U.S. Crude Plunges 6.7% to Settle at 18-month Low
Concerns over the growing turmoil in Washington D.C. and a worsening world economy led U.S. crude oil prices plunge nearly 7% on Monday. Falling in tandem with the equities market, oil prices hit their lowest levels in nearly 18 months to trade at $42.53/bbl.
Despite the production deal struck earlier in December between the OPEC and Russia, investors are increasingly seeking shelter in apparently safe-haven assets such as gold and government debt at the cost of risker ones like oil and stocks. This negative sentiment has resulted into U.S. crude falling from its peak of 52-week high reached at the start of October to nearly 18-month low, after falling nearly 45%.
U.S. crude futures ended Monday's session at $42.53 after falling 6.7% or $3.06, its lowest closing price since June 2017 and close to 2017’s lowest level of $42.05. While Brent crude futures hit their 16-month low after falling nearly 6.2% or $3.35 to end the day at $50.47 a barrel.
Owing to this plunge, the downward slide for energy stocks has ranged between -2% to -12.5%. Some of the major losers included names like Hess Corporation (HES, -12.2%), Chevron Corporation (CVX, -3.1%), ConocoPhillips (COP, -4.7%), EOG Resources Inc. (EOG, -5%) and Continental Resources Inc. (CLR, -5.7%) among others.
COP in upward trend: 10-day moving average broke above 50-day moving average on June 13, 2025
The 10-day moving average for COP crossed bullishly above the 50-day moving average on June 13, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 19 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 60 cases where COP's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on July 08, 2025. You may want to consider a long position or call options on COP as a result. In of 88 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for COP just turned positive on July 03, 2025. Looking at past instances where COP's MACD turned positive, the stock continued to rise in of 41 cases over the following month. The odds of a continued upward trend are .
COP moved above its 50-day moving average on June 26, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where COP advanced for three days, in of 337 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The 10-day RSI Indicator for COP moved out of overbought territory on June 16, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 40 similar instances where the indicator moved out of overbought territory. In of the 40 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where COP declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
COP broke above its upper Bollinger Band on June 10, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 72, placing this stock slightly better than average.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. COP’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.072) is normal, around the industry mean (4.654). P/E Ratio (14.203) is within average values for comparable stocks, (19.615). Projected Growth (PEG Ratio) (0.867) is also within normal values, averaging (4.890). Dividend Yield (0.019) settles around the average of (0.085) among similar stocks. P/S Ratio (2.763) is also within normal values, averaging (164.964).
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General Information
a producer of wholesales oil and natural gas
Industry OilGasProduction
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