ConocoPhillips · sell signal, week 12
ConocoPhillips, week 12 of the decline: sellers ease their grip
ConocoPhillips · sell signal, week 12
In Summary
ConocoPhillips is in week 12 of a sell signal, and this week's decline was a modest 1.2%, well below the 7.9% drop of two weeks ago. Volume has rebalanced, with buyers nearly matching sellers, even as the underlying flow stays in distribution. The short position opened 11 weeks ago remains up 9.75%.
IQS Phase
70
in tension
Signal Strength
22
decline starting to make lower lows
Sizing
MINIMUM
Ranking
#60 / 137
US stocks
Trade P&L %
+9.75%
from signal to today
restricted Platinum content