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(BP) Bp P complete technical analysis [charts+indicators] | Buy/Sell Bp P | (BP) share price targets

Complete technical analysis of Bp P (BP) by charts plus indicators, forecast predictions and share price targets for Bp P (BP)

Bp P trades in USA in Energy sector.

Showing technical analysis as on 2024-04-05 View latest technical analysis

10 day averaged volume of Bp P is 7539270

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	38.66	38.47	38.71	38.16	1.742 times
04 Thu Apr 2024	38.40	38.65	38.73	38.31	1.847 times
03 Wed Apr 2024	38.81	38.56	38.94	38.35	1.189 times
02 Tue Apr 2024	38.65	38.38	38.71	38.18	1.023 times
01 Mon Apr 2024	37.94	37.86	38.04	37.30	0.835 times
28 Thu Mar 2024	37.68	37.64	37.81	37.49	0.636 times
27 Wed Mar 2024	37.46	37.23	37.50	37.19	0.786 times
26 Tue Mar 2024	37.57	38.19	38.22	37.56	1.008 times
25 Mon Mar 2024	38.26	38.12	38.48	38.11	1.113 times
22 Fri Mar 2024	37.80	37.87	37.87	37.66	0.49 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 38.4, but if it comes below 38.4, then a intra day sell could be more profitable.
If you take a sell trade below 38.4, then use 38.4 as stoploss and 37.72 as target. However if you take a buy trade in stock , then use 38.4 as stoploss and 39.2 as target.

Share price targets for Bp P (BP)

Target Type	Value
Downside Target	33.52
Downside Target	35.32
Downside Target	37.30
Downside Target	37.42
Downside Target	37.80
Downside Target	38.04
Downside Target	38.48
Upside Target	38.94

Intraday share price targets for Bp P (BP)

Target Type	Value
Downside Intraday Target	37.66
Downside Intraday Target	36.66
Upside Intraday Target	39.3
Upside Intraday Target	39.94
Downside Intraday Target	38.3

Weekly technical analysis of Bp P (BP)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	38.66	37.86	38.94	37.30	1.873 times
28 Thu Mar 2024	37.68	38.12	38.48	37.19	0.905 times
22 Fri Mar 2024	37.80	37.74	38.04	37.42	0.864 times
15 Fri Mar 2024	37.49	36.16	37.80	35.96	0.848 times
08 Fri Mar 2024	36.41	36.00	36.69	35.58	0.97 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bp P (BP)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	38.66	37.86	38.94	37.30	0.362 times
28 Thu Mar 2024	37.68	35.43	38.48	35.32	0.687 times
29 Thu Feb 2024	34.99	35.42	36.67	33.93	0.995 times
31 Wed Jan 2024	35.10	35.64	36.48	33.52	1.354 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Bp P (BP)

Price action analysis of Bp P ( (BP) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Bp P ( (BP) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Bp P ( (BP) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Bp P ( (BP) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Bp P stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Bp P in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bp P Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Bp P in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Bp P is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 38.24 and Bp P (BP) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Bp P (BP) stock. Volume based technical analysis of Bp P (BP) stock is negative.

Bp P Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.