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BP Technical Analysis

BP p.l.c. Sponsored ADR — AI-powered chart analysis updated daily after market close

Multi-Timeframe Overview

Daily
PARABOLIC
Weekly
PARABOLIC
Monthly
BREAKOUT REVERSAL

As of March 24, 2026, BP (BP p.l.c. Sponsored ADR) is in a parabolic state on the daily timeframe with 72% confidence. The weekly chart shows a parabolic pattern (68% confidence), while the monthly timeframe indicates breakout reversal.

BP BP p.l.c. Sponsored ADR daily candlestick chart with moving averages and RSI — parabolic
Daily PARABOLIC
Strong breakout from the prior range with a steep HH/HL push; price extended above all key MAs after a high-volume surge, now printing a small pullback candle near the top.
BP BP p.l.c. Sponsored ADR weekly candlestick chart with moving averages and RSI — parabolic
Weekly PARABOLIC
Weekly breakout with strong green expansion candles; price at $43.57 is extended above rising EMA50/EMA100 and all major SMAs; RSI(14) ~70 suggests short-term overbought.
BP BP p.l.c. Sponsored ADR monthly candlestick chart with moving averages and RSI — breakout reversal
Monthly BREAKOUT REVERSAL
Monthly breakout with a large green impulse candle to ~$43.57, clearing the prior swing resistance area and reclaiming the long MAs; RSI ~68 suggests strong momentum but near extended.

Frequently Asked Questions

What is the current technical outlook for BP?

As of March 24, 2026, BP (BP p.l.c. Sponsored ADR) is in a parabolic state on the daily timeframe with 72% confidence. Strong breakout from the prior range with a steep HH/HL push; price extended above all key MAs after a high-volume surge, now printing a small pullback candle near the top.

What are the support and resistance levels for BP?

On the daily chart, BP has key support at $41.8 and resistance at $46.5. On the weekly chart, support sits at $39.0 with resistance at $46.5. The monthly timeframe shows support at $37.7 and resistance at $46.0.

What timeframes are available for BP?

FolioCharts provides daily, weekly, and monthly technical analysis for BP. Each timeframe is analysed independently by AI agents using moving averages, RSI, and price action.

How often is BP analysis updated?

BP technical analysis is updated daily after the US market close. AI agents re-analyse all timeframes using the latest OHLCV price data. Learn more about our methodology.

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