Londinia Opportunities Analyses - 12/19/2024 (GMT) APA CORP. - 1H

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Type:	Stocks
Ticker:	APA
ISIN:

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.

U.S. Stocks
Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

11%

67%

22%

My opinion

Bearish under 20.95 USD

My targets

19.12 USD (-6.40%)

18.43 USD (-9.79%)

My analysis

APA CORP. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 20.95 USD. The next support located at 19.12 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 18.43 USD. Below this support, sellers could then target 14.81 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

7.9

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Additional analysis

Quotes

APA CORP. rating 20.43 USD. The price registered a decrease of -1.97% on the session and was between 20.40 USD and 21.36 USD. This implies that the price is at +0.15% from its lowest and at -4.35% from its highest.

20.40

21.36

20.43

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of APA CORP. in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 12 technical indicators on 18 studied are currently positioned bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	3.68	14.81	18.43	20.43	20.45	20.95	21.74
Change (%)	-81.99%	-27.51%	-9.79%	-	+0.10%	+2.55%	+6.41%
Change	-16.75	-5.62	-2.00	-	+0.02	+0.52	+1.31
Level	Intermediate	Minor	Minor	-	Intermediate	Minor	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	19.84	20.30	20.57	21.03	21.30	21.76	22.03
Camarilla	20.64	20.71	20.77	20.84	20.91	20.97	21.04
Woodie	19.75	20.25	20.48	20.98	21.21	21.71	21.94
Fibonacci	20.30	20.58	20.75	21.03	21.31	21.48	21.76

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	20.49	21.06	21.96	22.53	23.43	24.00	24.90
Camarilla	22.46	22.59	22.73	22.86	23.00	23.13	23.26
Woodie	20.66	21.14	22.13	22.61	23.60	24.08	25.07
Fibonacci	21.06	21.62	21.97	22.53	23.09	23.44	24.00

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17.10	19.12	20.89	22.91	24.68	26.70	28.47
Camarilla	21.61	21.96	22.30	22.65	23.00	23.35	23.69
Woodie	16.97	19.06	20.76	22.85	24.55	26.64	28.34
Fibonacci	19.12	20.57	21.47	22.91	24.36	25.26	26.70

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	31.03
MACD (12,26,9):	-0.3500
Directional Movement:	-17.37
AROON (14):	57.15
DEMA (21):	20.73
Parabolic SAR (0,02-0,02-0,2):	21.47
Elder Ray (13):	-0.44
Super Trend (3,10):	21.45
Zig ZAG (10):	20.56
VORTEX (21):	0.7900
Stochastique (14,3,5):	16.19
TEMA (21):	20.58
Williams %R (14):	-87.98
Chande Momentum Oscillator (20):	-0.26
Repulse (5,40,3):	-3.3600
ROCnROLL:	2
TRIX (15,9):	-0.2300
Courbe Coppock:	3.01

MA7:	21.79
MA20:	22.14
MA50:	23.11
MA100:	24.84
MAexp7:	20.81
MAexp20:	21.19
MAexp50:	21.66
MAexp100:	21.97
Price / MA7:	-6.24%
Price / MA20:	-7.72%
Price / MA50:	-11.60%
Price / MA100:	-17.75%
Price / MAexp7:	-1.83%
Price / MAexp20:	-3.59%
Price / MAexp50:	-5.68%
Price / MAexp100:	-7.01%

Quotes : - 15 min delayed data - Actions NASDAQ

News

The latest news and videos published on APA CORP. at the time of the analysis were as follows: