Uptrend Under Pressure 100
Institutional selling is building — 7 distribution days in the last 25 sessions. Severe risk · 100/100 · 7 distribution days (SPY) Oct 26 Full briefing →
View
Simple research view

COP · ConocoPhillips

$151.37 +0.38% Oct 26 close
Detected setup Cup & Handle · Setup Score 90/100

Stand aside — setup invalidated

Setup score 90, but distribution days reach 5 or more — stand aside until the condition resets.

1 independent risk warning also present. Review before relying on the bullish setup.

Ask about COP

Switch to Advanced for indicator panels, raw grades, provenance, drawing tools, and full technical tables.

$COP

ConocoPhillips

ConocoPhillips is a large-cap Oil & Gas Production company in the Energy Minerals sector with a market cap of $182B.

Energy Minerals Oil & Gas Production stock Stage 2 · Advancing Base 2
$151.37 latest close
Market Structure
Trend structure: downtrend
Latest event: bos (bearish)
Support 112.21–113.21 · 4 touches · moderate
Support 125.58–126.44 · 3 touches · moderate
Support 122.38–122.95 · 3 touches · moderate
Support 120.22–120.83 · 3 touches · moderate
Join to Watchlist $COP Share card
Verdict · setup score 90/100 · data Oct 26 close · latest session

Stand aside — setup invalidated

Setup score 90, but distribution days reach 5 or more — stand aside until the condition resets.

Review six verdicts Inspect chart
Recent price action · daily
$120$140AugSepOct$151

What would change this verdict

What needs to turn for this to become buyable — the top failing checks across the legend council:

  • Minervini 2. ROE ≥ 17% — ROE 14.3%
  • Minervini 2. Revenue growth ≥ 20% YoY — +7.7% YoY
  • O'Neil A: Annual earnings & revenue quality — Rev +7.7% | ROE 14.3%
  • O'Neil M: Market in confirmed uptrend — Market phase: uptrend_under_pressure
  • Weinstein Volume expansion above average — Volume ratio 0.81x
  • Weinstein Weekly price coiling (Stage 2 consolidation) — Tightening weekly range confirms base
Minority view — the council disagrees here
  • Minervini: watch Trend-template read: 10/12 pass; wait for the soft misses to improve.
  • O'Neil: watch CANSLIM read: 4/8 pass; improvement is still needed.
  • Weinstein: watch Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.
74 Strong
Legend Score · rates the stock Strong (74/100) — held back by eps growth

Our proprietary 0-100 rating — the answer to Wall Street's black-box scores. Five pillars, each computed from real scan data, each explained below in plain English.

  • Relative Strength (25%) 93
  • Trend Template (25%) 100
  • Institutional Footprint (20%) 74
  • EPS Growth (15%) 31
  • Quality (SMR-like) (15%) 44

RS rank 92: top 8% of all stocks — true leadership. Trend template 8/8: price above rising 50/150/200-day lines — textbook uptrend structure. Institutional score 74: mild accumulation. EPS up +1% — growing, but below the 25% leadership bar. Quality 44: weak fundamentals (sales growth 30, return on equity 41, leverage 100). Updated 2026-10-27.

Earnings

Pre-earnings setup

Next earnings Wednesday, November 4, 2026 Before market open Exact clock time not supplied by source

Deterministic evidence

COP+0.38%
Sector proxy · XLE+0.45%
Broad market · SPY+0.71%
Same completed session window ending 2026-10-26. COP was -0.07 points vs XLE. -0.33 points vs SPY.
CatalystPending Stock reactionPositive Sector reactionWeak Opening surgePending Event riskEarnings-driven

Session internals Strong momentum

Rule: closed up, at or above the open, in the top third of the day's range. Judged on internals, not on the size of the move.

Vs prior close+0.38% From the open+1.43% Range position77% GapNo gap
QQQ confirmationConfirming (+1.11%) SMH confirmationConfirming (+2.74%)
Short-term conviction -1 points.
  • A sourced earnings report is still pending inside the risk window; ordinary technical conviction is reduced until it is out.
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.

Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.

Price $151.37 +0.4% Oct 26 close
52W High $152.77 0.9% below high
Wks Since High 0w
Base Depth 4.4%
RS Rank 82 percentile of scan
SMA 50 $134.56
Avg Vol 6,488,987
Rel Vol (Oct 26) 0.81× 2.40× on up days
More stats
52W Low $85.57
Tight Wks 0
Base B2
SMA 200 $120.25
RS Line vs High -6.3%
RS Line Slope +20.5% ▲
Group Rank #15/66
ADR% 2.2%
ATR(14) $3.66 (2.4%)
Vol Pace (live) N/A
A/D Days 13A / 15D
A/D Rating D
VDU Bars 0/10 d
Power Trend 15d
Earnings in 8d
Position in 52-week range 98thpercentile of the 52-week range
$85.57low
$152.77high

COP Chart

Interactive price, volume, RS, RSI, and MACD charts are available after sign in.

Create a free account to load the full interactive chart for COP.

Create Free Account

Technical Analysis Report Card

$COP · $151.37 · as of 2026-10-26 · multi-factor read
100
/ 100
Technicals 100/100
Reference read from price & volume only — the verdict at the top of the page decides the action.

Trend · Daily / Weekly / Monthly

Daily ▲ Uptrend
Weekly ▲ Uptrend
Monthly ▲ Uptrend

Moving Averages

50-day$134.56 ↑
100-day$124.47 ↑
200-day$120.25 ↑
Bullish (50 > 200)

RSI (14)

Reading77.3 · Overbought

Overbought — buyers extended; watch for a pause or pullback.

MACD (12/26/9)

StateBullish
Histogram+1.364

Bullish — MACD above its signal line and above zero. Histogram contracting.

Bollinger Bands (20,2)

%B / Width88% · 26.0%

Near the upper band — buyers in control.

Volume · Buyer vs Seller

Up/Down vol2.4 · Accumulation
Rel volume0.81×
Pocket pivots · 10d0
5d vs 50d vol91%
Heavy vol up / down0 / 0

Accumulation — volume is concentrated on up days; buyers dominate. Recent volume is easing versus its baseline.

Support & Resistance

R · $152.7752-week high
Price · $151.37now
S · $128.00swing level
S · $123.46swing level
S · $114.71swing level

Fibonacci · Uptrend swing

23.6%$140.95
38.2%$133.64
50.0%$127.73
61.8%$121.82
78.6%$113.41

Retracement support zones measured from the recent swing low up to the high.

The verdict is free. The trade plan is Pro.
Unlock the exact entry, stop-loss, profit target, and reward-to-risk for COP — plus the full 500+ symbol scanner and Ask-the-Legends chat.
Start your 7-day free trial →
Daily uptrendWeekly uptrendMonthly uptrendAbove 200-day MA50/200 bullishRSI overbought
Want this read in a legend's voice? Ask a Legend about COP
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts 6 methodology checks

Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
How to read the numbers: the setup score (90/100, in the verdict band) rates this trade setup. Each legend's A–D grade rates the same setup against that legend's own checklist — so a high score next to a C grade is not a contradiction. The setup can be strong without fitting that legend's style. When the council disagrees, the verdict band breaks the tie.

Council consensus: 9 of 9 legends are Watching — building, not yet a confirmed buy.
Minervini Watch B Trend-template read: 10/12 pass; wait for the soft misses to improve.

mediumEnter on break of $146.85 pivot with stop at $142.09 (risk 3.2%). SEPA Grade B (5/7).

Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $151.37, MA150 $123.81, MA200 $120.25
1.2 150-day MA > 200-day MAMA150 $123.81 vs MA200 $120.25
Failing evidence
2. ROE ≥ 17%ROE 14.3%
2. Revenue growth ≥ 20% YoY+7.7% YoY
10/12 checks
Method → Playbook → Ask →
O'Neil Watch D CANSLIM read: 4/8 pass; improvement is still needed.

mediumCup & Handle still forming in a top industry group — ideal buy point at $146.85 on big volume. CANSLIM 80.

Passing evidence
C: Quarterly EPS acceleration ≥ 25%+71.4% QoQ
L: RS rank ≥ 80 (IBD leadership)RS rank 92
Failing evidence
A: Annual earnings & revenue qualityRev +7.7% | ROE 14.3%
M: Market in confirmed uptrendMarket phase: uptrend_under_pressure
4/8 checks
Method → Playbook → Ask →
Weinstein Watch C Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.

mediumClassic Stage 2 advancing phase — strong weekly trend confirms uptrend. This is Weinstein's sweet spot: buy and hold while price remains above the 30-week MA.

Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $151.37 vs MA200 $120.25
Failing evidence
Volume expansion above averageVolume ratio 0.81x
Weekly price coiling (Stage 2 consolidation)Tightening weekly range confirms base
5/7 checks
Method → Playbook → Ask →
dennis Watch C Turtle read: no breakout yet. Price is pressing the 20-day high. The system waits for the print; it never anticipates.
Passing evidence
No breakdown below the 20-day channel20-day low $123.46
Volatility-unit sizing (1N ≈ 1% of equity)1N = $3.47 (2.29% of price); the Turtles size 1 unit so a 1N move ≈ 1% of equity, making the 2N stop ≈ 2% equity risk
Failing evidence
S1: 20-day Donchian breakoutNot confirmed
S2: 55-day Donchian breakoutNot confirmed
5/7 checks
Method → Playbook → Ask →
zanger Watch B Zanger read: the structure is fine but the breakout quality is not there yet — wait for 150%+ volume on the break.

partialZanger would buy the Cup & Handle breakout only with 150-200% volume, never more than 5% above the breakout point, with a 2-3% stop set at entry. His edge over O'Neil is the exit plan: sell 20-30% of the position at +15-20%, then trail the rest on the 10/20-day moving average.

Passing evidence
Named Zanger pattern onlyCup & Handle
Not extended (≤5% above the breakout point)Measured as passing
Failing evidence
Breakout volume 1.5-2.0x averageData unavailable
5/6 checks
Method → Playbook → Ask →
zweig Watch B Zweig read: part of his screen passes but not all: Insider buying — wait for the full growth screen before treating this as a Zweig setup.
Passing evidence
EPS growth above the market (≥15% QoQ)+71.4% QoQ — Zweig wants growth above the S&P average
Reasonable price for the growth (P/E ≤ 35)Trailing P/E 23.8x — no PEG or forward P/E stored
Failing evidence
Insider buyingNo insider buying flagged
Monetary conditions: don't fight the FedFed series stored but too thin to read direction
5/8 checks
Method → Playbook → Ask →
Livermore Watch B Pivotal-point read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$151.37
Relative strengthRS 92
Failing evidence
Volume vs average0.81x
Pivotal point cleared on expanding volumeNot confirmed
4/6 checks
Method → Playbook → Ask →
Darvas Watch B Box-theory read: constructive evidence is present, but volume vs average is unresolved.

mediumStock is at the top of its box — Darvas would wait for a decisive breakout on volume.

Passing evidence
Price$151.37
Relative strengthRS 92
Failing evidence
Volume vs average0.81x
Box top broken on heavy volumeNot confirmed
4/6 checks
Method → Playbook → Ask →
Wyckoff Watch B Supply-and-demand read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$151.37
Relative strengthRS 92
Failing evidence
Volume vs average0.81x
Sign of Strength confirmed on expanding volume0.81x average volume — needs ≥1.4x
4/6 checks
Method → Playbook → Ask →
Base & Breakout
Breakout follow-through

No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?

Unlock Base & Breakout Tracking
RS Line vs SPY 52-week relative strength · blue = RS line · dashed = MA50 · dot = NH ▲ Rising
153RS Line (52W)
Accumulation / Distribution last 65 sessions · green = acc on high vol · red = dist on high vol Net +2 D
A: 17 D: 15 Net: +265 sessions
Minervini · Grade Card
Fundamentals & leadership quality — Minervini’s published criteria · 5/7 met
B 5/7 criteria
Separate score from the Minervini Trend Template (8/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
✓ EPS acceleration ≥25% QoQ +71%
✗ Revenue growth ≥20% YoY +8%
✓ Gross margin ≥30% 46%
✗ ROE ≥17% 14%
✓ RS rating ≥80 (leadership) 92
✓ Stage 2 uptrend (Weinstein) Stage 2
✓ Within 25% of 52W high -0.9%

Method Playbook

Trade it like Wyckoff EXACT LEVELS · PRO
Wyckoff B · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro level
Published-method rule: Use the Spring/test, Sign of Strength, creek, or Last Point of Support boundary identified by the active structure.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Require a completed test or Sign of Strength/Last Point of Support confirmation with improving demand versus supply.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Start below the Spring/test low or structural support whose failure would invalidate the accumulation read.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: Raise protection beneath successive Last Points of Support or meaningful higher lows during markup; never loosen it.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Exit on a failed Sign of Strength, support loss, or clear supply-dominant reversal such as an upthrust failure.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →

Pattern Analysis

Cup & Handle ⚠ 3rd-stage base
90 setup score
RS Score 92
Trend template 8/8 ✓
CANSLIM 80.2* (B)
23.7% cup depth 2.7% handle 2 sessions since breakout
  • Cup 23.7% deep from a $134.50 left rim to a $102.69 low
  • Rims 9.0% apart (ideal, within 10%)
  • Handle pulled back 2.7% over 1 bar from $146.70 to $142.80
  • Handle sits in the upper half of the cup
  • Rounded U-shaped bottom
  • Pivot $146.70 fixed at the handle high
  • Breakout: 2 bars since the first close above the pivot
  • Volume dried up in the handle
Raw detector evidence · confidence is a heuristic match score, not a probability depth=23.7%, handle_pb=2.7%, lips_diff=9.0%, upper_half=yes, u_shape=yes, near_pivot=yes, orderly=yes | Strong trend (8/8) | Top RS (92) | High-confidence pattern (89%) | Accumulation (2.4× up/dn vol) | Power Trend | Stage 2 | Readiness 67/100 (watch) | CANSLIM 80.2 (B) | ⚠ 3rd-stage base setup_key=cup_handle|2026-07-01|2026-10-16|146.70 · cup_handle/2026-10-03 anchors={"bottom": {"bar": 68, "bars_ago": 81, "date": "2026-07-01", "price": 102.69}, "breakout": {"bar": 148, "bars_ago": 1, "date": "2026-10-23", "price": 150.8}, "handle_high": {"bar": 144, "bars_ago": 5, "date": "2026-10-19", "price": 146.7}, "handle_low": {"bar": 145, "bars_ago": 4, "date": "2026-10-20", "price": 142.8}, "left_lip": {"bar": 7, "bars_ago": 142, "date": "2026-04-02", "price": 134.502}, "right_lip": {"bar": 143, "bars_ago": 6, "date": "2026-10-16", "price": 146.59}}
Why This Setup? D+W Confluence
cup handle Cup & Handle · schematic

depth=23.7%, handle_pb=2.7%, lips_diff=9.0%, upper_half=yes, u_shape=yes, near_pivot=yes, orderly=yes | Strong trend (8/8) | Top RS (92) | High-confidence pattern (89%) | Accumulation (2.4× up/dn vol) | Power Trend | Stage 2 | Readiness 67/100 (watch) | CANSLIM 80.2 (B) | ⚠ 3rd-stage base

Ask a Legend ▾
The Universal Edge Check · context only

What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.

5/7 universals met
  • Clear of earnings — partly met in 8 days — size down
  • Volume confirms — partly met 0.8× average — light
  • A relative-strength leader — met RS rank 82
  • Asymmetric reward — met Met — levels are a Pro detail
  • In a confirmed uptrend — met Stage 2 · Trend template 8/8
  • Not chasing (in range) — met Met — levels are a Pro detail
  • Risk is defined — met Met — levels are a Pro detail
Why these seven? → The Universal Edge

Minervini Trend Template

8/8 ✓

Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.

Price above SMA 150 & 200 $151.37 vs SMA150 $123.81 / SMA200 $120.25
SMA 150 above SMA 200 SMA150 $123.81 vs SMA200 $120.25
SMA 200 trending up Slope +4.33 over 20 days
SMA 50 above SMA 150 & 200 SMA50 $134.56
Price above SMA 50 $151.37 vs SMA50 $134.56
30%+ above 52-week low +76.9% from $85.57
Within 25% of 52-week high -0.9% from $152.77
RS score above 70 RS 92

Fundamentals

52W Range
98%
Mkt Cap SEC
181.8B
EPS QoQ
+71%
Rev YoY
+8%
ROE
14%
Gross Margin
46%
D/E
0.36
EPS TTM
$6.35
P/E TTM
23.8x
Float
1.2B
Insider
No Buy

Company

Company profile
ConocoPhillips
COP · NYSE · Energy Minerals · Oil & Gas Production
Track all markets on TradingView
O'Neil · Grade Card
CANSLIM — current EPS, annual EPS, new highs, supply, leader RS, inst. sponsorship, market
B 80.2* CANSLIM * disqualified on M
C · Curr. EPS
100
A · Annual EPS
70
N · New Highs
100
S · Supply/Demand
80
L · Leader RS
92
I · Inst. Spons.
96
M · Market
30

Weekly Context

Multi-timeframe signals from weekly bars
W. Trend
8/8
W. RS
97
W. Support
$102.69
W. Resist
$152.77
W. Patterns
Cup & Handle
Weekly Structure

Scan History

20× streak
Oct 23: 94 (Cup & Handle)Oct 26: 55 (Cup & Handle)Oct 27: 90 (Cup & Handle)Oct 27: 92 (Cup & Handle)92
Oct 27
Cup & Handle ✓ Gate
92
Oct 27
Cup & Handle ✓ Gate
90
Oct 26
Cup & Handle ✓ Gate
55 0.0%
Oct 23
Cup & Handle ✓ Gate
94 +0.4%

Latest News

Headlines for COP
Loading headlines…

Get the full picture on COP

Pro members see entry/stop/target levels, R:R ratios, intraday alerts, and every setup detected across 500+ symbols daily.

Start 7-Day Free Trial