US stock / ETF

ConocoPhillips

COP · NYSE · USD

4 hoursRange49%
4h Range probability 98%Range

COP 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: price is below EMA21, short trend is weak

Confirmation Trigger

Break either side of $127.92 - $135.87 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 48.1, MACD -0.272

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.4 (1.08%)

4h

EMA Structure

Range
EMA 8$130.31Bullish
EMA 21$130.8Bearish
EMA 50$129.29Bullish

Signals

CategoryReadStrength
Momentum
RSI 48.1 · MACD -0.272

Neutral zone

Strength
Bearish
Volatility
ATR $1.4 · BB 4.53%

Low volatility

Strength
Bullish
Volume
MFI 66.6 · OBV 27.00%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$127.92 - $135.87

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+5.31% · 4.9 ATR above latest close

$137.27
Nearest resistance

+4.23% · 3.9 ATR above · 34-bar high

$135.87
Current price

Price shown is delayed

$130.35
Nearest support

-1.87% · 1.7 ATR below · 34-bar low

$127.92
Deeper support zone

-2.94% · 2.7 ATR below latest close

$126.51
ATR zone

Latest close ± ATR14

$128.95 - $131.75

Indicators

Trend

Dow Theory Structure

Confirmation $132.72, invalidation $129

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

45.6 / 10.7 / 25.4Bearish
Supertrend (10,3)

Price is above Supertrend

$126.38Bullish
Ichimoku Cloud

Cloud Span A / Span B

$130.69 / $130Bearish
Donchian Channel (20)

20-period breakout channel position

32%Bearish

Volatility

ATR (14)

Low volatility

$1.4 (1.08%)Bullish
Bollinger Bands (20,2)

Width 4.53%

35%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$133.44 / $128.15Bullish
ATR channel lower / upper

Current Volatility Envelope

$128.95 / $131.75Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$135.87Range
Support

Nearest Downside Decision Level

$127.92Range

Momentum

RSI (14)

Neutral zone

48.1Range
MACD (12,26,9)

Histogram is negative

-0.272Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

48.1 / 46.6Bullish
Williams %R (14)

Neutral zone

-51.9Range
CCI (20)

Balanced zone

-48.0Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

66.6Bullish
OBV slope

20-period OBV slope

27.00%Bullish
Volume ratio

Relative to 20-period average volume

1.84xBullish

Trend

Dow Theory Structure

Confirmation $132.72, invalidation $129

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

45.6 / 10.7 / 25.4Bearish
Supertrend (10,3)

Price is above Supertrend

$126.38Bullish
Ichimoku Cloud

Cloud Span A / Span B

$130.69 / $130Bearish
Donchian Channel (20)

20-period breakout channel position

32%Bearish

Momentum

RSI (14)

Neutral zone

48.1Range
MACD (12,26,9)

Histogram is negative

-0.272Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

48.1 / 46.6Bullish
Williams %R (14)

Neutral zone

-51.9Range
CCI (20)

Balanced zone

-48.0Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$1.4 (1.08%)Bullish
Bollinger Bands (20,2)

Width 4.53%

35%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$133.44 / $128.15Bullish
ATR channel lower / upper

Current Volatility Envelope

$128.95 / $131.75Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

66.6Bullish
OBV slope

20-period OBV slope

27.00%Bullish
Volume ratio

Relative to 20-period average volume

1.84xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$135.87Range
Support

Nearest Downside Decision Level

$127.92Range

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