Londinia Opportunities Analyses - 02/01/2023 (GMT) BP PLC DL-.25 - 1H
-
EUR
(-)
-
15 min delayed data - Germany Stocks
| Type: | Stocks |
| Ticker: | BPE5 |
| ISIN: | GB0007980591 |
- Europe Stocks
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 5.515 EUR
My targets
5.659 EUR (+1.31%)
5.790 EUR (+3.65%)
My analysis
The basic bullish trend is very strong on BP PLC DL-.25 but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 5.515 EUR. Crossing the first resistance at 5.659 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 5.790 EUR as an objective. Crossing it would then enable buyers to target 6.313 EUR. Caution, a return to below 5.515 EUR would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.5
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 5.586 EUR. The price registered an increase of +0.76% on the session and was between 5.518 EUR and 5.618 EUR. This implies that the price is at +1.23% from its lowest and at -0.57% from its highest.5.518
5.618
5.586
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
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 moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.325 | 5.382 | 5.515 | 5.586 | 5.590 | 5.659 | 5.790 |
| Change (%) | -4.67% | -3.65% | -1.27% | - | +0.07% | +1.31% | +3.65% |
| Change | -0.261 | -0.204 | -0.071 | - | +0.004 | +0.073 | +0.204 |
| Level | Minor | Intermediate | Intermediate | - | Minor | Major | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 5.388 | 5.433 | 5.489 | 5.534 | 5.590 | 5.635 | 5.691 |
| Camarilla | 5.516 | 5.526 | 5.535 | 5.544 | 5.553 | 5.563 | 5.572 |
| Woodie | 5.393 | 5.436 | 5.494 | 5.537 | 5.595 | 5.638 | 5.696 |
| Fibonacci | 5.433 | 5.472 | 5.496 | 5.534 | 5.573 | 5.597 | 5.635 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.068 | 5.196 | 5.388 | 5.516 | 5.708 | 5.836 | 6.028 |
| Camarilla | 5.491 | 5.520 | 5.550 | 5.579 | 5.608 | 5.638 | 5.667 |
| Woodie | 5.099 | 5.212 | 5.419 | 5.532 | 5.739 | 5.852 | 6.059 |
| Fibonacci | 5.196 | 5.319 | 5.394 | 5.516 | 5.639 | 5.714 | 5.836 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.968 | 5.123 | 5.334 | 5.489 | 5.700 | 5.855 | 6.066 |
| Camarilla | 5.443 | 5.477 | 5.511 | 5.544 | 5.578 | 5.611 | 5.645 |
| Woodie | 4.995 | 5.137 | 5.361 | 5.503 | 5.727 | 5.869 | 6.093 |
| Fibonacci | 5.123 | 5.263 | 5.350 | 5.489 | 5.629 | 5.716 | 5.855 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 60.31 | |
| MACD (12,26,9): | 0.0130 | |
| Directional Movement: | 11.593 | |
| AROON (14): | 57.143 | |
| DEMA (21): | 5.571 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.507 | |
| Elder Ray (13): | 0.028 | |
| Super Trend (3,10): | 5.504 | |
| Zig ZAG (10): | 5.603 | |
| VORTEX (21): | 0.9590 | |
| Stochastique (14,3,5): | 86.24 | |
| TEMA (21): | 5.567 | |
| Williams %R (14): | -17.99 | |
| Chande Momentum Oscillator (20): | 0.101 | |
| Repulse (5,40,3): | 0.0120 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0110 | |
| Courbe Coppock: | 0.74 |
| MA7: | 5.526 | |
| MA20: | 5.469 | |
| MA50: | 5.479 | |
| MA100: | 5.372 | |
| MAexp7: | 5.571 | |
| MAexp20: | 5.556 | |
| MAexp50: | 5.530 | |
| MAexp100: | 5.502 | |
| Price / MA7: | +1.09% | |
| Price / MA20: | +2.14% | |
| Price / MA50: | +1.95% | |
| Price / MA100: | +3.98% | |
| Price / MAexp7: | +0.27% | |
| Price / MAexp20: | +0.54% | |
| Price / MAexp50: | +1.01% | |
| Price / MAexp100: | +1.53% |
Quotes :
-
15 min delayed data
-
Actions Allemagne