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 0.747, suggesting BP is Strong Buy.

BP PLC (BP) 20-Day simple moving average is 38.64, while BP PLC (BP) share price is $39.94, making it Buy.

BP PLC (BP) 60-Day simple moving average is 36.72, while BP PLC (BP) share price is $39.94, making it Buy.

Technical Analysis for BP

Technical Sentiment Analysis for BP PLC (BP) As of 2026-03-10, BP PLC (BP) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 9 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BP stands at 59.564, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.747, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 83.198 and the Commodity Channel Index (CCI) at 127.637 further confirm a 1.64 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, BP is trading above its 60-day moving average of $36.72 and above its 200-day long-term moving average of $34.447. Key price levels to watch include the immediate resistance at $41.208 and strong support at $37.273. A break above $41.208 could signal a bull continuation, while falling below $37.273 may test the next Fibonacci floor at $35.301.

BP PLC (BP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	33.338	35.301	37.273	39.236	41.208	43.171	45.143
Fibonacci	35.301	36.805	37.733	39.236	40.74	41.668	43.171

BP PLC (BP) Technical Indicators

2026-03-10

Name	Value
RSI_14	59.564
STOCHk_14_3_3	83.198
STOCHd_14_3_3	86.711
CCI_20	127.637
AO_5_34	1.573
MOM_10	1.64
MACD_12_26_9	0.747

BP PLC (BP) Relative Strength Index (RSI) is 59.564, creating a Neutral signal.

BP PLC (BP) Stochastic Oscillator is 83.198, creating a Sell signal.

BP PLC (BP) Stochastic RSI is 86.711, creating a Sell signal.

BP PLC (BP) Commodity Channel Index (CCI) is 127.637, creating a Sell signal.

BP PLC (BP) Awesome Oscillator is 1.573, creating a Buy signal.

BP PLC (BP) Momentum is 1.64, creating a Buy signal.

BP PLC (BP) MACD is 0.747, creating a Buy signal.

BP PLC (BP) Moving Average

2026-03-10

Period	Simple	Signal
MA_5	39.834	Buy
MA_10	39.244	Buy
MA_20	38.64	Buy
MA_60	36.72	Buy
MA_200	34.447	Buy
MA_250	33.61	Buy

BP PLC (BP) 5-Day simple moving average is 39.834, while BP PLC (BP) share price is $39.94, making it a Buy.

BP PLC (BP) 10-Day simple moving average is 39.244, while BP PLC (BP) share price is $39.94, making it a Buy.

BP PLC (BP) 20-Day simple moving average is 38.64, while BP PLC (BP) share price is $39.94, making it a Buy.

BP PLC (BP) 60-Day simple moving average is 36.72, while BP PLC (BP) share price is $39.94, making it a Buy.

BP PLC (BP) 200-Day simple moving average is 34.447, while BP PLC (BP) share price is $39.94, making it a Buy.

BP PLC (BP) 250-Day simple moving average is 33.61, while BP PLC (BP) share price is $39.94, 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 3 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 37.273 and a major resistance level at 41.208. Traders also monitor the pivot point at 39.236 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 59.564. 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 0.747, 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 $39.94, which is above its 200-day simple moving average of 34.447. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.