The Hourly View for COP
Currently, COP (Get Ratings)’s price is up $0.38 (0.67%) from the hour prior. This is the 2nd hour in a row COP has seen its price head up. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
COP ranks 17th in terms of today’s price percentage change out of Petroleum and Natural Gas stocks.
COP’s Technical Outlook on the Daily Chart
At the time of this writing, COP’s price is up $1.73 (3.1%) from the day prior. This is a reversal of the price action on the previous day, in which price moved down. Regarding the trend, note that the strongest trend exists on the 20 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. Conocophillips’s price action over the past 90 days can be seen via the chart below.
For COP News Traders
Investors and traders in COP may be particularly interested in the following story that came out in the past day:
Celebrations may be in order for ConocoPhillips ( NYSE:COP ) shareholders, with the analysts delivering a significant…
Want More Great Investing Ideas?
The post Conocophillips (COP): Price Now Near $57.44; Daily Chart Shows An Uptrend on 20 Day Basis appeared first on ETF Daily News.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 888-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 888-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
pathogens and gives you more
energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video)
Immusist Beverage Concentrate - Proprietary blend, formulated to reduce inflammation while hydrating and oxygenating the cells.