BP PLC (BP..L) Stock Technical Analysis
Europe - LON:BP. - GB0007980591 - Common Stock
420.55
-5.05 (-1.19%)
Overall BP. gets a technical rating of 7 out of 10. Although BP. is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
In the last month BP. has a been trading in the 414.05 - 439.85 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 10369700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, BP. turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
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.
BP. has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 415.74, a Stop Loss order could be placed below this zone. 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
386.60
435.25
When analyzing the support we can see 2 important areas.
- A support zone ranging from 405.96 to 415.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @390.51 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 421.57 to 430.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for BP..L is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BP..L is neutral. |
| ChartMill Relative Strength | 46.06 | NEUTRAL | BP..L is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BP..L is below 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) | UP | POSITIVE | The current price of BP..L is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.04 | NEUTRAL | The RSI value for BP..L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.17 | NEGATIVE | The MACD value suggests BP..L has a negative trend. |
| Stochastics (14,3) | 29.78 | NEUTRAL | The Stochastics value for BP..L is a neutral value. |
| Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for BP..L suggests low volalility. |
| Average Directional Index/ADX (14) | 21.64 | NEUTRAL | The ADX value for BP..L suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 430.95 | 414.04 | 16.91 (3.92%) | 25.00% |
| An entry @430.95. This is a Buy Stop order right above the resistance zone. | An exit @414.04. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 16.91 points, which is 3.92%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.98%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
LON:BP. (9/19/2025, 5:36:15 PM)
420.55
-5.05 (-1.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.19%
1 Week0%
2 Weeks1.18%
1 Month0.25%
3 Month9.32%
6 Month-6.54%
12 Month2.69%
2 Year-20.86%
3 Year-3.05%
5 Year86.79%
10 Year25.91%
15 Year-1.69%
Volatility
ATR(14)7.78
ATR(20)%1.75%
ATR Inc-1.42%
Range Today6.9
ADR(20)7.08
ADR(20)%1.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.06
Mansfield-0.56
10 Day High430.65
10 Day Low414.05
20 Day High439.85
20 Day Low414.05
52 Week High471.15
52 Week Low329.35
CS1 End415.74
CR1 Start421.57
Volume & EV
DER(3)2.52%
DER(5)3.74%
Volume11.19M
Volume Incr-6.48%
Vol(5)8.72M
Vol(50)10.37M