BP PLC Stock Forecast - Period Momentum Indicator

BPE Stock  EUR 4.48  0.01  0.22%   
BPE Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of BP PLC's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
BP PLC DZ1 has current Period Momentum Indicator of (0.01). Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
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BP PLC Trading Date Momentum

On November 30 2024 BP PLC DZ1 was traded for  4.48  at the closing time. The highest daily price throughout the period was 4.52  and the lowest price was  4.42 . There was no trading activity during the period 0.0. Lack of trading volume on 11/30/2024 did not affect price variability. The overall trading delta to current closing price is 0.45% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for BP PLC

For every potential investor in BPE, whether a beginner or expert, BP PLC's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. BPE Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in BPE. Basic forecasting techniques help filter out the noise by identifying BP PLC's price trends.

BP PLC Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with BP PLC stock to make a market-neutral strategy. Peer analysis of BP PLC could also be used in its relative valuation, which is a method of valuing BP PLC by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

BP PLC DZ1 Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of BP PLC's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of BP PLC's current price.

BP PLC Market Strength Events

Market strength indicators help investors to evaluate how BP PLC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BP PLC shares will generate the highest return on investment. By undertsting and applying BP PLC stock market strength indicators, traders can identify BP PLC DZ1 entry and exit signals to maximize returns.

BP PLC Risk Indicators

The analysis of BP PLC's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in BP PLC's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bpe stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Currently Active Assets on Macroaxis

Other Information on Investing in BPE Stock

BP PLC financial ratios help investors to determine whether BPE Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in BPE with respect to the benefits of owning BP PLC security.