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 -1.035, suggesting BP is Neutral.

BP PLC (BP) 20-Day simple moving average is 42.54, while BP PLC (BP) share price is $39.1, making it Sell.

BP PLC (BP) 60-Day simple moving average is 44.782, while BP PLC (BP) share price is $39.1, making it Sell.

Technical Analysis for BP

Technical Sentiment Analysis for BP PLC (BP) As of 2026-06-18, BP PLC (BP) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 7 indicators are flashing buy, while 8 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BP stands at 28.477, which suggests a Buy condition. Meanwhile, the MACD (12, 26) indicator is at -1.035, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 5.846 and the Commodity Channel Index (CCI) at -212.061 further confirm a -4.94 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, BP is trading above its 60-day moving average of $44.782 and above its 200-day long-term moving average of $38.896. Key price levels to watch include the immediate resistance at $44.515 and strong support at $39.08. A break above $44.515 could signal a bull continuation, while falling below $39.08 may test the next Fibonacci floor at $36.185.

BP PLC (BP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	33.645	36.185	39.08	41.62	44.515	47.055	49.95
Fibonacci	36.185	38.261	39.544	41.62	43.696	44.979	47.055

BP PLC (BP) Technical Indicators

2026-06-18

Name	Value
RSI_14	28.477
STOCHk_14_3_3	5.846
STOCHd_14_3_3	14.504
CCI_20	-212.061
AO_5_34	-2.602
MOM_10	-4.94
MACD_12_26_9	-1.035

BP PLC (BP) Relative Strength Index (RSI) is 28.477, creating a Buy signal.

BP PLC (BP) Stochastic Oscillator is 5.846, creating a Buy signal.

BP PLC (BP) Stochastic RSI is 14.504, creating a Buy signal.

BP PLC (BP) Commodity Channel Index (CCI) is -212.061, creating a Buy signal.

BP PLC (BP) Awesome Oscillator is -2.602, creating a Sell signal.

BP PLC (BP) Momentum is -4.94, creating a Sell signal.

BP PLC (BP) MACD is -1.035, creating a Sell signal.

BP PLC (BP) Moving Average

2026-06-18

Period	Simple	Signal
MA_5	40.952	Sell
MA_10	41.975	Sell
MA_20	42.54	Sell
MA_60	44.782	Sell
MA_200	38.896	Buy
MA_250	37.656	Buy

BP PLC (BP) 5-Day simple moving average is 40.952, while BP PLC (BP) share price is $39.1, making it a Sell.

BP PLC (BP) 10-Day simple moving average is 41.975, while BP PLC (BP) share price is $39.1, making it a Sell.

BP PLC (BP) 20-Day simple moving average is 42.54, while BP PLC (BP) share price is $39.1, making it a Sell.

BP PLC (BP) 60-Day simple moving average is 44.782, while BP PLC (BP) share price is $39.1, making it a Sell.

BP PLC (BP) 200-Day simple moving average is 38.896, while BP PLC (BP) share price is $39.1, making it a Buy.

BP PLC (BP) 250-Day simple moving average is 37.656, while BP PLC (BP) share price is $39.1, 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 5 buy signals and 4 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 39.08 and a major resistance level at 44.515. Traders also monitor the pivot point at 41.62 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 28.477. This indicates that the stock is in oversold 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 -1.035, 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 $39.1, which is above its 200-day simple moving average of 38.896. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.