BP.L chart analysis today
BP.L is 106 days into a downtrend, pulling back inside a bull flag under a weekly downtrend. It poked above the flag 1 day ago without closing there. 513.00 ends the flag, 540.47 resumes the rise.
BP · daily · last close 538.10 · read computed from candles through 2026-09-02. No AI, no signal, no target.
The two prices that decide it
- Above
- 540.47 · the bull flag
- Below
- 513.00 · the bull flag
- Formation state
- Poked above 540.47 1 day ago without closing there. Still forming.
- Trend
- lower highs and lower lows over the window, 5 steps across 106 bars, still intact
- Agreement
- Structure 1 of 4 (low) · indicators 1 of 3 (low)
Levels and what happened there
- Resistance 573.70
- Resistance 587.92
- The last six times price reached 573.70 it held 5 times, bouncing 8.4% on average, and broke through once.
- The last seven times price reached 587.92 it held every time, bouncing 9.5% on average.
- Bigger picture Weekly down, daily pulling back. weekly — downtrend intact, falling wedge at 543.36.
- 52 weeks 12% below its 52-week high of 609.40 and 35% above its 52-week low of 399.35.
Read your own BP.L chart, on any timeframe
This page is the daily read as of 2026-09-02, computed when the site was last built. On /analyze the same engine reads the live candles on five timeframes, or a screenshot from any charting app, and Coach Chad writes it up. 1 free read every 7 days, no account.
Analyze BP.L now →Every figure on this page was computed from real candle data through 2026-09-02 by the same deterministic engine that reads a chart on /analyze; no language model was involved. It describes what is on the chart. It is not advice, a signal, a forecast or a recommendation. Learn to read it yourself in the chart-reading series.