Apache Corporation (NYSE:APA) Jumped Up 1.3%, But Why?

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In its latest trading session, Apache Corporation (NYSE:APA) spiked up by 1.3% – here is what that looked like (as of 2020-01-06):

What is the cause of all this?? To have a greater insight of what is happening, it is helpful to analyze some technical indicators. As we see it, you should pay the most attention to the following:

A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of -0.009, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.624, an Accumulation/Distribution Index (ADI) of 0.624, an On-Balance Volume (OBV) of 198.255, and a Chaiikin Money Flow (CMF) of -25.36. 1.837

Now let’s take all these indicators into account. Consulting Trading View, this is what it all means:

That is what an analysis of technical indicators seems to indicate for Apache Corporation (NYSE:APA). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.