ConocophillipsCOP
Auto-detected technical analysis for COP · data as of Sep 8, 2026. The chart above is live; the read below updates daily.
COP is currently forming a rising wedge on the daily timeframe. Detected Sep 8, 2026.
A rising wedge usually breaks lower, but COP is breaking higher out of it instead — a notably bullish turn. A breakout projects a measured-move target near $110.02 (+10.0%).
New to this pattern? What a rising wedge is and how to trade it →
COP's most recent completed rising wedge resolved as a win: it broke down on Sep 16, 2026 near $136.03, then reached its target at $126.65 on Sep 22, 2026 — a 6.9% move (+1.68R) over 4 sessions. Across 151,040 backtested rising wedges, this setup wins 37.9% of the time.
Every completed pattern trade our nightly backtest found on COP's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Rising wedge | Sep 16, 2026 @ $136.03 | Sep 22, 2026 @ $126.65 | Win | +6.9% · +1.68R |
| Triangle | Jun 15, 2026 @ $111.13 | Jul 23, 2026 @ $121.52 | Loss | +9.4% · -1.00R |
| Rising wedge | Jan 29, 2026 @ $104.30 | Feb 24, 2026 @ $110.24 | Win | +6.2% · +0.99R |
| Falling wedge | Dec 1, 2025 @ $91.00 | Dec 17, 2025 @ $91.93 | Win | +6.7% · +0.20R |
| Falling wedge | Nov 10, 2025 @ $87.77 | Dec 17, 2025 @ $91.93 | Win | +9.5% · +1.90R |
| Rising wedge | Oct 10, 2025 @ $89.87 | Jan 5, 2026 @ $101.20 | Loss | +7.0% · -1.16R |
| Triangle | Oct 10, 2025 @ $90.40 | Jan 5, 2026 @ $101.20 | Loss | +7.7% · -1.17R |
| Rising wedge | Sep 5, 2025 @ $93.26 | Sep 26, 2025 @ $99.65 | Loss | +5.0% · -1.00R |
| Triangle | Jul 28, 2025 @ $96.75 | Aug 4, 2025 @ $92.25 | Loss | +6.6% · -1.84R |
| Falling wedge | May 8, 2025 @ $89.36 | May 23, 2025 @ $85.04 | Loss | +22.9% · -1.74R |
| Falling wedge | Mar 3, 2025 @ $93.09 | Mar 4, 2025 @ $88.76 | Win | +4.7% · +0.48R |
| Triangle | Mar 3, 2025 @ $93.64 | Mar 19, 2025 @ $102.09 | Loss | +14.0% · -1.00R |
Historical examples from the published simulation. This selection is not a win-rate sample.
Price found a floor near $101.66 about 2 months ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $176.08 — still about 30% away.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Sep 8, 2026 | $136.15 | $137.53 | $134.14 | $135.04 |
| Sep 4, 2026 | $134.60 | $135.42 | $132.57 | $134.26 |
| Sep 3, 2026 | $136.39 | $137.42 | $135.44 | $135.72 |
| Sep 2, 2026 | $134.96 | $137.37 | $134.65 | $137.20 |
| Sep 1, 2026 | $135.00 | $136.30 | $133.64 | $136.19 |
| Aug 31, 2026 | $132.78 | $134.29 | $131.10 | $132.49 |
| Aug 28, 2026 | $129.95 | $130.84 | $129.37 | $130.35 |
| Aug 27, 2026 | $130.00 | $130.20 | $128.00 | $129.52 |
| Aug 26, 2026 | $130.09 | $132.72 | $130.08 | $130.61 |
| Aug 25, 2026 | $131.09 | $132.92 | $130.17 | $131.84 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.