CONOCOPHILLIPS (COP) Technical Analysis
NYSE:COP • US20825C1045
Current stock price
129.35 USD
+2.16 (+1.7%)
At close:
128.17 USD
-1.18 (-0.91%)
After Hours:
COP Technical Rating and Analysis
Overall COP gets a technical rating of 9 out of 10. Both in the recent history as in the last year, COP has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- A new 52 week high is currently being made by COP, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so COP is leading the market.
- In the last month COP has a been trading in the 108.11 - 131.00 range, which is quite wide. It is currently trading near the high of this range.
- COP has an average volume of 9977060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, COP did better than 88% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- COP is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 59% of 209 stocks in the same industry.
- Volume is considerably higher in the last couple of days.
COP Weekly and Daily overview Charts
COP Setup Rating and Analysis
Although COP has an excellent technical rating, it does not present a decent entry opportunity 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
130.64
4 important support areas can be observed.
- A support zone ranging from 118.76 to 119.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 112.84 to 114.15. 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.
- Support @86.29 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The short term trend for COP is up. |
| ChartMill Relative Strength | 88.36 | POSITIVE | COP has a high relative strength, it outperformed 88.36% off all stocks 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) | UP | POSITIVE | The current price of COP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 78.1 | OVERBOUGHT | The high RSI value suggests COP may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.62 | POSITIVE | The MACD value suggests COP has a positive trend. |
| Stochastics (14,3) | 91.78 | OVERBOUGHT | The high Stochastics value suggests COP may be overbought. |
| Average True Range in percent/ATR (20) | 2.63 | MEDIUM VOLATILITY | The ATR as a percentage value for COP suggests some volalility. |
| Average Directional Index/ADX (14) | 36.82 | 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
129.35
+2.16 (+1.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.7%
1 Week5.27%
2 Weeks13.32%
1 Month16.96%
3 Month41.3%
6 Month31.35%
12 Month26.36%
2 Year1.63%
3 Year30.38%
5 Year144.2%
10 Year221.21%
15 Year61.97%
Volatility
ATR(14)3.09
ATR(20)%2.63%
ATR Inc48.73%
Range Today3.56
ADR(20)3.1
ADR(20)%2.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.36
3 months CRS96.23
6 months CRS91.96
Mansfield3.17
10 Day High131
10 Day Low114
20 Day High131
20 Day Low108.11
52 Week High131
52 Week Low79.88
CS1 End119.41
CR1 StartN/A
Volume & EV
DER(3)0.64%
DER(5)1.13%
Volume10.44M
Volume Incr46.59%
Vol(5)14.89M
Vol(50)9.98M
CONOCOPHILLIPS / COP TA FAQ
What is the ChartMill technical rating of CONOCOPHILLIPS (COP) stock?
ChartMill assigns a technical rating of 9 / 10 to COP.
Can you provide the trend direction for CONOCOPHILLIPS?
The current trend direction for CONOCOPHILLIPS (COP) is Bullish.
What is the RSI signal for CONOCOPHILLIPS (COP) stock?
CONOCOPHILLIPS (COP) has an RSI value of 78.0951. This indicates that the stock is currently overbought.
Can you provide the MACD signal for CONOCOPHILLIPS?
The MACD indicator for CONOCOPHILLIPS (COP) has a value of 0.622959, indicating a bearish trend.
What is the buy/sell signal for COP stock?
The buy/sell signal for CONOCOPHILLIPS (COP) is buy as both the short term and long term trends are positive.