COPX Technical Analysis

🔺 Technical Setup

🎯 Decision Map

From a roadmap perspective, the setup is boxed by support near 73.14 and resistance around 80.88. A cleaner push through resistance would improve continuation odds, while a loss of support would weaken the current thesis. Pattern invalidation sits near 102.99, so a violation there would materially change the current setup narrative.

📊 Technical Summary

The latest close for COPX came in at 79.61 (+2.42%). The chart is sitting below its 50-day average while still holding above the 200-day average, suggesting shorter-term weakness inside a still positive long-term backdrop. 20-day momentum is positive at +1.87%; price remains inside its roughly 52-week range (37.81–95.70); and ATR14 volatility is running near 3.04% of price. RSI(14) stands around 46.7, which keeps the momentum picture broadly balanced. RSI has been trending higher in recent sessions, indicating improving momentum conditions. MACD is positioned under the signal line, suggesting momentum recovery has not fully developed yet. The MACD histogram is negative and weakening further, which reflects continued downside pressure. The chart is currently flagging Double top. Near-term structure is defined by support at 73.14 and resistance at 80.88. A clean break above resistance would strengthen the chart, while a loss of support would put the current setup under pressure. The interactive chart adds overlays, pattern context and a fuller structure view for deeper review.

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