Return to News Categories

ALL NEWS SECTIONS:
MOST POPULAR SECTIONS:
Commentary and Educational Cattle - Hogs / Livestock News Currencies News Energy News Grain News Index News Interest Futures News Metals Futures News Reports: Crops, CFTC, etc Soft Commodities News

Futures and Commodity Market News

Anadarko Petrole Rises 2.31% on Heavy Volume: Watch For Potential Pullback

Feb 14, 2018 (SmarTrend(R) News Watch via COMTEX) --

Anadarko Petrole (NYSE:APC) traded in a range yesterday that spanned from a low of $56.20 to a high of $58.75. Yesterday, the shares gained 2.3%, which took the trading range above the 3-day high of $58.69 on volume of 1.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend is monitoring the recent change of momentum in Anadarko Petrole. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Anadarko Petrole in search of a potential trend change.

In the past 52 weeks, Anadarko Petrole share prices have been bracketed by a low of $39.96 and a high of $73.33 and are now at $58.42, 46% above that low price. The 200-day and 50-day moving averages have moved 0.89% lower and 2.22% higher over the past week, respectively.

Write to Chip Brian at cbrian@mysmartrend.com

---------------------------------------------------------------------------------------------

SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

Copyright, Comtex News Network, Inc. 2018

Please read the End User Agreement.
By accessing this page, you agree to the terms and conditions of the End User Agreement.

News provided by COMTEX.

Lt Crude 5834.60
Nat Gas 8.301
Corn 367 4/8
Cotton #2 77.16
Gold 1349.4
Copper 3.2385
Euro 1.24300
USD Index 89.013
SP500 E-mini 2736.25
DJIA E-mini 25236
close_icon
open_icon