BP BP p.l.c.
BP p.l.c. (BP) trend channel, buy level and 3-month target on Trade The Path. Sector: Energy. Listed on NYSE. Levels below are fitted to this ticker's own swing highs and lows (TheilβSen, log-price), then projected 3 months. If this ticker has no settled sample yet, treat the numbers as a geometric read, not a track record. Information only, not financial advice.
In the sell zone, rising on both timeframes
Price has run up to the upper trend line β the level it has repeatedly stalled at.
Read from the last 12 months of history we hold: rising, drifting +40% a year. Price is above both fitted ceilings, so there is no line overhead to break β and no fitted resistance to price the target against either. What would overturn this: a close below US$42.56 β the floor of the channel being read β after which the trend, not the entry, is what was wrong.
- 12 months read from
- US$42.58 β US$45.36 Rising channel, +40% a year
- Position in that channel
- 101% above the ceiling of it β 0% is the floor, 100% the ceiling
Price history, with the path projected 3 months forward
- Daily close
- Upper trend line (12 months)
- Lower trend line (12 months)
- Dashed after today: projected 3 months
- Our buy
- Our target
Our target
No published call today because price has closed 3.5% clear above the channel, so the fitted lines no longer describe where it is. No alerts are sent. The buy and target below are still this site's read of the fitted channel.
Buy at or below
US$42.60
level as at 17 Sept 2026
Our target
US$45.12
by 16 Dec 2026
Projected move
5.9%
gross, before costs
Price is at or through our target.
- Upper line touches
- 3
- Lower line touches
- 4
- Fit confidence
- 52%
- Fitted
- 16 Sept 2026
Company information
Fundamentals are not available for this instrument from the current data provider.
Trend lines are fitted statistically to past swing highs and lows and projected forward on the assumption the same rhythm continues. It often does not. This is information, not advice.