Conocophillips $COP Technical Update

The Conocophillips (NYSE: COP) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for COP, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

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Technical Summary

Term →Near Mid Long
Bias Strong Neutral Neutral
P1 70.53 69.60 67.76
P2 71.86 72.81 74.40
P3 72.91 75.68 80.81

Long Term Trading Plans for COP

September 14, 2018, 10:15 am ET

The Technical Summary and Trading Plans for COP help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this COP Report.

COP - (Long) Support Plan

Buy over 67.76 target 74.40 stop loss @ 67.5.
The technical summary data tells us to buy COP near 67.76 with an upside target of 74.40. This data also tells us to set a stop loss @ 67.5 to protect against excessive loss in case the stock begins to move against the trade. 67.76 is the first level of support below 72.51 , and by rule, any test of support is a buy signal. In this case, support 67.76 would be being tested, so a buy signal would exist.

COP - (Short) Resistance Plan

Short under 74.40 target 67.76 stop loss @ 74.66.
The technical summary data is suggesting a short of COP as it gets near 74.40 with a downside target of 67.76. We should have a stop loss in place at 74.66 though. 74.40 is the first level of resistance above 72.51, and by rule, any test of resistance is a short signal. In this case, if resistance 74.40 is being tested, so a short signal would exist.

COP Long Term Analysis

COP EPS Analysis

COP Dividend Chart

COP Revenue chart

COP Growth rate - Quarterly

COP Growth rate - Yearly

COP PE chart

COP PEG chart