Lane's Stochastic and Williams' Percentage Range help. The daily MACD line is below its signal line since May 22, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
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