ConocoPhillips Bullish Moving Average Crossover Alert (COP)
ConocoPhillips (NYSE:COP) crossed over its 10-day moving average of $43.68 on a volume of 1.4 million shares. Swing traders may find an opportunity 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 $31.05 to $68.36 and is now at $44.91, 45% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.2% while the 200-day MA has slid 0.5%.
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