The Greedy Trader Weekly Analysis
Sign In Oct 19, 2018
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Number of records: 0
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Anadarko Petroleum
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend resistance line
Daily :Broken trend support lineStochastic signal line moved below overbought areaDaily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SARBearish Downside Tasuki Gap Candlestick20 Day Moving Average has crossed above the 50 Day Moving Average
Move cursor over the icon to see details.

It was the negative week for the Anadarko Petroleum (APC). During the week, the APC dropped -1.49 points, or -2.16%, and closed at 67.63 on Friday, October 12, 2018. It was the worst weekly loss since August 17, 2018. Weekly volume was -21% below average.

Long-term trend: [See APC long-term trend chart]
A long-term downtrend had started on August 26, 2014 at 113.51 and reached 28.16 on January 20, 2016. APC lost 85.35 points, or 75.19%, in 73 weeks. The chart has formed a Falling Pennant chart pattern. The downtrend resistance line (48.19) is broken. A broken support is considered to be a long-term bullish signal. 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 APC medium-term trend chart]
A medium-term uptrend had started on August 29, 2017 at 39.96 and reached 76.70 on July 10, 2018. APC gained -36.74 points, or -91.94%, in 45 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 62.47 and resistance is at 86.54. A Broadening Ascending 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 Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See APC weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since July 27, 2018. Use the following link to access a MACD help.

Short-term trend: [See APC short-term trend chart]
A short-term uptrend had started on September 12, 2018 at 60.55 and reached 71.11 on October 9, 2018. APC gained -10.56 points, or -17.44%, in 27 days. The chart has formed a Rising Channel chart pattern. The uptrend support line (70.44) is broken. A broken support is considered to be a long-term bearish signal. 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 support in a short-term trend.

Daily Technical Indicators: [See APC daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish 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 link to access Lane's Stochastic help.

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Candlestick pattern: [See APC candlestick chart pattern]
On Friday the chart has formed a Bearish Downside Tasuki Gap Candlestick pattern. This is a rare continuation formation that appears in a strongly downward moving market. The reliability of the Bearish Downside Tasuki Gap pattern is medium. Use the Technical Stock Screener to see the list of stocks that had a Bearish Downside Tasuki Gap Candlestick pattern during the last week.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 56.31
Williams' Percentage Range (W%R) 49.70
Lane's Stochastic (%D-Slow) 49.97
Greed/Fear Indicator (GFI) 52.20
Moving Average Converg./Diverg. (MACD) 0.88
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 39.12
Williams' Percentage Range (W%R) 58.80
Lane's Stochastic (%D-Slow) 46.94
Greed/Fear Indicator (GFI) 44.87
Moving Average Converg./Diverg. (MACD) 1.54
Trading Signals
Description Value Chart
Weekly Trendline Resistance 73.77
Upper Bollinger Band 70.99
Parabolic System 70.77
Weekly Trendline Support 70.44
Daily Stochastic Crossing 68.06
Price 67.63
20 Day Moving Average 67.05
Weekly Stochastic Crossing 66.47
50 Day Moving Average 65.34
Lower Bollinger Band 63.34
Quarterly Trendline Support 62.47
Monthly Trendline Support 59.01
Monthly Trendline Resistance 56.56
Sector and Industry
Description Name Rank
Sector Basic Materials 6
Industry Independent Oil & Gas 88
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 71.11
High Date 10/09/2018
Low 65.93
Low Date 10/11/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Support
Resistance 73.77
Support 70.44
Low 60.55
Low Date 09/12/2018
High 71.11
High Date 10/09/2018
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 56.56
Support 59.01
High 76.70
High Date 07/10/2018
Low 60.55
Low Date 09/12/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 86.54
Support 62.47
Low 39.96
Low Date 08/29/2017
High 76.70
High Date 07/10/2018
Description Value
Direction Down
Chart Pattern Falling Pennant
Status Broken Resistance
Resistance 41.27
Support 48.19
High 113.51
High Date 08/26/2014
Low 28.16
Low Date 01/20/2016
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

Copyright© 2004-2016 All rights reserved.