|
|
Oil & Gas Exploration & Production Industry Stocks Technical Analysis - COPArchive
- 6/6/2025 -
Sign In to see current Signals. |
ConocoPhillips (COP) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was a second consecutive positive week for the ConocoPhillips (COP). During the week, the COP gained 1.87 points, or 2.19%, and closed at 87.22 on Friday, June 6, 2025. Weekly volume was -8% below average.
COP is a member of Energy Sector. Energy is the most oversold 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 April 12, 2024 at 135.18 and reached 79.88 on April 9, 2025. COP lost 55.30 points, or 40.91%, in 51 weeks. The price is now at the 13.27% retracement level.
 Medium-term trend: [See COP medium-term trend chart]
A medium-term downtrend had started on May 13, 2025 at 95.08 and reached 84.28 on May 28, 2025. COP lost 10.80 points, or 11.36%, in 2 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 85.39 and resistance is at 88.04. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern 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 April 4, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.
 Short-term trend: [See COP short-term trend chart]
A short-term uptrend had started on May 28, 2025 at 84.28 and reached 88.87 on June 4, 2025. COP gained -4.59 points, or -5.45%, in 7 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See COP daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. 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.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
| |
|
|