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Conocophillips Crosses Above its 10-day MA (COP)

By David Diaz

Today, shares of Conocophillips (NYSE:COP) have crossed bullishly above their 10-day moving average of $66.37 on a volume of 839K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Conocophillips have traded between a low of $56.75 and a high of $80.24 and are now at $66.87, which is 18% above that low price. The 200-day and 50-day moving averages have moved 0.08% lower and 0.39% lower over the past week, respectively.

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