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(BP) Bp P complete technical analysis [charts+indicators] | Buy/Sell Bp P | (BP) share price targets

Complete technical analysis of Bp P (BP) by charts plus indicators, forecast predictions and share price targets for Bp P (BP)

Bp P trades in USA in Energy sector.

Showing technical analysis as on 2024-05-17 View latest technical analysis

10 day averaged volume of Bp P is 8367336

Date	Daily Closing Price	Open	High	Low	Volume
17 Fri May 2024	37.49	37.29	37.59	37.21	0.765 times
16 Thu May 2024	37.11	37.33	37.39	37.01	0.782 times
15 Wed May 2024	37.76	37.84	37.93	37.28	0.931 times
14 Tue May 2024	37.96	38.14	38.16	37.78	0.708 times
13 Mon May 2024	38.10	38.04	38.16	37.88	0.734 times
10 Fri May 2024	37.84	38.37	38.44	37.78	0.737 times
09 Thu May 2024	38.04	37.85	38.10	37.79	0.906 times
08 Wed May 2024	37.53	37.14	37.59	37.04	1.153 times
07 Tue May 2024	37.58	38.14	38.28	37.51	1.907 times
06 Mon May 2024	39.04	38.98	39.48	38.92	1.178 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 37.7, but if it comes above 37.7, then a intra day buy could be more profitable.
If you take a sell trade below 37.7, then use 37.7 as stoploss and 36.8 as target. However if you take a buy trade in stock , then use 37.7 as stoploss and 38.45 as target.

Share price targets for Bp P (BP)

Target Type	Value
Downside Target	33.52
Downside Target	35.32
Downside Target	36.48
Upside Target	38.16
Upside Target	38.48
Upside Target	39.48
Upside Target	39.55
Upside Target	39.66
Upside Target	39.73
Upside Target	40.40

Intraday share price targets for Bp P (BP)

Target Type	Value
Downside Intraday Target	36.95
Downside Intraday Target	36.4
Upside Intraday Target	38.1
Upside Intraday Target	38.7
Upside Intraday Target	37.55

Weekly technical analysis of Bp P (BP)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Fri May 2024	37.49	38.04	38.16	37.01	0.667 times
10 Fri May 2024	37.84	38.98	39.48	37.04	0.919 times
03 Fri May 2024	38.70	39.42	39.66	37.99	1.112 times
26 Fri Apr 2024	39.47	38.43	39.73	38.13	0.777 times
19 Fri Apr 2024	38.52	39.53	39.55	37.87	0.793 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Bp P (BP)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Fri May 2024	37.49	38.43	39.48	37.01	0.423 times
30 Tue Apr 2024	38.77	37.86	40.40	37.30	1.903 times
28 Thu Mar 2024	37.68	35.43	38.48	35.32	0.687 times
29 Thu Feb 2024	34.99	35.42	36.67	33.93	0.995 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Bp P (BP)

Price action analysis of Bp P ( (BP) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bp P ( (BP) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Bp P ( (BP) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bp P ( (BP) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Bp P stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Bp P in short term and the sell signal is strong.

Bp P Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Bp P in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Bp P is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 37.85 and Bp P (BP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Bp P (BP) stock. Volume based technical analysis of Bp P (BP) stock is negative.

Bp P Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.