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ConocoPhillips Stock Earns 81 RS Rating As Oil Price Rise

One important metric to look for in a stock is an 80 or higher Relative Strength Rating. ConocoPhillips stock now clears that threshold, with a jump from 78 to 81 Thursday.

ConocoPhillips (COP) is working on a cup without handle with a 63.67 entry. See if it can break out in heavy trade.

When you’re researching the best stocks to buy and watch, keep a close on eye on relative price strength.

IBD’s unique rating tracks share price action with a 1 (worst) to 99 (best) score. The grade shows how a stock’s price behavior over the last 52 weeks compares to all the other stocks in our database.

History shows that the best stocks typically have an RS Rating north of 80 as they launch their biggest runs.


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Taking a look at revenue and profit performance, ConocoPhillips has posted rising EPS growth over the last four quarters. Revenue gains have also moved higher over the same time frame.

ConocoPhillips stock holds the No. 6 rank among its peers in the Oil & Gas-International Exploration & Production industry group. Murphy Oil (MUR) is also among the group’s highest-rated stocks.

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