CONOCOPHILLIPS
CONOCOPHILLIPS
67.0 USD (+1.36%)
03/05/2025 - 16:34 Closed 15 min delayed data - NYSE Stocks
Open: 66.0
Change: +0.9
Volume: 2,442
Low: 66.0
High: 67.5
High / Low range: 1.5
Type: Stocks
Ticker: COP
ISIN:

CONOCOPHILLIPS - 1H - Technical analysis published on 08/02/2022 (GMT)

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  • 08/02/2022 - 18:50
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  • Timeframe : 1H
  • - Analysis generated on 08/02/2022 - 18:50
  • Status : INVALID

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Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
17%
33%
50%
My opinion
Bullish above 94.16 USD
My targets
96.29 USD (+1.28%)
97.91 USD (+2.99%)
My analysis
The basic bullish trend is very strong on CONOCOPHILLIPS but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 94.16 USD. Crossing the first resistance at 96.29 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 97.91 USD as an objective. Crossing it would then enable buyers to target 105.88 USD. Caution, a return to below 94.16 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
3.8

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The CONOCOPHILLIPS price is 95.07 USD. On the day, this instrument lost -0.03% with the lowest point at 93.93 USD and the highest point at 95.85 USD. The deviation from the price is +1.21% for the low point and -0.81% for the high point.

93.93
95.85
95.07

So that you have an overall view of the price change, here is a table showing the variations over several periods:
Created with Raphaël 2.3.0-20020406080January 1st3 years1 year6 months1 month5 daysToday
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of CONOCOPHILLIPS indicates that the overall trend is strongly bullish. The signals given by moving averages are 82.14% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour



On the 18 technical indicators analysed, 3 are bullish, 9 are neutral and 6 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour



For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 84.66 90.21 94.16 95.07 96.29 97.91 105.88
Change (%) -10.95% -5.11% -0.96% - +1.28% +2.99% +11.37%
Change -10.41 -4.86 -0.91 - +1.22 +2.84 +10.81
Level Minor Major Minor - Minor Intermediate Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard91.4592.5793.8394.9596.2197.3398.59
Camarilla94.4594.6694.8895.1095.3295.5495.76
Woodie91.5392.6193.9194.9996.2997.3798.67
Fibonacci92.5793.4894.0494.9595.8696.4297.33


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard80.7184.2590.8494.38100.97104.51111.10
Camarilla94.6495.5796.5097.4398.3699.29100.22
Woodie82.2485.0192.3795.14102.50105.27112.63
Fibonacci84.2588.1290.5194.3898.25100.64104.51


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard64.8971.6084.5191.22104.13110.84123.75
Camarilla92.0493.8395.6397.4399.23101.03102.83
Woodie68.0073.1587.6292.77107.24112.39126.86
Fibonacci71.6079.0983.7291.2298.71103.34110.84

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Created with Raphaël 2.3.0Neutral9
Moving averages
Created with Raphaël 2.3.0Buy23

RSI (14): 50.67
MACD (12,26,9): 0.3400
Directional Movement: 1.45
AROON (14): -14.29
DEMA (21): 95.50
Parabolic SAR (0,02-0,02-0,2): 96.39
Elder Ray (13): -0.23
Super Trend (3,10): 97.98
Zig ZAG (10): 94.80
VORTEX (21): 1.0600
Stochastique (14,3,5): 29.36
TEMA (21): 94.94
Williams %R (14): -70.28
Chande Momentum Oscillator (20): 0.53
Repulse (5,40,3): 0.0300
ROCnROLL: -1
TRIX (15,9): 0.0900
Courbe Coppock: 2.97
MA7: 94.00
MA20: 88.60
MA50: 98.34
MA100: 98.62
MAexp7: 94.96
MAexp20: 94.87
MAexp50: 93.34
MAexp100: 91.70
Price / MA7: +1.14%
Price / MA20: +7.30%
Price / MA50: -3.33%
Price / MA100: -3.60%
Price / MAexp7: +0.12%
Price / MAexp20: +0.21%
Price / MAexp50: +1.85%
Price / MAexp100: +3.68%

Quotes : 08/02/2022 - 18:34 - 15 min delayed data - NYSE Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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