• Return to Headlines

Conocophillips Bullish Moving Average Crossover Alert (COP)

By Nick Russo

Today, shares of Conocophillips (NYSE:COP) have crossed bullishly above their 10-day moving average of $67.45 on a volume of 544K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Conocophillips has traded in a range of $56.57 to $80.24 and is now at $68.78, 22% above that low. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.

SmarTrend is tracking the current trend status for Conocophillips and will alert subscribers who have COP in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses ConocoPhillips

Ticker(s): COP