BP PLC (BPE5.DE) Stock Technical Analysis
FRA:BPE5 - Deutsche Boerse Ag - GB0007980591 - Common Stock - Currency: EUR
Taking everything into account, BPE5 scores 0 out of 10 in our technical rating. BPE5'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, BPE5 is a bad performer in the overall market: 87% of all stocks are doing better.
BPE5 is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 72% of 60 stocks in the same industry do better.
BPE5 is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month BPE5 has a been trading in the 4.89 - 5.21 range, which is quite wide. It is currently trading near the lows of this range.
The technical rating of BPE5 is bad and it also does not present a quality setup 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
4.84
6.40
We can see 5 important resistance areas.
- A resistance zone ranging from 5.06 to 5.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.19 to 5.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.40 to 5.40. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @5.75 from a horizontal line in the daily time frame.
- Resistance @6.34 from a horizontal 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 BPE5.DE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BPE5.DE is down. |
| ChartMill Relative Strength | 13.59 | NEGATIVE | BPE5.DE has a low relative strength, it was outperformed by 86.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BPE5.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BPE5.DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BPE5.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.26 | NEUTRAL | The RSI value for BPE5.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BPE5.DE has a negative trend. |
| Stochastics (14,3) | 5.45 | OVERSOLD | The low Stochastics value suggests BPE5.DE may be oversold. |
| Average True Range in percent/ATR (20) | 1.65 | LOW VOLATILITY | The low ATR as a percentage value for BPE5.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 20.69 | NEUTRAL | The ADX value for BPE5.DE 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)
FRA:BPE5 (9/5/2024, 7:00:00 PM)
4.8925
-0.03 (-0.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.56%
1 Week-5.29%
2 Weeks-2.69%
1 Month-2.97%
3 Month-10.26%
6 Month-11.62%
12 Month-18.77%
2 Year-0.69%
3 Year23.55%
5 Year-16.18%
10 Year-16.37%
15 Year-19%
Volatility
ATR(14)0.08
ATR(20)%1.65%
ATR Inc-20.84%
Range Today0.05
ADR(20)0.07
ADR(20)%1.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.59
Mansfield-2.39
10 Day High5.21
10 Day Low4.89
20 Day High5.21
20 Day Low4.89
52 Week High6.48
52 Week Low4.89
CS1 EndN/A
CR1 Start5.06
Volume & EV
DER(3)3.48%
DER(5)6.24%
Volume690.56K
Volume Incr16.48%
Vol(5)695.73K
Vol(50)632.10K