BP PLC-SPONS ADR (BP) Stock Technical Analysis
NYSE:BP - New York Stock Exchange, Inc. - US0556221044 - ADR - Currency: USD
Overall BP gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. BP was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, BP is a bad performer in the overall market: 76% of all stocks are doing better.
BP is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BP is lagging the market.
BP is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
BP has an average volume of 9905830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
BP is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 43% of 210 stocks in the same industry.
Although the technical rating is only medium, BP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 31.40, a Stop Loss order could be placed below this zone.
More info and screens
27.88
40.99
When analyzing the support we notice one important area.
- A support zone ranging from 28.16 to 28.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 31.34 to 31.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @38.54 from a trend line in the weekly time frame.
- Resistance @40.58 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.65
Mansfield-1.7
10 Day High32.19
10 Day Low30.57
20 Day High32.19
20 Day Low28.49
52 Week High40.4
52 Week Low27.82
Performance
1 Week-1.04%
2 Weeks1.06%
1 Month9.39%
3 Month-0.22%
6 Month-10.78%
12 Month-11.73%
2 Year-13.19%
3 Year1.71%
5 Year-12.95%
10 Year-19.01%
15 Year-43.96%
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)0.04
RSI(14)60.57
LBB30.63
UBB32
BP PLC-SPONS ADR
NYSE:BP (1/27/2025, 11:32:09 AM)
31.19
-0.26 (-0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.83%
1 Week-1.04%
2 Weeks1.06%
1 Month9.39%
3 Month-0.22%
6 Month-10.78%
12 Month-11.73%
2 Year-13.19%
3 Year1.71%
5 Year-12.95%
10 Year-19.01%
15 Year-43.96%
Volatility
ATR(14)0.6
ATR(20)%1.73%
ATR Inc-36.22%
Range Today0.38
ADR(20)0.45
ADR(20)%1.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.65
Mansfield-1.7
10 Day High32.19
10 Day Low30.57
20 Day High32.19
20 Day Low28.49
52 Week High40.4
52 Week Low27.82
CS1 End31.4
CR1 Start31.58
Volume & EV
DER(3)-3.56%
DER(5)-2.16%
Volume2.44M
Volume Incr-15.03%
Vol(5)7.99M
Vol(50)9.91M