A report on a research topic linked to the BP share price Essay

A report on a research topic linked to the BP share price - Essay Example The reason for this fluctuation is elaborated in the report by considering each year’s share price performance. The raw data available regarding the share price of BP is divided into three parts, considering five years and four years intervals. The data is analysed in order to study the movement of share price during the periods, along with operation of the company. The technical analysis in form of graphical representation of raw data is employed in order to examine movement of shares over the years. The report highlights the main aim of the study, along with three research questions, which describes the aim. Lastly, the report ends with a conclusion and recommendations pertaining to performance of the share price of BP. Before undertaking a research, realizing the research aim is very important so as to define what the researcher desires to find out. However, the research objective describes the process, which will help in achieving the proposed aim. The main aim of the study is to examine performance of the share prices of BP PLC, over the period of 2000-2013. Share price movement is observed in order to draw a conclusion on performance of the company over the years. In order to find answers to the abovementioned research questions, technical analysis has been employed. Technical analysis refers to forecast of financial price movements in the future based on the past data available for a particular stock. The price actions are studied in order to get a clear picture of movement in share prices. The technical analysis helps to determine the share price trend as bullish or bearish and accordingly, future movement of the share is established. It helps to invest money in trade since the analysis provides an idea regarding trend of the market. The movement in share prices is described in form of graphical representation by dividing the raw price data of BP shares into three parts; considering the interval to be 5 - 5 - 4