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Downtrend Call Working As Conocophillips Stock Falls 4.9% (COP)

By Amy Schwartz

SmarTrend identified a Downtrend for Conocophillips (NYSE:COP) on March 8th, 2019 at $65.81. In approximately 2 months, Conocophillips has returned 4.92% as of today's recent price of $62.57.

Conocophillips share prices have moved between a 52-week high of $80.24 and a 52-week low of $56.75 and are now trading 11% above that low price at $62.79 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.9% while the 200-day MA has slid 0.3%.

ConocoPhillips explores for, produces, transports, and markets crude oil, natural gas, natural gas liquids, liquefied natural gas, and bitumen on a worldwide basis.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Conocophillips.

Log in and add Conocophillips (COP) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights ConocoPhillips

Ticker(s): COP