Londinia Opportunities Analyses - 05/24/2022 (GMT) BP PLC DL-.25 - 1H

BP PLC DL-.25
- EUR (-)
- 15 min delayed data - Germany Stocks
Type: Stocks
Ticker: BPE5
ISIN: GB0007980591

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • Europe Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 4.9900 EUR
My targets
5.0970 EUR (+1.11%)
5.1625 EUR (+2.41%)
My analysis
BP PLC DL-.25 is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 4.9900 EUR. The next resistance located at 5.0970 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 5.1625 EUR. After this resistance, buyers could then target 5.7892 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.2

Analysis too old. There are no more charts available.

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Additional analysis

Quotes

The BP PLC DL-.25 price is 5.0410 EUR. On the day, this instrument gained +2.51% with the lowest point at 4.9950 EUR and the highest point at 5.0560 EUR. The deviation from the price is +0.92% for the low point and -0.30% for the high point.

4.9950
5.0560
5.0410

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by BP PLC DL-.25:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of BP PLC DL-.25 indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour


Near resistance of triangle

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 4.6354 4.9035 4.9900 5.0410 5.0970 5.1625 5.7892
Change (%) -8.05% -2.73% -1.01% - +1.11% +2.41% +14.84%
Change -0.4056 -0.1375 -0.0510 - +0.0560 +0.1215 +0.7482
Level Intermediate Intermediate Intermediate - Intermediate Intermediate Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.76004.83254.87504.94754.99005.06255.1050
Camarilla4.88594.89644.90704.91754.92804.93864.9491
Woodie4.74504.82504.86004.94004.97505.05505.0900
Fibonacci4.83254.87644.90364.94754.99145.01865.0625


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.49904.65454.78604.94155.07305.22855.3600
Camarilla4.83864.86494.89124.91754.94384.97014.9964
Woodie4.48704.64854.77404.93555.06105.22255.3480
Fibonacci4.65454.76414.83194.94155.05115.11895.2285


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.83494.08604.34984.60094.86475.11585.3796
Camarilla4.47204.51924.56644.61364.66084.70804.7552
Woodie3.84134.08924.35624.60414.87115.11905.3860
Fibonacci4.08604.28274.40424.60094.79764.91915.1158

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 57.53
MACD (12,26,9): 0.0256
Directional Movement: 7.8335
AROON (14): 42.8571
DEMA (21): 5.0269
Parabolic SAR (0,02-0,02-0,2): 4.9871
Elder Ray (13): 0.0183
Super Trend (3,10): 4.9186
Zig ZAG (10): 5.0410
VORTEX (21): 0.9656
Stochastique (14,3,5): 82.78
TEMA (21): 5.0403
Williams %R (14): -9.93
Chande Momentum Oscillator (20): 0.0930
Repulse (5,40,3): 0.5765
ROCnROLL: 1
TRIX (15,9): 0.0483
Courbe Coppock: 3.85
MA7: 4.9367
MA20: 4.7789
MA50: 4.6141
MA100: 4.5463
MAexp7: 5.0281
MAexp20: 4.9970
MAexp50: 4.9585
MAexp100: 4.9051
Price / MA7: +2.11%
Price / MA20: +5.48%
Price / MA50: +9.25%
Price / MA100: +10.88%
Price / MAexp7: +0.26%
Price / MAexp20: +0.88%
Price / MAexp50: +1.66%
Price / MAexp100: +2.77%

Quotes : - 15 min delayed data - Actions Allemagne