COP

ConocoPhillipsEnergy

$118.79-3.91%

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$118.79

FEBMARAPR

Rising Wedge Detected

Technical indicators signal a Rising Wedge forming. Verify the setup on the chart.

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Quick Actions

Trade Plan: Double Bottom

Risk/Reward

1:2

Entry

$135.87

Stop

$124.40

Target

$158.81

Chart Pattern

Rising Wedge

Reversal pattern. Price likely to break downwards.

Double Bottom

Reversal pattern after a downtrend.

Market Analysis

COP is showing interesting structural developments at $118.79. Currently at $118.79, the asset is showing downward momentum (-3.91%). Price action has carved out a classic Double Bottom. This setup is supported by average volume turnover. A potential breakout level is identified at $135.87, targeting $158.81 with support near $124.4 (R:R 2.0).

Community Sentiment

What is your outlook on COP?

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Peer Analysis

Vlo Rectangle Mpc Rising Wedge Hal Bullish Flag Oxy Rising Wedge Oke Double Bottom

Pattern Peers

Fet Rising Wedge Vlo Rising Wedge Rost Rising Wedge Ar Rising Wedge Sre Rising Wedge