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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 2024-08-08 View latest technical analysis

10 day averaged volume of Bp P is 9169923

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	33.50	33.25	33.65	33.18	0.573 times
07 Wed Aug 2024	33.05	33.10	33.40	33.01	0.893 times
06 Tue Aug 2024	32.94	32.53	33.20	32.51	0.83 times
05 Mon Aug 2024	32.99	33.00	33.29	32.72	1.093 times
02 Fri Aug 2024	34.08	34.42	34.56	33.89	1.111 times
01 Thu Aug 2024	34.76	35.41	35.46	34.54	0.907 times
31 Wed Jul 2024	35.39	35.44	35.56	35.17	0.969 times
30 Tue Jul 2024	34.81	35.10	35.34	34.58	1.458 times
29 Mon Jul 2024	34.96	35.39	35.42	34.73	1.386 times
26 Fri Jul 2024	35.25	35.21	35.42	34.96	0.778 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 33.8, but if it comes above 33.8, then a intra day buy could be more profitable.
If you take a sell trade below 33.8, then use 33.8 as stoploss and 32.8 as target. However if you take a buy trade in stock , then use 33.8 as stoploss and 34.67 as target.

Share price targets for Bp P (BP)

Target Type	Value
Downside Target	32.51
Upside Target	33.65
Upside Target	35.46
Upside Target	35.83
Upside Target	36.33
Upside Target	36.82
Upside Target	37.30
Upside Target	37.31
Upside Target	37.39
Upside Target	39.48
Upside Target	40.40

Intraday share price targets for Bp P (BP)

Target Type	Value
Downside Intraday Target	32.79
Downside Intraday Target	32.08
Upside Intraday Target	33.93
Upside Intraday Target	34.36
Downside Intraday Target	33.22

Weekly technical analysis of Bp P (BP)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	33.50	33.00	33.65	32.51	0.581 times
02 Fri Aug 2024	34.08	35.39	35.56	33.89	1.81 times
26 Fri Jul 2024	35.25	35.38	35.51	34.62	0.881 times
19 Fri Jul 2024	35.38	35.01	35.83	34.38	0.803 times
12 Fri Jul 2024	35.19	36.60	36.82	34.65	4.983 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
08 Thu Aug 2024	33.50	35.41	35.46	32.51	0.3 times
31 Wed Jul 2024	35.39	36.25	37.39	34.38	1.219 times
28 Fri Jun 2024	36.10	37.30	37.31	34.71	0.793 times
31 Fri May 2024	37.57	38.43	39.48	36.33	0.65 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 mid to longer 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.

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 weakening, and bulls are picking up momentum!

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 but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 34.25 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.