ConocoPhillips's most recent trend suggests a bullish bias. One trading opportunity on ConocoPhillips is a Bull Put Spread using a strike $72.50 short put and a strike $67.50 long put offers a potential 9.89% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $72.50 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock dropped below the $67.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for ConocoPhillips is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for ConocoPhillips is bullish.
The RSI indicator is at 66.67 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for ConocoPhillips
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Wed, 23 Apr 2014 00:32:37 GMT
How ConocoPhillips Can Blow Past Its 52-Week High
Tue, 22 Apr 2014 17:49:00 GMT
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Tue, 22 Apr 2014 17:47:40 GMT
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Tue, 22 Apr 2014 17:32:27 GMT
ConocoPhillips Repositioning Its Portfolio
Tue, 22 Apr 2014 17:16:03 GMT
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