Technical Analysis for BP - BP p.l.c.

Grade Last Price % Change Price Change
C 36.43 0.91% 0.33
BP closed up 0.91 percent on Monday, July 1, 2024, on 77 percent of normal volume. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Up

Date Alert Name Type % Chg
Crossed Above 200 DMA Bullish 0.00%
Stochastic Reached Overbought Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
200 DMA Resistance Bearish 0.91%
Gapped Up Strength 0.91%
200 DMA Resistance Bearish 1.28%
Crossed Above 20 DMA Bullish 1.28%

   Recent Intraday Alerts

Alert Time
Gap Up Partially Closed about 11 hours ago
Up 1% about 11 hours ago
Gapped Up (Partial) about 11 hours ago
Rose Above Previous Day's High about 11 hours ago
Rose Above 200 DMA about 11 hours ago

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Profile

BP p.l.c. Description

BP p.l.c. provides fuel for transportation, energy for heat and light, lubricants to engines, and petrochemicals products. The company's Upstream segment engages in the oil and natural gas exploration, field development, and production; midstream transportation, and storage and processing; and marketing and trade of natural gas, including liquefied natural gas (LNG), and power and natural gas liquids (NGL). This segment has exploration and production activities in Angola, Azerbaijan, Canada, Egypt, Norway, Trinidad and Tobago, the United Kingdom, and the United States, as well as in Asia, Australasia, South America, North Africa, and the Middle East. It also owns and manages crude oil and natural gas pipelines; processing facilities and export terminals; and LNG processing and transportation, as well as NGL extraction facilities. The company's Downstream segment is involved in the refining, manufacture, marketing, transportation, supply, and trade of crude oil; petroleum; petrochemicals products comprising purified terephthalic acid, paraxylene, acetic acid, and olefins and derivatives, as well as provides related services to wholesale and retail customers. This segment also sells refined petroleum products, such as gasoline, diesel, aviation fuel, and liquefied petroleum gas (LPG). This segment offers lubricants under Castrol, BP, and Aral brand names to automotive, industrial, marine, aviation, and energy markets. BP p.l.c. also engages in alternative energy business, as well as offers shipping and treasury services. The company was founded in 1889 and is headquartered in London, the United Kingdom.


Classification

Sector: Energy
Industry: Oil & Gas Integrated
Keywords: Natural Gas Petroleum Industry Crude Oil Acid Petroleum Production Petroleum Products Natural Gas Liquids Liquefied Natural Gas Gas Exploration Alternative Energy Midstream Refined Petroleum Products Gas Pipeline Petroleum Gas Liquefied Petroleum Gas Natural Gas Pipeline Energy Market Natural Gas Exploration Treasury Services Wholesale And Retail Customers Abu Dhabi National Oil Company Terephthalic Acid

Is BP a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 39.9333
52 Week Low 32.7286
Average Volume 7,806,842
200-Day Moving Average 36.10
50-Day Moving Average 36.91
20-Day Moving Average 35.68
10-Day Moving Average 35.83
Average True Range 0.55
RSI (14) 53.49
ADX 13.37
+DI 30.14
-DI 20.95
Chandelier Exit (Long, 3 ATRs) 35.94
Chandelier Exit (Short, 3 ATRs) 36.35
Upper Bollinger Bands 36.52
Lower Bollinger Band 34.83
Percent B (%b) 0.95
BandWidth 4.74
MACD Line -0.19
MACD Signal Line -0.35
MACD Histogram 0.1655
Fundamentals Value
Market Cap 103.52 Billion
Num Shares 2.84 Billion
EPS 5.15
Price-to-Earnings (P/E) Ratio 7.07
Price-to-Sales 0.50
Price-to-Book 1.47
PEG Ratio 13.74
Dividend 0.28
Dividend Yield 0.77%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 37.11
Resistance 3 (R3) 37.09 36.84 37.00
Resistance 2 (R2) 36.84 36.66 36.85 36.96
Resistance 1 (R1) 36.63 36.56 36.73 36.66 36.92
Pivot Point 36.38 36.38 36.43 36.39 36.38
Support 1 (S1) 36.18 36.21 36.28 36.20 35.94
Support 2 (S2) 35.93 36.10 35.94 35.90
Support 3 (S3) 35.73 35.93 35.86
Support 4 (S4) 35.75