Sell signal · week 10
ConocoPhillips: ongoing decline but a double bottom raises caution
Sell signal · week 10
In Summary
ConocoPhillips is at week 10 of a sell signal, with the trade up nearly 9% from entry. The latest week closed with a slight decline and sellers firmly in control, but a double bottom pattern has formed in the 106 area on the daily chart with a 6% intermediate rebound — a caution signal for those holding a short position.
IQS Phase
68
in tension
Signal Strength
45
shallow weekly drop
Sizing
REDUCED
Ranking
#68 / 131
US stocks
Trade P&L %
+8.69%
from signal to today
restricted Platinum content