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Uptrend ExhaustionArchive - 10/16/2026 - 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 third consecutive positive week for the Apache Corp. (APA). During the week, the APA gained 3.27 points, or 7.13%, and closed at 49.15 on Friday, October 16, 2026. It was the best weekly gain since May 15, 2026. Weekly volume was -26% below average. 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 (4.15) 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 uptrend had started on July 1, 2026 at 31.77 and reached 49.26 on October 16, 2026. APA gained -17.49 points, or -55.05%, in 15 weeks. Price is near the trend high.
Weekly Technical Indicators: [See APA weekly technical indicators chart] Weekly Relative Strength Index is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index or strongly 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 links to access Relative Strength Index and Williams' Percentage Range help. The weekly MACD line is above its signal line since August 14, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. 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 September 29, 2026 at 41.23 and reached 49.26 on October 16, 2026. APA gained -8.03 points, or -19.48%, in 17 days. Price is near the trend high.
Daily Technical Indicators: [See APA daily technical indicators chart] Daily Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. Use the following link to access Lane's Stochastic help. The daily MACD line is above its signal line since October 7, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.
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