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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 2024-10-07 View latest technical analysis

10 day averaged volume of Bp P is 10205720

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	33.14	33.09	33.29	33.01	0.572 times
04 Fri Oct 2024	32.88	32.65	33.05	32.49	0.991 times
03 Thu Oct 2024	32.46	32.04	32.54	31.89	1.054 times
02 Wed Oct 2024	32.37	32.59	32.64	32.15	0.782 times
01 Tue Oct 2024	32.09	31.35	32.27	31.29	1.342 times
30 Mon Sep 2024	31.39	31.41	31.73	31.30	0.717 times
27 Fri Sep 2024	31.42	31.00	31.47	30.90	1.127 times
26 Thu Sep 2024	30.79	30.53	31.00	30.52	1.612 times
25 Wed Sep 2024	31.68	32.39	32.42	31.66	0.876 times
24 Tue Sep 2024	32.83	33.13	33.17	32.74	0.754 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 32.8, but if it comes below 32.8, then a intra day sell could be more profitable.
If you take a sell trade below 32.8, then use 32.8 as stoploss and 32.12 as target. However if you take a buy trade in stock , then use 32.8 as stoploss and 33.6 as target.

Share price targets for Bp P (BP)

Target Type	Value
Downside Target	30.52
Downside Target	31.29
Downside Target	32.05
Upside Target	33.20
Upside Target	33.29
Upside Target	34.38
Upside Target	34.71
Upside Target	35.46
Upside Target	37.31
Upside Target	37.39

Intraday share price targets for Bp P (BP)

Target Type	Value
Downside Intraday Target	33
Downside Intraday Target	32.87
Upside Intraday Target	33.28
Upside Intraday Target	33.43
Upside Intraday Target	33.15

Weekly technical analysis of Bp P (BP)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	33.14	33.09	33.29	33.01	0.117 times
04 Fri Oct 2024	32.88	31.41	33.05	31.29	0.955 times
27 Fri Sep 2024	31.42	32.72	33.17	30.52	1.236 times
20 Fri Sep 2024	32.64	32.26	33.20	32.05	0.97 times
13 Fri Sep 2024	31.84	31.89	32.05	30.67	1.291 times

Price has moved up 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
07 Mon Oct 2024	33.14	31.35	33.29	31.29	0.27 times
30 Mon Sep 2024	31.39	33.00	33.20	30.52	1.317 times
30 Fri Aug 2024	33.96	35.41	35.46	32.51	0.824 times
31 Wed Jul 2024	35.39	36.25	37.39	34.38	1.219 times

Scroll below to view daily charts

Price has moved up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Bp P ( (BP) ) based on a short to mid 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.

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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Bp P in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bp P Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Bp P in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 31.97 and Bp P (BP) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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.