ConocoPhillips's most recent trend suggests a bullish bias. One trading opportunity on ConocoPhillips is a Bull Put Spread using a strike $70.00 short put and a strike $65.00 long put offers a potential 5.26% 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 $70.00 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock dropped below the $65.00 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 72.04 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for ConocoPhillips
Why Energy Deal-Making Activity Is Starting to Pick up Again
Wed, 23 Oct 2013 11:22:15 GMT
Motley Fool – After sluggish growth during the first half of the year, global upstream M&A activity is rebounding in the third quarter.
Statoil Dominance of Norway Licenses Monitored by New Government
Wed, 23 Oct 2013 10:46:59 GMT
Bloomberg – Statoil ASA’s share of Norwegian oil and gas licenses will be monitored by the new Conservative-led government after the party vowed to expand industry competition.
CEO spouses travel on company dime in little-known perk
Tue, 22 Oct 2013 22:45:56 GMT
USA TODAY – Little-known perk is on top of seven-figure pay packages, cars, country club memberships.
Meeting the Energy Needs of a “Turned on World”
Tue, 22 Oct 2013 11:00:00 GMT
PR Newswire – ConocoPhillips Canada Welcomes the Brightest Young Minds in Energy to the Calgary World Petroleum Council Youth Forum CALGARY, Oct. 22, 2013 /CNW/ – Fueling the future is a challenge not for the faint …
Meeting the Energy Needs of a “Turned on World”
Tue, 22 Oct 2013 11:00:00 GMT
CNW Group – Meeting the Energy Needs of a “Turned on World”
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