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Investing in APA Corporation (APA): What You Must Know

APA Corporation’s recent filing unveils that its Former Officer LANNIE P ANTHONY acquired Company’s shares for reported $2.15 million on Oct 28 ’24. In the deal valued at $23.97 per share,89,501 shares were bought.

Then, Rabun Daniel Wayne bought 75,998 shares, generating $2,251,820 in total proceeds.

A number of analysts have revised their coverage, including Evercore ISI’s analysts, who decreased its forecast for the stock in mid June from “an Outperform” to “an In-line”. Barclays started covering the stock on April 10, 2024. It rated APA as “an Equal weight”.

Price Performance Review of APA

On Tuesday, APA Corporation [NASDAQ:APA] saw its stock jump 0.36% to $22.42. Over the last five days, the stock has lost -1.10%. APA Corporation shares have fallen nearly -37.51% since the year began. Nevertheless, the stocks have fallen -38.07% over the past one year. While a 52-week high of $37.82 was reached on 01/03/24, a 52-week low of $21.15 was recorded on 11/08/24. SMA at 50 days reached $24.03, while 200 days put it at $28.57.

Levels Of Support And Resistance For APA Stock

The 24-hour chart illustrates a support level at 22.24, which if violated will result in even more drops to 22.07. On the upside, there is a resistance level at 22.67. A further resistance level may holdings at 22.93. The Relative Strength Index (RSI) on the 14-day chart is 43.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 42.55%. Stochastics %K at 60.16% indicates the stock is a holding.

How much short interest is there in APA Corporation?

A steep rise in short interest was recorded in APA Corporation stocks on 2024-11-15, growing by 57647.0 shares to a total of 19.03 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 18.97 million shares. There was a rise of 0.3%, which implies that there is a positive sentiment for the stock.

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