CONOCOPHILLIPS (COP) Technical Analysis
NYSE:COP • US20825C1045
Current stock price
122.55 USD
-0.92 (-0.75%)
At close:
122.761 USD
+0.21 (+0.17%)
After Hours:
COP Technical Rating and Analysis
Overall COP gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, COP is showing a nice and steady performance.
- In the last month COP has a been trading in the 119.24 - 135.87 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that COP is one of the better performing stocks in the market, outperforming 84% of all stocks. We also observe that the gains produced by COP over the past year are nicely spread over this period.
- COP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so COP is lagging the market slightly.
- COP has an average volume of 10083900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- COP is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 53% of 209 stocks in the same industry.
COP Weekly and Daily overview Charts
COP Setup Rating and Analysis
COP has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
COP Support and Resistance Analysis
85.43
135.15
When analyzing the support we can see 3 important areas.
- A support zone ranging from 122.54 to 122.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @91.00 from a horizontal line in the daily time frame.
- Support @86.29 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 133.81 to 133.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
COP Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for COP is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for COP is neutral. |
| ChartMill Relative Strength | 84.34 | POSITIVE | COP has a high relative strength, it outperformed 84.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of COP is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of COP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of COP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.24 | NEUTRAL | The RSI value for COP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.53 | NEGATIVE | The MACD value suggests COP has a negative trend. |
| Stochastics (14,3) | 20.08 | NEUTRAL | The Stochastics value for COP is a neutral value. |
| Average True Range in percent/ATR (20) | 3.2 | MEDIUM VOLATILITY | The ATR as a percentage value for COP suggests some volalility. |
| Average Directional Index/ADX (14) | 30.75 | POSITIVE | The high ADX value value for COP suggests a strong trend. |
COP Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
COP Technicals: Chart, Performance Metrics, Trend & Indicators
122.55
-0.92 (-0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.75%
1 Week-6.11%
2 Weeks-8.03%
1 Month1.9%
3 Month25.68%
6 Month39.83%
12 Month41.86%
2 Year-2.44%
3 Year19.11%
5 Year139.64%
10 Year156.43%
15 Year55.34%
Volatility
ATR(14)4.57
ATR(20)%3.2%
ATR Inc-16.15%
Range Today2.73
ADR(20)3.41
ADR(20)%2.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.34
3 months CRS93.31
6 months CRS92.1
Mansfield1.91
10 Day High135.87
10 Day Low120.7
20 Day High135.87
20 Day Low119.24
52 Week High135.87
52 Week Low84.28
CS1 End122.54
CR1 Start133.81
Volume & EV
DER(3)1.23%
DER(5)1.47%
Volume10.49M
Volume Incr-24.73%
Vol(5)8.65M
Vol(50)10.08M
CONOCOPHILLIPS / COP TA FAQ
What is the ChartMill technical rating of CONOCOPHILLIPS (COP) stock?
ChartMill assigns a technical rating of 10 / 10 to COP.
Can you provide the trend direction for CONOCOPHILLIPS?
The current trend direction for CONOCOPHILLIPS (COP) is Bullish.
Can you provide the RSI signal for CONOCOPHILLIPS?
CONOCOPHILLIPS (COP) has an RSI value of 46.2404. This indicates that the stock is currently neutral.
What is the short term momentum for COP stock?
The short term momentum for CONOCOPHILLIPS (COP) is neutral.