Large Inflow of Money Witnessed in ConocoPhillips

ConocoPhillips (COP) : Thursdays money flow indicated an uptick to downtick ratio was at 1.51. The total value of inflow transactions on upticks was $74.76 million, whereas, the total value of outflow trades on downticks was $49.5 million. The total money flow was $25.26 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $20.51 million. The total value of the trades done on upticks was $21.06 million. Downticks saw transactions worth $0.55 million. The total uptick to downtick ratio stood at 37.96, mildly in favor of the bulls. ConocoPhillips (COP) was trading with a -0.93% change over previous days close. It fell $0.39 during the day and reached $41.51. The stock was -4.6% compared to the previous weeks close.


ConocoPhillips (COP) : Currently there are 11 street experts covering ConocoPhillips (COP) stock. The most bullish and bearish price target for the stock is $71 and $37 respectively for the short term. The average price target of all the analysts comes to $50.55. The estimated standard deviation from the target is $9.53. The stock has recorded a 20-day Moving Average of 5.38% and the 50-Day Moving Average is 6.08%.

ConocoPhillips (NYSE:COP): The stock opened at $42.30 on Thursday but the bulls could not build on the opening and the stock topped out at $42.79 for the day. The stock traded down to $41.19 during the day, due to lack of any buying support eventually closed down at $41.51 with a loss of -0.93% for the day. The stock had closed at $41.90 on the previous day. The total traded volume was 8,827,922 shares.

ConocoPhillips (ConocoPhillips) is an independent exploration and production company. The Company explores for, produces, transports and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG) and natural gas liquids. The Company operates through six operating segments, which are primarily defined by geographic region: Alaska, Lower 48, Canada, Europe, Asia Pacific and Middle East, and Other International. The Companys continuing operations are producing in the United States, Norway, the United Kingdom, Canada, Australia, Timor-Leste, Indonesia, China, Malaysia, Qatar, Libya and Russia. The Company has major ownership interests in two of North Americas oil fields located on Alaskas North Slope: Prudhoe Bay and Kuparuk.

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