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 2.064, suggesting BP is Strong Buy.

BP PLC (BP) 20-Day simple moving average is 43.019, while BP PLC (BP) share price is $47.35, making it Buy.

BP PLC (BP) 60-Day simple moving average is 39.047, while BP PLC (BP) share price is $47.35, making it Buy.

Technical Analysis for BP

Technical Sentiment Analysis for BP PLC (BP) As of 2026-03-30, BP PLC (BP) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 10 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BP stands at 74.336, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 2.064, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 95.246 and the Commodity Channel Index (CCI) at 124.928 further confirm a 4.45 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, BP is trading above its 60-day moving average of $39.047 and above its 200-day long-term moving average of $35.502. Key price levels to watch include the immediate resistance at $47.751 and strong support at $42.772. A break above $47.751 could signal a bull continuation, while falling below $42.772 may test the next Fibonacci floor at $40.236.

BP PLC (BP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	37.792	40.236	42.772	45.215	47.751	50.195	52.73
Fibonacci	40.236	42.138	43.313	45.215	47.118	48.293	50.195

BP PLC (BP) Technical Indicators

2026-03-30

Name	Value
RSI_14	74.336
STOCHk_14_3_3	95.246
STOCHd_14_3_3	89.422
CCI_20	124.928
AO_5_34	4.926
MOM_10	4.45
MACD_12_26_9	2.064

BP PLC (BP) Relative Strength Index (RSI) is 74.336, creating a Sell signal.

BP PLC (BP) Stochastic Oscillator is 95.246, creating a Sell signal.

BP PLC (BP) Stochastic RSI is 89.422, creating a Sell signal.

BP PLC (BP) Commodity Channel Index (CCI) is 124.928, creating a Sell signal.

BP PLC (BP) Awesome Oscillator is 4.926, creating a Buy signal.

BP PLC (BP) Momentum is 4.45, creating a Buy signal.

BP PLC (BP) MACD is 2.064, creating a Buy signal.

BP PLC (BP) Moving Average

2026-03-30

Period	Simple	Signal
MA_5	46.08	Buy
MA_10	45.307	Buy
MA_20	43.019	Buy
MA_60	39.047	Buy
MA_200	35.502	Buy
MA_250	34.2	Buy

BP PLC (BP) 5-Day simple moving average is 46.08, while BP PLC (BP) share price is $47.35, making it a Buy.

BP PLC (BP) 10-Day simple moving average is 45.307, while BP PLC (BP) share price is $47.35, making it a Buy.

BP PLC (BP) 20-Day simple moving average is 43.019, while BP PLC (BP) share price is $47.35, making it a Buy.

BP PLC (BP) 60-Day simple moving average is 39.047, while BP PLC (BP) share price is $47.35, making it a Buy.

BP PLC (BP) 200-Day simple moving average is 35.502, while BP PLC (BP) share price is $47.35, making it a Buy.

BP PLC (BP) 250-Day simple moving average is 34.2, while BP PLC (BP) share price is $47.35, 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 Strong Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 4 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 42.772 and a major resistance level at 47.751. Traders also monitor the pivot point at 45.215 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 74.336. This indicates that the stock is in overbought 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 2.064, suggesting BP is Strong Buy. 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 $47.35, which is above its 200-day simple moving average of 35.502. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.