Conocophillips (COP) Chart Patterns, Support & Resistance & Technical Analysis
Auto-detected technical analysis for COP · data as of Jun 25, 2026. The chart above is live; the read below updates daily.
$106.41last close · Jun 25, 2026
COP Rising Wedge Pattern
No chart pattern is currently detected on COP. The most recent was a Rising Wedge, detected Sep 2, 2025.
A Rising Wedge is a breakdown that suggests the recent run may be rolling over. It projects a measured-move target near $89.28 (−7.2%). Across 14,154 backtested rising wedges, the setup followed through 49.3% of the time, averaging +0.13R; COP's own rising wedges have hit 54.8%.
COP's most recent completed Rising Wedge resolved as a win: it broke down on Sep 3, 2025 near $94.65, then reached its target at $89.28 on Oct 10, 2025 — a +1.07R move (5.7%) over 27 sessions. Across 158 backtested rising wedges, this setup wins 53.2% of the time.
OutcomeWinResult+1.07REntry$94.65Exit$89.28
How Rising Wedges have performed
Win rate
49.3%
Avg return
+0.13R
Backtested trades
14,154
COP win rate
54.8%
Historical pattern statistics (1986-12-18 – 2026-06-11), not a prediction.
COP support and resistance levels
The weekly read is leaning higher. Price eased down into a floor near $106.99 about a week ago, and the rules still favor a move higher from here.
What started it: Price only had to touch that floor at some point during the week — it didn't need to close there.
What would call it off: Two weekly closes back below $106.35 — a touch below the $106.99 floor, the room the read is given before it's wrong.
Where it has room to go: There's room toward its measured target — the first price above where the move is likely to pause.
So far price hasn't moved that way yet — it's still close to where the read began.
Nearest auto-detected support sits near $86.18, resistance near $107.08. These are chart/swing-derived levels, not formula pivots.
Resistance
$107.08$116.92$134.62$197.15$215.37$222.31
Support
$86.18$85.56
COP recent daily prices
Date
Open
High
Low
Close
Jun 25, 2026
$105.31
$107.21
$105.23
$106.41
Jun 24, 2026
$107.51
$108.03
$106.25
$106.92
Jun 23, 2026
$109.48
$110.57
$108.85
$109.97
Jun 22, 2026
$109.53
$109.81
$108.12
$109.70
Jun 18, 2026
$109.81
$109.88
$106.99
$107.74
Jun 17, 2026
$110.83
$111.89
$109.96
$111.21
Jun 16, 2026
$109.85
$111.36
$109.48
$111.34
Jun 15, 2026
$111.13
$113.63
$110.73
$112.26
Jun 12, 2026
$114.25
$118.51
$113.80
$116.98
Jun 11, 2026
$120.98
$121.52
$115.32
$115.36
COP frequently asked questions
What chart pattern is COP forming right now?
No pattern is currently detected on COP. The most recent was a Rising Wedge, detected Sep 2, 2025.
Is a Rising Wedge bullish or bearish?
The Rising Wedge detected on COP is a bearish pattern, projecting a measured-move target of $89.28. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Rising Wedge pattern, and what is its win rate?
Across TradingPal's backtest of the Rising Wedge family (14,154 trades over 516 symbols), it resolved in the expected direction 49.3% of the time with an average of +0.13R. These are historical statistics, not a prediction.
What are the support and resistance levels for COP?
Based on auto-detected, swing-derived levels (as of Jun 25, 2026), COP's nearest support is around $86.18 and nearest resistance around $107.08.
What is the price target if COP's pattern breaks out?
The detected Rising Wedge has a geometry-based measured-move target of $89.28 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was COP's closing price on Jun 25, 2026?
Conocophillips (COP) last closed at $106.41 on Jun 25, 2026. For the live quote, see the chart above or a real-time quote provider.
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.
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