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Stock Trend Analysis Report

Prepared for you on Friday, June 9, 2023.

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

Sidelines Mode (-55) - BP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

Open High Low BP Price Change
35.840 35.880 35.250 35.815 +0.105
Entry Signal

MarketClub’s Trade Triangles for BP

long term down The long-term trend has been DOWN since May 31st, 2023 at 34.14

intermediate term down The intermediate-term trend has been DOWN since Apr 27th, 2023 at 39.14

short term up The short-term trend has been UP since Jun 2nd, 2023 at 35.06

Smart Scan Analysis for BP

Based on our trend formula, BP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for BP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.840 35.880 35.250 35.815 +0.105
Prev. Close Volume Bid Ask Time
35.810 7012999 2023-06-08 15:59:46
Year High47.83Year High Date2018-05-21
Year Low36.15Year Low Date2018-02-05
52wk High41.3852wk High Date2023-02-14
52wk Low25.36552wk Low Date2022-07-14
Year End Close41.64Average Volume8,308,214
Shares Outstanding3,234,859Short Interest7,205,888
% Institutional12.7Market Cap128,388M
P/E Ratio-271.29770000Beta2.15
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