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Shares of APA Down 6.2% Since Downtrend Call on Shares

By Shiri Gupta

SmarTrend identified a Downtrend for Apache Corp (NYSE:APA) on April 26th, 2019 at $33.30. In approximately 3 weeks, Apache Corp has returned 6.20% as of today's recent price of $31.23.

In the past 52 weeks, Apache Corp share prices have been bracketed by a low of $24.56 and a high of $50.03 and are now at $31.32, 28% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.6% while the 200-day MA has slid 0.8%.

Apache Corporation is an independent energy company. The Company explores for, develops, and produces natural gas, crude oil, and natural gas liquids. Apache operates worldwide.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Apache Corp.

Log in and add Apache Corp (APA) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights Apache Corp

Ticker(s): APA