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Apache Corp Crosses Above its 10-day MA (APA)

By James Quinn

Apache Corp (NYSE:APA) crossed over its 10-day moving average of $36.00 on a volume of 504K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Apache Corp have traded between a low of $24.56 and a high of $50.03 and are now at $36.45, which is 48% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has advanced 0.9%.

SmarTrend is tracking the current trend status for Apache Corp and will alert subscribers who have APA in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Apache Corp

Ticker(s): APA