Energy Stock Channel
Market News Video Self Directed Investor The Warren Buffetts Next Door ValueForum.com
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Noteworthy ETF Inflows: IXC, CVX, COP, EOG
Wednesday, November 28, 10:53 AM ET, by Market News Video Staff

Symbols mentioned in this story: IXC, CVX, COP, EOG Exchange traded funds (ETFs) trade just ...

COP January 2019 Options Begin Trading
Thursday, November 29, 11:05 AM ET, by Market News Video Staff

Investors in ConocoPhillips (COP) saw new options begin trading today, for the January 2019 expiration. ...

COP Makes Bullish Cross Above Critical Moving Average
Monday, December 3, 11:28 AM ET, by Market News Video Staff

In trading on Monday, shares of ConocoPhillips (COP) crossed above their 200 day moving average ...

Energy Select Sector SPDR Fund Experiences Big Inflow
Thursday, December 6, 10:53 AM ET, by Market News Video Staff

Symbols mentioned in this story: XLE, CVX, COP, EOG Exchange traded funds (ETFs) trade just ...

February 2019 Options Now Available For ConocoPhillips (COP)
Thursday, December 13, 10:35 AM ET, by Market News Video Staff

Investors in ConocoPhillips (COP) saw new options begin trading today, for the February 2019 expiration. ...

COP Crosses Critical Technical Indicator

By Energy Stock Channel Staff, Friday, February 9, 11:32 AM ET
Play Video: Learn About The RSI


If the video does not load after a few moments, Upgrade to the Latest Flash Player.

In trading on Friday, shares of ConocoPhillips (NYSE:COP) entered into oversold territory, changing hands as low as $51.72 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.

In the case of ConocoPhillips, the RSI reading has hit 27.8 by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 35.9, the RSI of WTI Crude Oil is at 39.1, the RSI of Henry Hub Natural Gas is presently 36.4, and the 3-2-1 Crack Spread RSI is 29.4.

A bullish investor could look at COP's 27.8 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.

Looking at a chart of one year performance (below), COP's low point in its 52 week range is $42.265 per share, with $61.315 as the 52 week high point that compares with a last trade of $51.80. ConocoPhillips shares are currently trading down about 1.7% on the day.

ConocoPhillips 1 Year Performance Chart

According to the ETF Finder at ETF Channel, COP makes up 10.85% of the iShares U.S. Oil & Gas Exploration & Production ETF (AMEX:IEO) which is trading lower by about 1.1% on the day Friday.

See what other ETFs contain COP
See what other stocks are held by IEO


Can your brain be trained to become a chart-predicting wizard? Click here to find out


This Article's Word Cloud:   AMEX   According   Channel   Click   ConocoPhillips   Crack   Crude   ETFs   Energy   Exploration   Finder   Friday   Henry   Index   Looking   NYSE   Natural   Oversold   Production   Relative   Spread   Start   Stock   Stocks   Strength   about   analysis   average   become   begin   below   brain   bullish   chart   currently   look   other   oversold   point   reading   share   shares   stocks   territory   that   trading   week   what   which   with

COP Crosses Critical Technical Indicator | www.EnergyStockChannel.com | Copyright © 2010 - 2019, All Rights Reserved

Nothing in Energy Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and energy stock videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Energy Stock Channel; Meet Our Editorial Staff.