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Downtrend ResistanceArchive - 3/20/2026 - Sign In to see current Signals. |
ConocoPhillips (COP) Technical Analysis
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| Summary:
| | Weekly :     | | Daily :   Move cursor over the icon to see details.
| | It was a fourth consecutive positive week for the ConocoPhillips (COP). During the week, the COP gained 5.03 points, or 4.13%, and closed at 126.92 on Friday, March 20, 2026. It was the best weekly gain since January 30, 2026. Weekly volume was 74% above average. COP is a member of Energy Sector. Energy is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See COP long-term trend chart] A long-term downtrend had started on November 4, 2022 at 138.49 and reached 79.88 on April 9, 2025. COP lost 58.61 points, or 42.32%, in 126 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (130.71). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.
Medium-term trend: [See COP medium-term trend chart] A medium-term uptrend had started on November 6, 2025 at 85.57 and reached 128.13 on March 20, 2026. COP gained -42.56 points, or -49.74%, in 19 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (102.43) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See COP weekly technical indicators chart] Weekly Relative Strength Index and Lane's Stochastic are overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index and Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help. The weekly MACD line is above its signal line since December 5, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.
Short-term trend: [See COP short-term trend chart] A short-term uptrend had started on January 7, 2026 at 93.91 and reached 128.13 on March 20, 2026. COP gained -34.22 points, or -36.44%, in 72 days. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (115.57) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend.
Daily Technical Indicators: [See COP daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range and Lane's Stochastic. Daily Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. The daily MACD line is above its signal line since March 11, 2026. This is an indication that the short-term trend is up.
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