
Technical analysis of ConocoPhillips (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
ConocoPhillips is an energy company that explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids. The company operates across five geographic segments (Alaska, Lower 48, Canada, Europe, Middle East and North Africa, and Asia Pacific) and maintains a portfolio including conventional and unconventional assets in North America, Europe, Asia, and Australia, global LNG developments, oil sands assets in Canada, and exploration prospects worldwide. Founded in 1917, ConocoPhillips is headquartered in Houston, Texas.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for September 4, 2026, computed on the last 12 months of prices.
21 sessions
129.97 $
+3.30%
50 sessions
119.64 $
+12.22%
200 sessions
111.36 $
+20.57%
s2
134.21
Support
s1
134.97
Support
pivot
136.19
Pivot
r1
136.95
Resistance
r2
138.17
Resistance
In the September 4, 2026 session ConocoPhillips closed lower at 134.26 $, −1.08% versus the previous session.
The price sits above every moving average observed: +3.30% against the 21-session average, +12.22% against the 50 and +20.57% against the 200.
The 14-period RSI reads 63.2, in neutral territory.
MACD stands at 4.322 against a signal line at 4.358: the histogram is negative (−0.036).
ADX reads 29.0, indicating a marked directionality.
Levels computed on the latest session place supports at 134.97 and 134.21 $ and resistances at 136.95 and 138.17 $, around a pivot of 136.19.
The average daily range (ATR) is 3.022 $, or 2.25% of price.
Turnover was 5.5M shares, 92% of the 20-session average.
Over the last twelve months the price ranged between 102.02 and 137.42 $, and today stands −2.30% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is ConocoPhillips analysed technically?
Technical analysis of ConocoPhillips is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for ConocoPhillips?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to ConocoPhillips?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to ConocoPhillips it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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