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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 2024-10-16 View latest technical analysis

10 day averaged volume of Bp P is 8179720

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	30.93	31.07	31.13	30.83	0.782 times
15 Tue Oct 2024	30.74	30.85	31.09	30.70	1.611 times
14 Mon Oct 2024	31.99	31.90	32.11	31.83	0.675 times
11 Fri Oct 2024	32.11	32.07	32.33	32.04	0.911 times
10 Thu Oct 2024	32.34	32.15	32.40	31.95	0.72 times
09 Wed Oct 2024	31.98	31.67	32.08	31.59	0.738 times
08 Tue Oct 2024	32.03	32.45	32.47	31.86	1.105 times
07 Mon Oct 2024	33.14	33.09	33.29	33.01	0.714 times
04 Fri Oct 2024	32.88	32.65	33.05	32.49	1.236 times
03 Thu Oct 2024	32.46	32.04	32.54	31.89	1.315 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 31.4, but if it comes above 31.4, then a intra day buy could be more profitable.
If you take a sell trade below 31.4, then use 31.4 as stoploss and 30.5 as target. However if you take a buy trade in stock , then use 31.4 as stoploss and 32.07 as target.

Share price targets for Bp P (BP)

Target Type	Value
Downside Target	30.52
Upside Target	33.20
Upside Target	33.29
Upside Target	34.38
Upside Target	34.71
Upside Target	35.46
Upside Target	37.31
Upside Target	37.39

Intraday share price targets for Bp P (BP)

Target Type	Value
Downside Intraday Target	30.38
Downside Intraday Target	29.84
Upside Intraday Target	31.79
Upside Intraday Target	32.66
Upside Intraday Target	31.25

Weekly technical analysis of Bp P (BP)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	30.93	31.90	32.11	30.70	0.733 times
11 Fri Oct 2024	32.11	33.09	33.29	31.59	0.687 times
04 Fri Oct 2024	32.88	31.41	33.05	31.29	0.955 times
27 Fri Sep 2024	31.42	32.72	33.17	30.52	1.236 times
20 Fri Sep 2024	32.64	32.26	33.20	32.05	0.97 times

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

Monthly technical analysis of Bp P (BP)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	30.93	31.35	33.29	30.70	0.569 times
30 Mon Sep 2024	31.39	33.00	33.20	30.52	1.317 times
30 Fri Aug 2024	33.96	35.41	35.46	32.51	0.824 times
31 Wed Jul 2024	35.39	36.25	37.39	34.38	1.219 times

Scroll below to view daily charts

Price has moved down 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Bp P ( (BP) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Bp P in short term and the sell signal is strong.

Bp P Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Bp P in short term but BUY signal is weak.

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 32 and Bp P (BP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

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