BP's AI trading robot exceeds expectations with 7.08% profit.
First, let's examine the technical analysis. The AI trading robot from Trend Trader: Popular Stocks (TA&FA) was a top performer in Tickeron's robot factory over a week, generating 7.08% for BP. However, it's important to note that technical analysis alone cannot predict future performance with complete accuracy.
The Moving Average Convergence Divergence Histogram (MACD) is a technical indicator that can signal potential changes in a stock's trend. On April 25, 2023, BP's MACD turned negative, indicating a potential downward trend. Tickeron's A.I.dvisor looked at 44 instances where the indicator turned negative and found that in 28 of those cases, the stock moved lower in the days that followed, putting the odds of a downward move at 64%. This suggests that there may be a bearish trend in BP's future.
Now, let's examine BP's recent earnings report. On May 02, BP reported earnings per share of $1.66, beating the estimated $1.38. This positive earnings surprise is a strong fundamental indicator and suggests that the company may be performing well. Additionally, with 1.05 million shares outstanding and a market capitalization of $109.09 billion, BP is a large and established company with a significant presence in the market.
BP in upward trend: 10-day moving average crossed above 50-day moving average on January 06, 2025
The 10-day moving average for BP crossed bullishly above the 50-day moving average on January 06, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on December 31, 2024. You may want to consider a long position or call options on BP as a result. In of 90 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for BP just turned positive on December 31, 2024. Looking at past instances where BP's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .
BP moved above its 50-day moving average on December 31, 2024 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BP advanced for three days, in of 308 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The 10-day RSI Indicator for BP moved out of overbought territory on January 08, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 29 similar instances where the indicator moved out of overbought territory. In of the 29 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
BP broke above its upper Bollinger Band on January 03, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. BP’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. BP’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 69, placing this stock worse than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.520) is normal, around the industry mean (1.194). P/E Ratio (7.366) is within average values for comparable stocks, (24.146). BP's Projected Growth (PEG Ratio) (13.379) is slightly higher than the industry average of (4.841). Dividend Yield (0.045) settles around the average of (0.111) among similar stocks. P/S Ratio (0.534) is also within normal values, averaging (0.975).
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General Information
a producer of petroleum, natural gas and related products
Industry IntegratedOil