Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where COP declined for three days, in of 300 cases, the price declined further within the following month. The odds of a continued downward trend are .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 65 cases where COP's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
COP moved below its 50-day moving average on May 30, 2023 date and that indicates a change from an upward trend to a downward trend.
The Aroon Indicator for COP entered a downward trend on May 12, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The RSI Indicator entered the oversold zone -- be on the watch for COP's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
The Momentum Indicator moved above the 0 level on May 17, 2023. You may want to consider a long position or call options on COP as a result. In of 83 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 May 17, 2023. Looking at past instances where COP's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .
The 10-day moving average for COP crossed bullishly above the 50-day moving average on May 24, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 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 .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where COP advanced for three days, in of 307 cases, the price rose further within the following month. The odds of a continued upward trend are .
COP may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 80, placing this stock better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very 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 Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued 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 (2.514) is normal, around the industry mean (6.025). P/E Ratio (7.905) is within average values for comparable stocks, (15.441). Projected Growth (PEG Ratio) (0.867) is also within normal values, averaging (55.797). Dividend Yield (0.023) settles around the average of (0.090) among similar stocks. P/S Ratio (1.653) is also within normal values, averaging (151.682).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. COP’s price grows at a lower 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 worse than 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 average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a producer of wholesales oil and natural gas
A.I.dvisor indicates that over the last year, COP has been closely correlated with EOG. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if COP jumps, then EOG could also see price increases.