CONOCOPHILLIPS (COP) Technical Analysis
NYSE:COP • US20825C1045
Current stock price
128.25 USD
+3.93 (+3.16%)
At close:
125.798 USD
-2.45 (-1.91%)
Pre-Market:
COP Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to COP. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- 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 85% 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 10022400 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 209 other stocks in this industry, COP did better than 55% of them.
- In the last month COP has a been trading in the 112.21 - 134.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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 6 important areas.
- A support zone ranging from 121.49 to 123.61. 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 118.62 to 119.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 116.04 to 116.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @114.15 from a horizontal line in the daily time frame.
- 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 | 85.45 | POSITIVE | COP has a high relative strength, it outperformed 85.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of COP is above a declining 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) | 59.33 | NEUTRAL | The RSI value for COP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests COP has a positive trend. |
| Stochastics (14,3) | 79.09 | NEUTRAL | The Stochastics value for COP is a neutral value. |
| Average True Range in percent/ATR (20) | 3.35 | MEDIUM VOLATILITY | The ATR as a percentage value for COP suggests some volalility. |
| Average Directional Index/ADX (14) | 16.51 | NEGATIVE | The low ADX value for COP suggests a weak or negative 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
128.25
+3.93 (+3.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg3.16%
1 Week4.61%
2 Weeks7.85%
1 Month-2.84%
3 Month23.05%
6 Month44.33%
12 Month40.3%
2 Year2.09%
3 Year24.65%
5 Year150.78%
10 Year168.36%
15 Year62.57%
Volatility
ATR(14)3.83
ATR(20)%3.35%
ATR Inc-23.44%
Range Today3.2
ADR(20)3.34
ADR(20)%2.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.45
3 months CRS91.55
6 months CRS93.38
Mansfield1.87
10 Day High128.28
10 Day Low112.21
20 Day High134.41
20 Day Low112.21
52 Week High135.87
52 Week Low84.28
CS1 End123.61
CR1 Start133.81
Volume & EV
DER(3)0.65%
DER(5)1.55%
Volume9.68M
Volume Incr9.6%
Vol(5)9.61M
Vol(50)10.02M
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.
Can you provide the RSI signal for CONOCOPHILLIPS?
CONOCOPHILLIPS (COP) has an RSI value of 59.3349. 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.