BP PLC (BP..L) Stock Technical Analysis
Europe - London Exchange - LON:BP. - GB0007980591 - Common Stock
Overall BP. gets a technical rating of 0 out of 10. BP.'s overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, BP. does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 415.64, a Stop Loss order could be placed below this zone.
More info and screens
406.93
We found 1 important support area.
- A support zone ranging from 411.04 to 415.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 428.11 to 434.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 445.44 to 453.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 460.81 to 467.80. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 476.15 to 476.16. This zone is formed by a combination of multiple trend lines in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for BP..L is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BP..L is down. |
| ChartMill Relative Strength | 23.6 | NEGATIVE | BP..L has a low relative strength, it was outperformed by 76.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BP..L is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BP..L is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BP..L is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.29 | NEUTRAL | The RSI value for BP..L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests BP..L has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.52 | OVERSOLD | The low Stochastics value suggests BP..L may be oversold. |
| Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for BP..L suggests some volalility. |
| Average Directional Index/ADX (14) | 24.64 | NEUTRAL | The ADX value for BP..L suggests a possible start of a new trend. |
LON:BP. (1/9/2026, 5:36:15 PM)
425.6
+9.95 (+2.39%)
BP PLC / BP..L FAQ
Can you provide the ChartMill technical rating for BP PLC?
ChartMill assigns a technical rating of 0 / 10 to BP..L.
What is the trend direction for BP. stock?
The current trend direction for BP PLC (BP..L) is Bearish.
What is the RSI signal for BP. stock?
BP PLC (BP..L) has an RSI value of 43.2927. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BP PLC?
The short term momentum for BP PLC (BP..L) is negative.
What is the support and resistance level for BP. stock?
BP PLC (BP..L) has a support level at 415.64 and a resistance level at 428.11. Check the full technical report for our detailed analysis of BP..L support and resistance levels.