Bearish MACD Cross Pressures COP at $91.54
BearishConocoPhillips (COP) closed down 0.29% at $91.54 on December 29.
Technical indicators paint a bearish picture:
Moving Averages
Mixed signals with price near the 9-day EMA ($92.55). The 21-day EMA sits at $92.18.
Momentum
RSI at 51.5 is in neutral territory but trending lower. MACD is bearish (0.61 vs signal 0.95).