Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, May 7, 2024.

BP p.l.c. (NYSE:BP)

Weak Downtrend (-65) - BP is showing signs of a strengthening downtrend. Monitor BP as it may be building momentum to the downside.

Is it time to buy, sell, or avoid BP?

MarketClub looks at technical strength and momentum to determine if the timing is right for BP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_BP
Open High Low BP Price Change
38.140 38.280 37.510 37.595 -1.445
Entry Signal

MarketClub’s Trade Triangles for BP

long term up The long-term trend has been UP since Mar 8th, 2024 at 36.665

intermediate term down The intermediate-term trend has been DOWN since May 7th, 2024 at 37.865

short term down The short-term trend has been DOWN since May 7th, 2024 at 38.110

Smart Scan Analysis for BP

Based on our trend formula, BP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for BP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
38.140 38.280 37.510 37.595 -1.445
Prev. Close Volume Bid Ask Time
39.040 14623322 2024-05-07 15:59:39
Year High47.83Year High Date2018-05-21
Year Low36.15Year Low Date2018-02-05
52wk High40.8452wk High Date2023-10-18
52wk Low33.5252wk Low Date2024-01-17
Year End Close41.64Average Volume11,901,983
Shares Outstanding3,234,859Short Interest7,205,888
% Institutional12.7Market Cap128,388M
Assets280,294,000MLiabilities210,011,000M
P/E Ratio45.4482Beta2.15
Volatility31.4
Get a free daily analysis and signals for BP p.l.c. (BP) - Request Your Free Report.