COP

COP

ConocoPhillips
Energy
$133.35 -1.13% As of Aug 24, 9:01 PM
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Technical Analysis

EMA Crossover Fuels COP Move to $133.35

Bullish
Aug 24, 2026 at 9:01 PM $133.35 (-1.13%)

The stock of ConocoPhillips (COP) dropped 1.13% to close at $133.35 on August 24.

Chart analysis reveals a bullish configuration:

Moving Averages Moving averages are stacked bullishly—9-day EMA ($130.11) supports, 21-day ($125.11) below.
Momentum RSI at 69.4 is in neutral territory. MACD is bullish (4.88 vs signal 3.85).
Volatility Bollinger Band width at 20.9% indicates normal volatility.

While the trend remains bullish, elevated RSI warrants caution for new entries at current levels.

The $110.87-$136.80 range defines near-term boundaries.

COP RSI Hits Extreme Overbought at $134.87

Bearish
Aug 24, 2026 at 12:51 AM $134.87 (-0.02%)

Shares of ConocoPhillips (COP) held steady at $134.87 on August 24.

The technical picture is bullish:

Moving Averages Bullish EMA alignment intact with price above the 9-day at $129.30 and 21-day at $124.28.
Momentum RSI at 73.5 is in overbought territory, suggesting potential near-term exhaustion. MACD reads 4.79 against its 3.60 signal line (bullish).
Volatility Bollinger Band width at 20.6% indicates normal volatility.

The bullish trend is intact, but overbought momentum readings suggest waiting for a pullback.

Traders are watching $110.28 on the downside and $135.61 on the upside.

COP Rally May Be Overextended Near $134.87

Bearish
Aug 23, 2026 at 3:23 AM $134.87 (-0.02%)

RSI Flashes Caution as COP Extends to $134.87

Bearish
Aug 22, 2026 at 6:34 AM $134.87 (-0.02%)

Sell Signal? COP RSI Peaks at $134.87

Bearish
Aug 21, 2026 at 9:01 PM $134.87 (-0.02%)
Systematic technical analysis • Updated daily after market close
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Market Summary

Current Price $133.35
Daily Change -1.13%
Sentiment Bullish
Sector Energy
Last Updated Aug 24
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.