BP Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

BP PLC (BP) Moving Averages Convergence Divergence (MACD) indicator is -0.804, suggesting BP is Neutral.

BP PLC (BP) 20-Day simple moving average is 44.341, while BP PLC (BP) share price is $41.87, making it Sell.

BP PLC (BP) 60-Day simple moving average is 44.837, while BP PLC (BP) share price is $41.87, making it Sell.

Technical Analysis for BP

Technical Sentiment Analysis for BP PLC (BP) As of 2026-05-29, BP PLC (BP) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 6 indicators are flashing buy, while 7 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BP stands at 35.279, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.804, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 11.193 and the Commodity Channel Index (CCI) at -137.977 further confirm a -2.25 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, BP is trading above its 60-day moving average of $44.837 and above its 200-day long-term moving average of $38.348. Key price levels to watch include the immediate resistance at $46.348 and strong support at $41.213. A break above $46.348 could signal a bull continuation, while falling below $41.213 may test the next Fibonacci floor at $38.597.

BP PLC (BP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	36.078	38.597	41.213	43.732	46.348	48.867	51.483
Fibonacci	38.597	40.558	41.77	43.732	45.693	46.905	48.867

BP PLC (BP) Technical Indicators

2026-05-29

Name	Value
RSI_14	35.279
STOCHk_14_3_3	11.193
STOCHd_14_3_3	13.476
CCI_20	-137.977
AO_5_34	-2.736
MOM_10	-2.25
MACD_12_26_9	-0.804

BP PLC (BP) Relative Strength Index (RSI) is 35.279, creating a Neutral signal.

BP PLC (BP) Stochastic Oscillator is 11.193, creating a Buy signal.

BP PLC (BP) Stochastic RSI is 13.476, creating a Buy signal.

BP PLC (BP) Commodity Channel Index (CCI) is -137.977, creating a Buy signal.

BP PLC (BP) Awesome Oscillator is -2.736, creating a Sell signal.

BP PLC (BP) Momentum is -2.25, creating a Sell signal.

BP PLC (BP) MACD is -0.804, creating a Sell signal.

BP PLC (BP) Moving Average

2026-05-29

Period	Simple	Signal
MA_5	42.424	Sell
MA_10	43.83	Sell
MA_20	44.341	Sell
MA_60	44.837	Sell
MA_200	38.348	Buy
MA_250	36.979	Buy

BP PLC (BP) 5-Day simple moving average is 42.424, while BP PLC (BP) share price is $41.87, making it a Sell.

BP PLC (BP) 10-Day simple moving average is 43.83, while BP PLC (BP) share price is $41.87, making it a Sell.

BP PLC (BP) 20-Day simple moving average is 44.341, while BP PLC (BP) share price is $41.87, making it a Sell.

BP PLC (BP) 60-Day simple moving average is 44.837, while BP PLC (BP) share price is $41.87, making it a Sell.

BP PLC (BP) 200-Day simple moving average is 38.348, while BP PLC (BP) share price is $41.87, making it a Buy.

BP PLC (BP) 250-Day simple moving average is 36.979, while BP PLC (BP) share price is $41.87, making it a Buy.

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Frequently Asked Questions

What is the current technical consensus for BP?

The overall technical consensus for BP PLC (BP) is currently Neutral. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 4 buy signals and 3 sell signals.

What are the key support and resistance levels for BP PLC (BP) today?

Based on pivot point calculations, BP PLC (BP) has an immediate support level at 41.213 and a major resistance level at 46.348. Traders also monitor the pivot point at 43.732 to determine the intraday trend direction.

Is BP PLC (BP) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for BP PLC (BP) is currently 35.279. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for BP PLC (BP)?

BP PLC (BP) Moving Averages Convergence Divergence (MACD) indicator is -0.804, suggesting BP is Neutral. This indicator helps identify potential trend reversals or momentum shifts for BP PLC.

How is BP PLC (BP) performing relative to its 200-day moving average?

BP PLC (BP) is currently trading at $41.87, which is above its 200-day simple moving average of 38.348. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.