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.N) Moving Averages Convergence Divergence (MACD) indicator is 0.544, suggesting BP.N is Strong buy.

BP PLC (BP.N) 20-Day simple moving average is 35.455, while BP PLC (BP.N) share price is $38.33, making it Buy.

BP PLC (BP.N) 60-Day simple moving average is 35.58, while BP PLC (BP.N) share price is $38.33, making it Buy.

Technical Analysis for BP

Technical Sentiment Analysis for BP PLC (BP) As of 2026-01-28, BP PLC (BP) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 9 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 65.727, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.544, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 96.866 and the Commodity Channel Index (CCI) at 187.941 further confirm a 2.34 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, BP is trading above its 60-day moving average of $35.58 and above its 200-day long-term moving average of $33.061. Key price levels to watch include the immediate resistance at $37.792 and strong support at $34.617. A break above $37.792 could signal a bull continuation, while falling below $34.617 may test the next Fibonacci floor at $33.089.

BP PLC (BP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	31.442	33.089	34.617	36.264	37.792	39.439	40.967
Fibonacci	33.089	34.302	35.051	36.264	37.477	38.226	39.439

BP PLC (BP) Technical Indicators

2026-01-28

Name	Value
RSI_14	65.727
STOCHk_14_3_3	96.866
STOCHd_14_3_3	93.47
CCI_20	187.941
AO_5_34	1.581
MOM_10	2.34
MACD_12_26_9	0.544

BP PLC (BP) Relative Strength Index (RSI) is 65.727, creating a Neutral signal.

BP PLC (BP) Stochastic Oscillator is 96.866, creating a Sell signal.

BP PLC (BP) Stochastic RSI is 93.47, creating a Sell signal.

BP PLC (BP) Commodity Channel Index (CCI) is 187.941, creating a Sell signal.

BP PLC (BP) Awesome Oscillator is 1.581, creating a Buy signal.

BP PLC (BP) Momentum is 2.34, creating a Buy signal.

BP PLC (BP) MACD is 0.544, creating a Buy signal.

BP PLC (BP) Moving Average

2026-01-28

Period	Simple	Signal
MA_5	36.808	Buy
MA_10	36.146	Buy
MA_20	35.455	Buy
MA_60	35.58	Buy
MA_200	33.061	Buy
MA_250	32.945	Buy

BP PLC (BP) 5-Day simple moving average is 36.808, while BP PLC (BP) share price is $38.33, making it a Buy.

BP PLC (BP) 10-Day simple moving average is 36.146, while BP PLC (BP) share price is $38.33, making it a Buy.

BP PLC (BP) 20-Day simple moving average is 35.455, while BP PLC (BP) share price is $38.33, making it a Buy.

BP PLC (BP) 60-Day simple moving average is 35.58, while BP PLC (BP) share price is $38.33, making it a Buy.

BP PLC (BP) 200-Day simple moving average is 33.061, while BP PLC (BP) share price is $38.33, making it a Buy.

BP PLC (BP) 250-Day simple moving average is 32.945, while BP PLC (BP) share price is $38.33, 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 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 34.617 and a major resistance level at 37.792. Traders also monitor the pivot point at 36.264 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 65.727. 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 0.544, 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 $38.33, which is above its 200-day simple moving average of 33.061. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.