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Bullish Moving Average Cross by Apache (APA)

By Nick Russo

Today, shares of Apache (NYSE:APA) have advanced above their 10-day MA of $55.46 on a volume of 542K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Apache has traded in a range of $32.20 to $70.14 and is now at $57.10, 77% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.4% while the 200-day MA has remained constant.

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

Keywords: moving crosses apache

Ticker(s): APA