BP PLC

BP is in a Stage 2 advancing phase with clear higher highs and higher lows supported by rising EMAs. However, price is currently extended into extreme overbought territory, making immediate timing unfavorable. The medium-term bias remains bullish under the advancing regime, but we will stalk for controlled pullbacks into the rising 20/50-day EMA support zone before engaging.

• ↑Oil price surge amid geopolitical tensions lifted BP shares 3.4% and boosted upstream margins.
• ↑Stable 4.45% dividend yield with 57% payout ratio and 8.6% three-year growth.
• ↓Negative earnings revisions signal analysts expect declining EPS momentum ahead.