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Oil & Gas Exploration & Production Industry Stocks Technical Analysis - APAArchive - 6/5/2026 - 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 first positive week for the Apache Corp. (APA). During the week, the APA climbed 0.14 points, or 0.38%, and closed at 36.57 on Friday, June 5, 2026. Weekly volume was -41% 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 price is near the trend resistance line (38.89). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.
Medium-term trend: [See APA medium-term trend chart] A medium-term uptrend had started on April 9, 2025 at 13.58 and reached 45.66 on March 30, 2026. APA gained -32.08 points, or -236.23%, in 50 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (26.53) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 medium-term trend.
Weekly Technical Indicators: [See APA weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since May 22, 2026. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.
Short-term trend: [See APA short-term trend chart] A short-term downtrend had started on May 5, 2026 at 42.09 and reached 35.17 on May 8, 2026. APA lost 6.92 points, or 16.44%, in 3 days. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 35.97 and resistance is at 41.07. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a short-term trend.
Daily Technical Indicators: [See APA daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since May 22, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Energy |
11 |
| Industry |
Oil & Gas Exploration & Production |
70 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
35.76 |
| Low Date |
05/29/2026 |
| High |
38.79 |
| High Date |
06/03/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Symmetric Triangle |
| Status |
Valid |
| Resistance |
41.07 |
| Support |
35.97 |
| High |
42.09 |
| High Date |
05/05/2026 |
| Low |
35.17 |
| Low Date |
05/08/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Symmetric Triangle |
| Status |
Broken Support |
| Resistance |
38.95 |
| Support |
38.45 |
| Low |
23.25 |
| Low Date |
01/07/2026 |
| High |
45.66 |
| High Date |
03/30/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Channel |
| Status |
Broken Resistance |
| Resistance |
32.59 |
| Support |
26.53 |
| Low |
13.58 |
| Low Date |
04/09/2025 |
| High |
45.66 |
| High Date |
03/30/2026 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Broadening Descending Wedge |
| Status |
Test Resistance |
| Resistance |
38.89 |
| Support |
6.42 |
| High |
51.95 |
| High Date |
06/08/2022 |
| Low |
13.58 |
| Low Date |
04/09/2025 |
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