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Archive - 6/5/2026 - Sign In to see current Signals. |
ConocoPhillips (COP) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was a first positive week for the ConocoPhillips (COP). During the week, the COP gained 3.16 points, or 2.77%, and closed at 117.14 on Friday, June 5, 2026. Weekly volume was -20% below average. COP is a member of Energy Sector. Energy is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See COP long-term trend chart] A long-term downtrend had started on November 4, 2022 at 138.49 and reached 79.88 on April 9, 2025. COP lost 58.61 points, or 42.32%, in 126 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 73.36 and resistance is at 130.22. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend.
Medium-term trend: [See COP medium-term trend chart] A medium-term uptrend had started on November 6, 2025 at 85.57 and reached 135.87 on March 30, 2026. COP gained -50.30 points, or -58.78%, in 20 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (120.44) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
Weekly Technical Indicators: [See COP weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since May 8, 2026. Use the following link to access a MACD help.
Short-term trend: [See COP short-term trend chart] A short-term downtrend had started on April 29, 2026 at 128.28 and reached 112.64 on May 29, 2026. COP lost 15.64 points, or 12.19%, in 30 days. The chart has formed a Falling Channel chart pattern.
Daily Technical Indicators: [See COP daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Energy |
11 |
| Industry |
Oil & Gas Exploration & Production |
70 |
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| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Channel |
| High |
128.28 |
| High Date |
04/29/2026 |
| Low |
112.64 |
| Low Date |
05/29/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
135.87 |
| High Date |
03/30/2026 |
| Low |
112.21 |
| Low Date |
04/17/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Symmetric Triangle |
| Status |
Broken Support |
| Resistance |
118.88 |
| Support |
120.44 |
| Low |
85.57 |
| Low Date |
11/06/2025 |
| High |
135.87 |
| High Date |
03/30/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
79.88 |
| Low Date |
04/09/2025 |
| High |
135.87 |
| High Date |
03/30/2026 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Broadening Descending Wedge |
| Status |
Valid |
| Resistance |
130.22 |
| Support |
73.36 |
| High |
138.49 |
| High Date |
11/04/2022 |
| Low |
79.88 |
| Low Date |
04/09/2025 |
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