BP PLC (BP..L) Stock Technical Analysis
LON:BP. - London Exchange - GB0007980591 - Common Stock
Overall BP. gets a technical rating of 8 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 and short term trends are both positive. This is looking good!
In the last month BP. has a been trading in the 390.55 - 433.65 range, which is quite wide. It is currently trading near the high of this range.
BP. has an average volume of 12036700 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 44% 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.
Volume is considerably higher in the last couple of days.
Although BP. has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
352.64
431.50
4 important support areas can be observed.
- A support zone ranging from 385.52 to 386.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @373.36 from a trend line in the daily time frame.
- Support @364.39 from a horizontal line in the daily time frame.
- Support @356.20 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @427.23 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 | UP | POSITIVE | The long term trend for BP..L is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BP..L is up. |
| ChartMill Relative Strength | 44.29 | NEUTRAL | BP..L is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of BP..L is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.24 | NEUTRAL | The RSI value for BP..L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.86 | POSITIVE | The MACD value suggests BP..L has a positive trend. |
| Stochastics (14,3) | 88.32 | OVERBOUGHT | The high Stochastics value suggests BP..L may be overbought. |
| Average True Range in percent/ATR (20) | 1.88 | LOW VOLATILITY | The low ATR as a percentage value for BP..L suggests low volalility. |
| Average Directional Index/ADX (14) | 25.1 | POSITIVE | The high ADX value value for BP..L suggests a strong 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. (8/8/2025, 11:46:00 AM)
422.75
-3 (-0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.7%
1 Week5.19%
2 Weeks7.04%
1 Month9.52%
3 Month14.36%
6 Month-1.75%
12 Month-1.81%
2 Year-12.93%
3 Year-3.57%
5 Year60.75%
10 Year18.1%
15 Year11.86%
Volatility
ATR(14)8.26
ATR(20)%1.88%
ATR Inc52.34%
Range Today3.25
ADR(20)7.35
ADR(20)%1.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.29
Mansfield-0.15
10 Day High433.65
10 Day Low393.3
20 Day High433.65
20 Day Low390.55
52 Week High471.15
52 Week Low329.35
CS1 End386.62
CR1 Start427.23
Volume & EV
DER(3)2.9%
DER(5)2.49%
Volume2.06M
Volume Incr54.55%
Vol(5)16.25M
Vol(50)12.04M