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Downtrend Call Working As Conocophillips Stock Falls 39.3% (COP)

Nov 21, 2020 (SmarTrend(R) Spotlight via COMTEX) --

SmarTrend identified a Downtrend for Conocophillips (NYSE:COP) on May 12th, 2015 at $65.35. In approximately 67 months, Conocophillips has returned 39.33% as of today's recent price of $39.65.

Over the past year, Conocophillips has traded in a range of $20.84 to $67.13 and is now at $39.90, 91% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.5% while the 200-day MA has slid 1.2%.

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.

Write to SmarTrend at cs@mysmartrend.com

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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com

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