APA Corporation’s stock price (APA) kept falling in the intraday levels, breaching the pivotal support of $29.50, amid the dominance of the main downward trend in the medium term, while trading alongside the secondary trend line in the short term, amid negative pressure from the 50-day SMA, coupled with negative signals from the RSI despite settling at oversold levels.

Therefore we expect more losses for the stock, targeting the support of $25.50, provided it settles below $29.50. 

Trend forecast: Bearish