The best indicator for ConocoPhillips (COP)
We backtested 382 indicators across daily, weekly and hourly charts on real ConocoPhillips (COP) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Camarilla Pivots
On the weekly chart, this is the strongest risk-adjusted edge we found for ConocoPhillips (COP) over ~44.6 years — trailing buy-and-hold by 1.0% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for ConocoPhillips (COP) — trailing buy-and-hold by 3.6% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | Camarilla Pivots ✓ | Weekly | 10.4% | 0.6 | -58.2% | 52.8% | 485 | -1.0% |
| 2 | Fibonacci Pivots ✓ | Weekly | 9.7% | 0.57 | -62.4% | 56.9% | 369 | -1.7% |
| 3 | Pivot Points (Standard) ✓ | Weekly | 8.9% | 0.55 | -61.4% | 57.1% | 345 | -2.4% |
| 4 | Intraday Momentum Index ✓ | Daily | 10.2% | 0.53 | -66.7% | 75.6% | 127 | -1.2% |
| 5 | Stochastic ✓ | Weekly | 8.3% | 0.51 | -56.7% | 90.5% | 42 | -3.1% |
| 6 | QQE ✓ | Weekly | 10.6% | 0.49 | -64.0% | 50.8% | 120 | -0.8% |
| 7 | Detrended Price Osc. ✓ | Weekly | 8.6% | 0.48 | -60.9% | 57.5% | 294 | -2.7% |
| 8 | Laguerre RSI ✓ | Daily | 6.7% | 0.47 | -40.9% | 63.4% | 350 | -4.7% |
| 9 | Trend Intensity Index ✓ | Daily | 8.5% | 0.47 | -38.9% | 61.3% | 75 | -2.9% |
| 10 | McGinley 200 Trend ✓ | Daily | 10.4% | 0.47 | -70.7% | 31.8% | 22 | -1.0% |
| 11 | EMA 20/50 Cross ✓ | Weekly | 8.9% | 0.47 | -45.2% | 62.5% | 16 | -2.4% |
| 12 | WaveTrend (8/6/4) ✓ | Daily | 8.3% | 0.46 | -69.1% | 73.0% | 174 | -3.1% |
| 13 | Ultimate Oscillator ✓ | Daily | 7.6% | 0.45 | -65.3% | 89.5% | 38 | -3.8% |
| 14 | MA Envelope ✓ | Weekly | 7.1% | 0.45 | -56.8% | 72.9% | 107 | -4.2% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For ConocoPhillips (COP), Camarilla Pivots on the weekly timeframe gave the best balance of return and risk in our test. It still trailed buy-and-hold on raw return — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
More stock
Get alerted when ConocoPhillips’s signal flips
We track ConocoPhillips daily. Its backtested best indicator, Camarilla Pivots (Weekly), is long right now — we'll email you the moment that changes. Free, no spam, unsubscribe any time.