Anadarko Petroleum Technical Analysis (NYSE:APC)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The APC stock chart pattern can give those who understand technical analysis an indication of which way APC stock is headed, but cannot predict with 100% certainty as to what can happen to the Anadarko Petroleum stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Anadarko Petroleum. Technical analysis uses an approach for Anadarko Petroleum stock analysis that does not care for the fair value of a company but uses price and volume data only.
Anadarko Petroleum Moving Average
Moving averages show the APC stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The 20 day moving average of $72.76 is above the last closing price of $62.05 and the 50 day moving average of $71.61 is above the last closing price of $62.05. The 10 and 20 day periods can predict short term moving average trends.
Anadarko Petroleum Bollinger Bands
Bollinger bands comprise of a center line usually APC SMA, and two APC stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Anadarko Petroleum bollinger bands show that the stock price is $62.05, upper band is 75.51, lower band is 70.4, and the average is 72.95.
Anadarko Petroleum Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Anadarko Petroleum MACD line is below the signal line.
Anadarko Petroleum Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . If the RSI of APC stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.