ConocoPhillips's most recent trend suggests a bearish bias. One trading opportunity on ConocoPhillips is a Bear Call Spread using a strike $72.50 short call and a strike $77.50 long call offers a potential 9.89% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $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 rose above the $77.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for ConocoPhillips is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for ConocoPhillips is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for ConocoPhillips
COLUMN-Stigmatisation campaign aims to put coal beyond use: Kemp
Tue, 17 Dec 2013 12:14:46 GMT
Reuters – UK Focus – “There is no denying the controversial reality of coal,” Maria van der Hoeven, head of the International Energy Agency (IEA), wrote in its annual report on the coal industry, published on Monday. The report highlights all the contradictions associated with this most controversial of fossil fuels, and the sharp dilemma it poses for policymakers. Reserves are similar in scale to oil and natural gas. But oil and gas, coal resources are broadly distributed around the world, providing consumers with a measure of energy security.
Twitter Asks and We Answer: ConocoPhillips
Tue, 17 Dec 2013 01:02:33 GMT
Motley Fool – Today we answer a question from Twitter: Is ConocoPhillips a good investment going into 2014?
The Income Investing Chart You Have to See
Mon, 16 Dec 2013 18:28:10 GMT
Motley Fool – How to earn a 10%, 25%, even 50% dividend yield on your investment.
1 Company Doubling Down on the U.S. in 2014
Mon, 16 Dec 2013 17:39:57 GMT
Motley Fool – Much of the buzz around ConocoPhillips has been its shift toward more North American oil production, and its recent capital budget for 2014 gives further proof of that.
Why oil takeaway capacity in the Bakken can affect earnings
Mon, 16 Dec 2013 17:36:33 GMT
Market Realist – The availability of takeaway capacity from the Bakken can affect producers' earnings.
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