BP PLC (BP..L) Stock Technical Analysis
LON:BP. - London Exchange - GB0007980591 - Common Stock
We assign a technical rating of 2 out of 10 to BP.. In the past year, BP. was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
92% of all other stocks performed better in the past year than BP..
In the last month BP. has a been trading in the 357.48 - 407.65 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
BP. has an average volume of 13639300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BP. is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BP. is lagging the market.
Although the technical rating is bad, BP. does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for BP. in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
346.50
439.70
2 important support areas can be observed.
- A support zone ranging from 367.63 to 377.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @350.00 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 382.75 to 386.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 392.96 to 393.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @435.35 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for BP..L is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BP..L is neutral. |
| ChartMill Relative Strength | 8.1 | NEGATIVE | BP..L has a low relative strength, it was outperformed by 91.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BP..L is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BP..L is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BP..L is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.76 | NEUTRAL | The RSI value for BP..L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.56 | NEGATIVE | The MACD value suggests BP..L has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.18 | NEUTRAL | The Stochastics value for BP..L is a neutral value. |
| Average True Range in percent/ATR (20) | 2.61 | MEDIUM VOLATILITY | The ATR as a percentage value for BP..L suggests some volalility. |
| Average Directional Index/ADX (14) | 13.96 | NEGATIVE | The low ADX value for BP..L suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
LON:BP. (7/4/2025, 9:25:01 AM)
377.55
-0.65 (-0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.17%
1 Week2.24%
2 Weeks-3.75%
1 Month5.67%
3 Month2.02%
6 Month-7.29%
12 Month-21.58%
2 Year-21.75%
3 Year-5.45%
5 Year36.49%
10 Year-4.36%
15 Year-6.84%
Volatility
ATR(14)10.58
ATR(20)%2.61%
ATR Inc-7.61%
Range Today1.63
ADR(20)8.19
ADR(20)%2.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.1
Mansfield-1.37
10 Day High407.65
10 Day Low361.95
20 Day High407.65
20 Day Low357.48
52 Week High479.95
52 Week Low329.35
CS1 End350
CR1 Start373.89
Volume & EV
DER(3)3.22%
DER(5)3.16%
Volume288.88K
Volume Incr-23.98%
Vol(5)9.91M
Vol(50)13.64M