BPAQF Stock Forecast & BP p.l.c. Chart Analysis
This article provides a detailed analysis of BPAQF-BP p.l.c. stock including a forecast for BPAQF shares. It features BP p.l.c. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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BPAQF Historical Data Review
BPAQF Current Price Performance Analysis
The BP p.l.c. - BPAQF stock traded on the American stock market, on 06-05-2024, closed at 6.14$ with a %-1.76 decreased compared to the previous day.
In the last month, the price of BPAQF changed by %-6.83 decreased in value, from 6.59 dollars on 05-06-2024 to 6.14 dollars, decreased.
Last year, the price of BPAQF was 5.86 dollars on 06-06-2023, and changed by %4.78 increased in value, to 6.14 dollars increased within a year.
The price of BP p.l.c. stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
BPAQF with AI Stock Forecast & Price Target
On the BPAQF chart BP p.l.c. price was recorded as 6.14 Dollars on 06/05/2024.
The artificial intelligence's forecast on BPAQF stock is as follows.
The artificial intelligence's prediction error margin for BPAQF stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for BP p.l.c. stock over the next 4 months is: 5.7 Dollars.
The commentary on BPAQF stock Target Price: Highest: 6.228 Dollars is predicted.
The commentary on BPAQF stock Target Price: Lowest: 5.449 Dollars is predicted.
Resistance Price where BP p.l.c. stock will Rise and Fall:
Date | Price Prediction |
---|---|
10-03-2024 | 5.924 |
12-17-2024 | 5.872 |
Support Price where BP p.l.c. stock will Fall and Rise:
Date | Price Prediction |
---|---|
07-25-2024 | 5.598 |
11-12-2024 | 5.449 |
02-10-2025 | 5.567 |
The commentary on BPAQF stock: Fluctuations in the target price can be expected in the coming days.
The target price for BP p.l.c. stock by the end of 2024 is predicted to be 5.854 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on BPAQF stock, and the 2024 target price predictions for BP p.l.c. are detailed above.
The technical analysis and charts for the commentary on BPAQF stock are below.
BPAQF Support & Resistance and Trend Analysis
BPAQF stock you have reviewed the technical analysis support resistance charts regarding.
BPAQF : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the BPAQF review, the BP p.l.c. support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
BP p.l.c. Support and Resistance Prices:
BPAQF Support Level Price | BPAQF Resistance Level Price |
---|---|
5.30 | 6.08 |
5.55 | 6.18 |
5.59 | 6.26 |
5.65 | 6.33 |
5.76 | 6.45 |
5.78 | 6.64 |
5.87 | 6.65 |
5.90 | 6.70 |
5.95 | 6.81 |
6.05 | 6.85 |
BPAQF Technical Analysis: SMA, RSI, MACD
Upon reviewing the BPAQF chart, buy and sell signals have been generated in the BP p.l.c. technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for BPAQF stock are as follows:- The technical analysis for BP p.l.c. indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
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