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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 2024-05-24 View latest technical analysis

10 day averaged volume of Bp P is 6606574

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri May 2024	36.72	36.72	36.89	36.64	1.239 times
23 Thu May 2024	36.42	37.00	37.15	36.33	1.109 times
22 Wed May 2024	36.56	36.79	36.90	36.44	1.441 times
21 Tue May 2024	37.06	37.30	37.47	37.04	0.988 times
20 Mon May 2024	37.26	37.54	37.60	37.22	0.565 times
17 Fri May 2024	37.49	37.29	37.59	37.21	0.968 times
16 Thu May 2024	37.11	37.33	37.39	37.01	0.991 times
15 Wed May 2024	37.76	37.84	37.93	37.28	1.179 times
14 Tue May 2024	37.96	38.14	38.16	37.78	0.897 times
13 Mon May 2024	38.10	38.04	38.16	37.88	0.93 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, but if it comes above 37, then a intra day buy could be more profitable.
If you take a sell trade below 37, then use 37 as stoploss and 36 as target. However if you take a buy trade in stock , then use 37 as stoploss and 37.82 as target.

Share price targets for Bp P (BP)

Target Type	Value
Downside Target	33.52
Downside Target	35.32
Downside Target	36.33
Upside Target	38.13
Upside Target	38.16
Upside Target	38.48
Upside Target	39.48
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	36.17
Downside Intraday Target	35.61
Upside Intraday Target	37.44
Upside Intraday Target	38.15
Upside Intraday Target	36.88

Weekly technical analysis of Bp P (BP)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri May 2024	36.72	37.54	37.60	36.33	1.076 times
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

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
24 Fri May 2024	36.72	38.43	39.48	36.33	0.558 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 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 neutral. A longer time frame might give a better analysis.

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 weakening, and bulls are picking up momentum!

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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 37.19 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.