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 0.574, suggesting BP is Strong Buy.

BP PLC (BP) 20-Day simple moving average is 37.703, while BP PLC (BP) share price is $38.19, making it Buy.

BP PLC (BP) 60-Day simple moving average is 36.036, while BP PLC (BP) share price is $38.19, making it Buy.

Technical Analysis for BP

Technical Sentiment Analysis for BP PLC (BP) As of 2026-02-18, BP PLC (BP) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 10 indicators are flashing buy, while 1 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BP stands at 55.078, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.574, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 48.512 and the Commodity Channel Index (CCI) at 43.816 further confirm a -0.7 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, BP is trading above its 60-day moving average of $36.036 and above its 200-day long-term moving average of $33.766. Key price levels to watch include the immediate resistance at $39.733 and strong support at $36.373. A break above $39.733 could signal a bull continuation, while falling below $36.373 may test the next Fibonacci floor at $34.582.

BP PLC (BP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	33.013	34.582	36.373	37.942	39.733	41.302	43.093
Fibonacci	34.582	35.865	36.658	37.942	39.225	40.018	41.302

BP PLC (BP) Technical Indicators

2026-02-18

Name	Value
RSI_14	55.078
STOCHk_14_3_3	48.512
STOCHd_14_3_3	45.668
CCI_20	43.816
AO_5_34	1.279
MOM_10	-0.7
MACD_12_26_9	0.574

BP PLC (BP) Relative Strength Index (RSI) is 55.078, creating a Neutral signal.

BP PLC (BP) Stochastic Oscillator is 48.512, creating a Neutral signal.

BP PLC (BP) Stochastic RSI is 45.668, creating a Neutral signal.

BP PLC (BP) Commodity Channel Index (CCI) is 43.816, creating a Neutral signal.

BP PLC (BP) Awesome Oscillator is 1.279, creating a Buy signal.

BP PLC (BP) Momentum is -0.7, creating a Sell signal.

BP PLC (BP) MACD is 0.574, creating a Buy signal.

BP PLC (BP) Moving Average

2026-02-18

Period	Simple	Signal
MA_5	37.816	Buy
MA_10	38.165	Buy
MA_20	37.703	Buy
MA_60	36.036	Buy
MA_200	33.766	Buy
MA_250	33.251	Buy

BP PLC (BP) 5-Day simple moving average is 37.816, while BP PLC (BP) share price is $38.19, making it a Buy.

BP PLC (BP) 10-Day simple moving average is 38.165, while BP PLC (BP) share price is $38.19, making it a Buy.

BP PLC (BP) 20-Day simple moving average is 37.703, while BP PLC (BP) share price is $38.19, making it a Buy.

BP PLC (BP) 60-Day simple moving average is 36.036, while BP PLC (BP) share price is $38.19, making it a Buy.

BP PLC (BP) 200-Day simple moving average is 33.766, while BP PLC (BP) share price is $38.19, making it a Buy.

BP PLC (BP) 250-Day simple moving average is 33.251, while BP PLC (BP) share price is $38.19, 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 1 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 36.373 and a major resistance level at 39.733. Traders also monitor the pivot point at 37.942 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 55.078. 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 0.574, 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 $38.19, which is above its 200-day simple moving average of 33.766. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.