BP PLC-SPONS ADR (BP)

US0556221044 - ADR

29.52  +0.44 (+1.51%)

Premarket: 29.22 -0.3 (-1.02%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to BP. 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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, BP is a bad performer in the overall market: 84% of all stocks are doing better.
BP is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 72% of 204 stocks in the same industry do better.
BP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
BP has an average volume of 9618630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month BP has a been trading in the 27.82 - 31.68 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
BP Weekly chart
BP Daily chart
Setup Rating and Analysis

6

Although the technical rating is bad, BP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.

Support and Resistance Analysis

29.22

41.06

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 30.97 to 31.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 32.88 to 33.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @40.65 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.23
Mansfield-2.52
10 Day High29.54
10 Day Low27.82
20 Day High31.68
20 Day Low27.82
52 Week High40.4
52 Week Low27.82
Performance
1 Week1.62%
2 Weeks-2.54%
1 Month-5.69%
3 Month-13.46%
6 Month-19.61%
12 Month-17.59%
2 Year-17.77%
3 Year13.71%
5 Year-21.11%
10 Year-24.92%
15 Year-48.37%
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)
Technical Indicators
MACD(12,26,9)0.1
RSI(14)46.06
LBB28.11
UBB30.44
BP Daily chart

BP PLC-SPONS ADR

NYSE:BP (11/21/2024, 8:15:49 PM)

Premarket: 29.22 -0.3 (-1.02%)

29.52

+0.44 (+1.51%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.51%
1 Week1.62%
2 Weeks-2.54%
1 Month-5.69%
3 Month-13.46%
6 Month-19.61%
12 Month-17.59%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.6
ATR(20)%2.15%
ATR Inc
Range Today0.38
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High29.54
10 Day Low27.82
20 Day High31.68
20 Day Low27.82
52 Week High40.4
52 Week Low27.82
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume18.62M
Volume Incr18.56%
Vol(5)12.01M
Vol(50)9.62M