CONOCOPHILLIPS (COP) Stock Technical Analysis
NYSE:COP - US20825C1045 - Common Stock
97.02 USD
-0.88 (-0.9%)
We assign a technical rating of 7 out of 10 to COP. Although COP is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, COP is a bad performer in the overall market: 66% of all stocks are doing better.
The long and short term trends are both positive. This is looking good!
In the last month COP has a been trading in the 91.18 - 98.63 range, which is quite wide. It is currently trading near the high of this range.
COP has an average volume of 7072460 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 208 other stocks in this industry, COP did better than 48% of them.
COP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so COP is lagging the market.
COP has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 97.91. Right above this resistance zone may be a good entry point.
More info and screens
83.73
99.16
When analyzing the support we can see 4 important areas.
- A support zone ranging from 93.98 to 95.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @91.00 from a horizontal line in the daily time frame.
- A support zone ranging from 88.14 to 89.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 84.58 to 85.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 97.60 to 98.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for COP is up. |
| ChartMill Relative Strength | 34.64 | NEUTRAL | COP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of COP is above 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) | DOWN | MIXED | The current price of COP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.02 | NEUTRAL | The RSI value for COP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests COP has a positive trend. |
| Stochastics (14,3) | 90.76 | OVERBOUGHT | The high Stochastics value suggests COP may be overbought. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for COP suggests some volalility. |
| Average Directional Index/ADX (14) | 15.72 | NEGATIVE | The low ADX value for COP suggests a weak or negative trend. |
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)
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 |
|---|---|---|---|
| 98.19 | 97.59 | 0.60 (0.61%) | 25.00% |
| An entry @98.19. This is a Buy Stop order right above the resistance zone. | An exit @97.59. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.60 points, which is 0.61%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.15%. |
- 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.
NYSE:COP (8/28/2025, 10:25:07 AM)
97.02
-0.88 (-0.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.9%
1 Week3.17%
2 Weeks2.11%
1 Month1.27%
3 Month14.7%
6 Month-1.26%
12 Month-13.96%
2 Year-17.75%
3 Year-10.55%
5 Year158.38%
10 Year99.19%
15 Year86.73%
Volatility
ATR(14)2.05
ATR(20)%2.25%
ATR Inc-20.17%
Range Today1.24
ADR(20)2.12
ADR(20)%2.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.64
Mansfield-0.95
10 Day High98.63
10 Day Low93.19
20 Day High98.63
20 Day Low91.18
52 Week High116.08
52 Week Low79.88
CS1 End97.6
CR1 Start97.91
Volume & EV
DER(3)1.06%
DER(5)0.96%
Volume428.15K
Volume Incr-7.47%
Vol(5)6.27M
Vol(50)7.07M