Bp Plc Adr Stock Technical Analysis

BP Stock  USD 37.46  0.11  0.29%   
As of the 28th of March, BP PLC owns the Market Risk Adjusted Performance of 0.1436, standard deviation of 1.19, and Coefficient Of Variation of 1099.6. BP PLC ADR technical analysis gives you the methodology to make use of past data patterns to determine a pattern that approximates the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for BP PLC, which can be compared to its peers in the sector. Please confirm BP PLC ADR information ratio, and the relationship between the downside deviation and value at risk to decide if BP PLC ADR is priced fairly, providing market reflects its prevailing price of 37.46 per share. Given that BP PLC ADR has jensen alpha of 0.0069, we suggest you to validate BP PLC's latest market performance to make sure the company can sustain itself sooner or later.

BP PLC Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as BP PLC, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BP PLC
  
BP PLC's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

BP PLC Analyst Consensus

Target PriceAdvice# of Analysts
45.09Buy16Odds
BP PLC ADR current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most BP PLC analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand BP PLC stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of BP PLC ADR, talking to its executives and customers, or listening to BP PLC conference calls.
BP PLC Analyst Advice Details
BP PLC technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of BP PLC technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of BP PLC trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

BP PLC ADR Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of BP PLC ADR volatility. High ATR values indicate high volatility, and low values indicate low volatility.

BP PLC ADR Trend Analysis

Use this graph to draw trend lines for BP PLC ADR. You can use it to identify possible trend reversals for BP PLC as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual BP PLC price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

BP PLC Best Fit Change Line

The following chart estimates an ordinary least squares regression model for BP PLC ADR applied against its price change over selected period. The best fit line has a slop of   0.06  , which suggests that BP PLC ADR will keep on generating value for investors. It has 122 observation points and a regression sum of squares at 124.97, which is the sum of squared deviations for the predicted BP PLC price change compared to its average price change.

About BP PLC Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of BP PLC ADR on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of BP PLC ADR based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on BP PLC ADR price pattern first instead of the macroeconomic environment surrounding BP PLC ADR. By analyzing BP PLC's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of BP PLC's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to BP PLC specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2023 (projected)
Dividend Yield0.04820.047
Price To Sales Ratio0.570.49

BP PLC March 28, 2024 Technical Indicators

Most technical analysis of BP PLC help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for BP PLC from various momentum indicators to cycle indicators. When you analyze BP PLC charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

BP PLC March 28, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as BP PLC stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether BP PLC ADR is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if BP PLC Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Bp Plc Adr Stock. Highlighted below are key reports to facilitate an investment decision about Bp Plc Adr Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BP PLC ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Complementary Tools for BP PLC Stock analysis

When running BP PLC's price analysis, check to measure BP PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BP PLC is operating at the current time. Most of BP PLC's value examination focuses on studying past and present price action to predict the probability of BP PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BP PLC's price. Additionally, you may evaluate how the addition of BP PLC to your portfolios can decrease your overall portfolio volatility.
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Is BP PLC's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BP PLC. If investors know BP PLC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BP PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.96)
Dividend Share
0.284
Earnings Share
5.15
Revenue Per Share
18.003
Quarterly Revenue Growth
(0.25)
The market value of BP PLC ADR is measured differently than its book value, which is the value of BP PLC that is recorded on the company's balance sheet. Investors also form their own opinion of BP PLC's value that differs from its market value or its book value, called intrinsic value, which is BP PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BP PLC's market value can be influenced by many factors that don't directly affect BP PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BP PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if BP PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BP PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.