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Taking a Closer Look At APA Corporation (APA) Following Its Recent Trade

APA Corporation’s recent filing unveils that its Director Ellis Juliet S acquired Company’s shares for reported $0.1 million on Dec 12 ’24. In the deal valued at $22.78 per share,4,391 shares were bought. As a result of this transaction, Ellis Juliet S now holds 12,436 shares worth roughly $0.28 million.

Then, LANNIE P ANTHONY bought 89,501 shares, generating $2,145,212 in total proceeds.

Before that, Rabun Daniel Wayne bought 75,998 shares. APA Corporation shares valued at $2,251,820 were divested by the Director at a price of $29.63 per share.

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 Friday, APA Corporation [NASDAQ:APA] saw its stock fall -0.35% to $22.86. Over the last five days, the stock has gained 6.72%. APA Corporation shares have fallen nearly -36.29% since the year began. Nevertheless, the stocks have fallen -34.40% over the past one year. While a 52-week high of $37.82 was reached on 01/03/24, a 52-week low of $20.95 was recorded on 12/06/24. SMA at 50 days reached $23.60, while 200 days put it at $28.25.

Levels Of Support And Resistance For APA Stock

The 24-hour chart illustrates a support level at 22.66, which if violated will result in even more drops to 22.46. On the upside, there is a resistance level at 23.08. A further resistance level may holdings at 23.30. The Relative Strength Index (RSI) on the 14-day chart is 51.96, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.35, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 12.79%. Stochastics %K at 81.13% indicates the stock is a selling.

How much short interest is there in APA Corporation?

A steep rise in short interest was recorded in APA Corporation stocks on 2024-11-29, growing by 4.43 million shares to a total of 20.46 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 16.03 million shares. There was a rise of 21.66%, which implies that there is a positive sentiment for the stock.

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