NYSE:APC
Delisted

Anadarko Petroleum Corporation Stock Forecast

$72.77
+0 (+0%)
At Close: Sep 23, 2019
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

Anadarko Petroleum Corporation stock upgraded to Buy Candidate.
(Updated on Sep 23, 2019)

Buy or Hold candidate since Jul 30, 2019 Loss -1.72% PDF

No changes to the price of Anadarko Petroleum Corporation stock on the last trading day (Monday, 23rd Sep 2019). During the last trading day the stock fluctuated 0% from a day low at $72.77 to a day high of $72.77. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.

The stock has broken the narrow and weak rising short-term trend down. This signalizes a slower rate of rising, but may also be an early warning about a possible trend shift. Due to the trend being broken there will now be resistance at the bottom line of the trend at $73.04. A reaction back to this level may hold a second chance to get out before further falls.

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APC Signals & Forecast

The Anadarko Petroleum Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $72.77 and $72.76. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, August 07, 2019, and so far it has risen 0.776%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Anadarko Petroleum Corporation stock

Anadarko Petroleum Corporation finds support from accumulated volume at $72.21 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0%

Our recommended stop-loss: $68.54 (-5.81%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 32 days ago.)

Trading Expectations (APC) For The Upcoming Trading Day Of Tuesday 24th

For the upcoming trading day on Tuesday, 24th we expect Anadarko Petroleum Corporation to open at $72.77, and during the day (based on 14 day Average True Range), to move between $72.71 and $72.83, which gives a possible trading interval of +/-$0.0648 (+/-0.09%) up or down from last closing price. If Anadarko Petroleum Corporation takes out the full calculated possible swing range there will be an estimated 0.18% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $73.10 (0.45%) than the support at $72.21 (0.77%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Anadarko Petroleum Corporation stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Anadarko Petroleum Corporation stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 2.219 Buy Candidate Upgraded

Predicted Opening Price for Anadarko Petroleum Corporation of Tuesday, September 24, 2019

Fair opening price September 24, 2019 Current price
$72.77 ( 0%) $72.77

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for APC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 72.77 .
R2 72.77 .
R1 72.77 .
Current price: 72.77
Support S1 72.77 .
S2 72.77 .
S3 72.77 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 73.64 1.20 %
R2 73.62 1.17 %
R1 73.10 0.453 %
Current price 72.77
Support S1 72.21 -0.770%
S2 70.99 -2.45%
S3 70.95 -2.50%

FAQ

What is the symbol for Anadarko Petroleum Corporation Stock and on which exchange is it traded?
The symbol for Anadarko Petroleum Corporation is APC and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Anadarko Petroleum Corporation Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Anadarko Petroleum Corporation stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy Anadarko Petroleum Corporation Stock?
Anadarko Petroleum Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Anadarko Petroleum Corporation Stock.

What's the current price of Anadarko Petroleum Corporation Stock?
As of the end of day on the 2019-09-23, the price of an Anadarko Petroleum Corporation (APC) share was $72.77.

What is the 52-week high and low for Anadarko Petroleum Corporation Stock?
The 52-week high for Anadarko Petroleum Corporation Stock is $76.23 and the 52-week low is $40.40.
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About Anadarko Petroleum Corporation

Anadarko Petroleum Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of oil and gas properties. It operates through three segments: Oil and Gas Exploration and Production; Midstream; and Marketing. The Oil and Gas Exploration and Production segment explores for and produces oil, condensate, natural gas, and natural gas liquids (NGLs). The Midstream segment provides gathering, processing, treating, and transportation s... APC Profile

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