CONOCOPHILLIPS (COP)
US20825C1045 - Common Stock
We assign a technical rating of 10 out of 10 to COP. 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.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, COP did better than 84% of all other 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 is also trading in the upper part of its 52 week range, so COP is performing more or less in line with the market.
COP is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
COP has an average volume of 5321530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
COP is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry, COP did better than 66% of them.
Besides having an excellent technical rating, COP also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 129.51, a Stop Loss order could be placed below this zone.
More info and screens
108.87
135.30
We found 3 important support areas.
- A support zone ranging from 127.80 to 129.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 113.45 to 115.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @109.97 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 130.45 to 130.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 133.53 to 133.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.99
Mansfield0.34
10 Day High135.18
10 Day Low126.94
20 Day High135.18
20 Day Low126.71
52 Week High135.18
52 Week Low95.7
Performance
1 Week1.8%
2 Weeks-2.11%
1 Month2.58%
3 Month15.93%
6 Month10.45%
12 Month26.46%
2 Year36.21%
3 Year154.42%
5 Year106.13%
10 Year75.09%
15 Year217.34%
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)
Technical Indicators
MACD(12,26,9)-0.74
RSI(14)61.33
LBB127.19
UBB133.6
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 130.50 | 127.79 | 2.71 (2.08%) | 25.00% |
| An entry @130.50. This is a Buy Stop order right above the resistance zone. | An exit @127.79. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.71 points, which is 2.08%. | For a 0.52% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of COP. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CONOCOPHILLIPS
NYSE:COP (4/25/2024, 7:04:00 PM)
After market: 129.15 -0.96 (-0.74%)130.11
+0.83 (+0.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.64%
1 Week1.8%
2 Weeks-2.11%
1 Month2.58%
3 Month15.93%
6 Month10.45%
12 Month26.46%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.52
ATR(20)%1.81%
ATR Inc
Range Today2.34
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High135.18
10 Day Low126.94
20 Day High135.18
20 Day Low126.71
52 Week High135.18
52 Week Low95.7
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.67M
Volume Incr-10.89%
Vol(5)3.89M
Vol(50)5.32M