Is COP Worth Buying in 2026?

ConocoPhillips

STOCK PETROLEUM REFINING Updated 2026-07-26

Here’s whether ConocoPhillips (COP) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Neutral.

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Neutral

Positives: trading above the 200-day MA (long-term uptrend intact); above the 50-day MA (medium-term momentum positive); strong 1-year return of +25.8%. Concerns: 50-day MA is falling (-0.88% over 10 days); RSI 84 — overbought, elevated pullback risk; declining volume on rally — weak conviction (0.77x 30d avg). Currently 11.5% off its 52-week high. Score: +1/7.

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COP is in a confirmed uptrend, trading above both its 50-day ($114.04) and 200-day ($107.09) moving averages. With an RSI of 83.5, momentum has stretched into overbought territory — short-term pullbacks are common from these levels. The 1-year return of +25.8% compares to +16.5% for SPY (beat the market by 9.3%).

$10,000 invested 1 year ago → $12,577 today
vs. S&P 500 (SPY) — same period beat market by 9.3%

1-Year Price Chart

Daily candles
MA-50 MA-200 Up Down

Signal Check

Above 200-day MA ($107.09)
Above 50-day MA ($114.04)
!RSI(14) neutral zone (30–70) — currently 83.5
Positive return (+25.8%)
!Within 10% of period high (−11.5%)
Period Range $120.26
$85.57 $135.87
RSI (14) 83.5
0 · OversoldOverbought · 100

Key Metrics

Price$120.26
Period Return+25.8%
Period High$135.87
Period Low$85.57
Drawdown−11.5%
MA-50$114.04
MA-200$107.09
RSI (14)83.5
Avg Volume (30d)7.5M
vs. SPYbeat by 9.3%
Return Rank#321 of 999

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