ConocoPhillips Technical Analysis

ConocoPhillips -- USA Stock  

USD 50.01  0.07  0.14%

ConocoPhillips shows Risk Adjusted Performance of 0.0023 and Mean Deviation of 0.8994. ConocoPhillips technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm future prices. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for ConocoPhillips which can be compared to its rivals. Please confirm ConocoPhillips Coefficient Of Variation, Treynor Ratio as well as the relationship between Treynor Ratio and Semi Variance to decide if ConocoPhillips is priced correctly providing market reflects its regular price of 50.01 per share. Given that ConocoPhillips has Jensen Alpha of (0.098399), we suggest you validate ConocoPhillips prevailing market performance to make sure the company can sustain itself at future point.
Investment Horizon     30 Days    Login   to change

ConocoPhillips Trend Analysis

Use this graph to draw trend lines for ConocoPhillips. You can use it to identify possible trend reversals for ConocoPhillips as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual ConocoPhillips price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

ConocoPhillips Best Fit Change Line

The following chart estimates an ordinary least squares regression model for ConocoPhillips applied against its price change over selected period. The best fit line has a slop of 0.2 % which may imply that the returns on investment in ConocoPhillips will continue to fail. It has 34 observation points and a regression sum of squares at 31.85, which is the sum of squared deviations for the predicted ConocoPhillips price change compared to its average price change.

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ConocoPhillips is rated below average in mean deviation category among related companies. It is rated below average in standard deviation category among related companies creating about  1.4  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for ConocoPhillips is roughly  1.4