COP technical analysis
COP Technical Analysis
Analysis date
August 4, 2026
Market
NYSE (USD)
Daily cutoff
August 3, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
COP Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- COP
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- August 3, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 119.16 | August 3, 2026 | - | Verified |
| Verification series | 119.16 | August 3, 2026 | 0.00% | Verified |
Bottom line
COP Technical Analysis Summary
COP displays a bullish technical structure across timeframes. On the daily chart, price at 119.16 trades above SMA20 (114.94), SMA50 (113.55), and SMA200 (106.94) in a bullish moving average alignment, with a positive MACD histogram at 0.59 and RSI at 58.85. The weekly chart is also bullish, with price at 120.48 above its SMA20 (117.76), SMA50 (104.49), and SMA200 (102.09), although the weekly MACD histogram is modestly negative at -0.64. COP sits at 69.4% of its 52-week range on the daily timeframe and 72.0% on the weekly timeframe. The stock gained 15.0% over the last 20 daily sessions and 13.7% over the last 5 weeks. Immediate resistance sits at 122.38 (20-day high), then 126.00 (60-day high) and 134.87 (52-week high). Key support is at 114.94 (daily SMA20), 113.55 (daily SMA50), and 104.55 (20-day low). A close above 122.38 would extend the advance; a break below 104.55 would undermine the bullish setup.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 3, 2026)
- Trend
- Bullish. Price at 119.16 is above SMA20 (114.94), SMA50 (113.55), and SMA200 (106.94), with the moving averages stacked in a bullish order (SMA20 above SMA50 above SMA200). SMA200 continues to slope upward, confirming the longer-term uptrend. The latest completed session pulled back 1.10% after the recent advance.
- Momentum
- Mildly bullish. RSI14 at 58.85 is above the 50 midline and below the overbought threshold of 70. MACD at 2.07 is above the signal line at 1.48, and the histogram is positive at 0.59, consistent with upward momentum that is not yet stretched.
- Volatility
- Moderate. ATR14 at 3.16 (2.65% of price) reflects typical daily swings for COP. Bollinger Bands span 106.85 to 123.03, with price trading in the upper portion of the band after the recent advance.
- Volume
- Slightly above average. Latest volume of 6,554,100 is 104% of the 20-period average (6,315,160), showing modest participation behind the recent move.
Assessment
The daily chart is constructively bullish. Price holds above all major moving averages with a positive MACD histogram. The 15.0% gain over the last 20 sessions pushed price toward the upper Bollinger Band and close to the 20-day high at 122.38. The pullback on the latest completed session was modest. A close above 122.38 would open the path toward the 60-day high at 126.00, while a break below the daily SMA20 at 114.94 would signal a loss of short-term momentum.
Weekly (July 27, 2026 week)
- Trend
- Bullish. Price at 120.48 is above SMA20 (117.76), SMA50 (104.49), and SMA200 (102.09) in a bullish alignment. The 5-week return of +13.70% shows the advance has been strong. Price remains well above the long-term SMA200, which continues to slope upward.
- Momentum
- Neutral. RSI14 at 57.76 is above the 50 midline but below overbought. MACD at 2.25 sits below the signal line at 2.89, with a modestly negative histogram of -0.64, indicating the weekly advance is consolidating rather than accelerating.
- Volatility
- Moderate. ATR14 at 7.69 (6.39% of price) reflects typical weekly ranges for an energy producer.
- Volume
- Below average. Latest weekly volume of 33,257,600 is 85% of the 20-week average (38,940,220), suggesting the latest completed week traded with reduced participation.
Assessment
The weekly chart shows a bullish longer-term structure with price above all major moving averages. The modestly negative MACD histogram suggests momentum is pausing after the strong 13.7% five-week advance. Price trades near the middle of the weekly Bollinger range. Sustained closes above the weekly SMA20 at 117.76 would keep the structure intact, while the 20-week low at 102.69 marks the key downside reference.
Key indicators
COP Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 58.85 | 57.76 |
| MACD (12, 26, 9) | 2.07 / 1.48 / 0.59 | 2.25 / 2.89 / -0.64 |
| ATR (14) | 3.16 (2.65%) | 7.69 (6.39%) |
| Bollinger Bands (20, 2) | 106.85 - 123.03 | 103.20 - 132.32 |
| SMA (20) | 114.94 | 117.76 |
| SMA (50) | 113.55 | 104.49 |
| SMA (200) | 106.94 | 102.09 |
Price structure
COP Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 119.16 | 120.48 |
| 1-Period Return | -1.10% | +0.18% |
| 5-Period Return | +3.10% | +13.70% |
| 20-Period Return | +15.04% | -0.42% |
| 60-Period Return | +0.96% | +42.71% |
| 252-Period Return | +29.13% | +103.86% |
| 52-Week Low | 83.51 | 83.51 |
| 52-Week High | 134.87 | 134.87 |
| 52-Week Position | 69.42% | 71.99% |
Key levels
COP Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 122.38 | 134.87 |
| 20-Period Low | 104.55 | 102.69 |
| 60-Period High | 126.00 | 134.87 |
| 60-Period Low | 102.69 | 83.51 |
Scenarios
COP Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price closes above the 20-day high at 122.38 and then the 60-day high at 126.00 on rising volume, with the weekly MACD histogram turning positive.
Invalidation
Price breaks below the daily SMA20 at 114.94 and then the 20-day low at 104.55.
What to watch
Sustained close above 126.00; RSI holding above 55 on both timeframes; daily and weekly MACD histograms positive; volume above the 20-period average.
Range-Bound
Trigger
Price oscillates between support near 113.55 (daily SMA50) and resistance at 122.38 to 126.00 after the recent advance.
Invalidation
A decisive close beyond either boundary with expanding volume.
What to watch
RSI oscillating between 50 and 65; MACD histograms hovering near zero; Bollinger Bands flattening; volume moderating toward the average.
Bearish
Trigger
Price breaks below the daily SMA20 at 114.94 and then the 20-day low at 104.55, followed by a break of the daily SMA200 at 106.94.
Invalidation
Price reclaims the daily SMA20 at 114.94 and the weekly SMA20 at 117.76 and holds above them.
What to watch
Sustained closes below SMA20; daily RSI dropping below 50; weekly MACD histogram turning more negative; increasing downside volume.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 3, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 3, 2026, weekly July 27, 2026 week. Generated August 4, 2026.
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