May 23, 2026 at 7:05 PM
•
$120.46
(-0.08%)
ConocoPhillips (COP) finished unchanged at $120.46 on May 23.
From a technical standpoint, the outlook appears bearish:
Moving Averages
Price sits below both the 9-day ($121.14) and 21-day ($121.18) EMAs, suggesting short-term weakness.
Momentum
RSI at 48.6 is in neutral territory but trending lower. MACD reads -0.21 against its -0.50 signal line (bullish).
Volatility
Bollinger Band width at 12.9% indicates normal volatility.
While EMAs remain bearish, positive MACD divergence hints at potential support around $113.33.
Technical levels: $113.33 support, $129.02 resistance.