(BHP) Bhp Group complete technical analysis [charts+indicators] | Buy/Sell Bhp Group | (BHP) share price targets
Complete technical analysis of Bhp Group (BHP) by charts plus indicators, forecast predictions and share price targets for Bhp Group (BHP)
Bhp Group trades in USA in Basic Industries sector.
Showing technical analysis as on 2024-01-19 View latest technical analysis
10 day averaged volume of Bhp Group is 2695050
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Fri Jan 2024 | 60.53 | 60.24 | 60.54 | 59.72 | 0.918 times |
| 18 Thu Jan 2024 | 60.48 | 60.06 | 60.49 | 59.68 | 1.132 times |
| 17 Wed Jan 2024 | 60.42 | 60.29 | 60.51 | 60.02 | 1.135 times |
| 16 Tue Jan 2024 | 61.52 | 62.19 | 62.22 | 61.15 | 1.251 times |
| 12 Fri Jan 2024 | 63.26 | 63.71 | 64.04 | 63.16 | 0.971 times |
| 12 Fri Jan 2024 | 63.26 | 63.71 | 64.04 | 63.16 | 0.971 times |
| 11 Thu Jan 2024 | 63.49 | 63.70 | 63.96 | 63.03 | 0.874 times |
| 10 Wed Jan 2024 | 63.67 | 63.92 | 64.28 | 63.58 | 1.104 times |
| 09 Tue Jan 2024 | 64.60 | 64.77 | 64.85 | 64.48 | 0.896 times |
| 08 Mon Jan 2024 | 66.02 | 65.04 | 66.13 | 64.96 | 0.864 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 62.4, but if it comes above 62.4, then a intra day buy could be more profitable.
If you take a sell trade below 62.4, then use 62.4 as stoploss and 58.9 as target. However if you take a buy trade in stock , then use 62.4 as stoploss and 65.26 as target.
Share price targets for Bhp Group (BHP)
| Target Type | Value |
| Downside Target | 54.28 |
| Downside Target | 56.81 |
| Downside Target | 58.44 |
| Upside Target | 62.22 |
| Upside Target | 64.04 |
| Upside Target | 65.63 |
| Upside Target | 66.13 |
| Upside Target | 68.01 |
| Upside Target | 68.41 |
| Upside Target | 68.55 |
| Upside Target | 69.11 |
Intraday share price targets for Bhp Group (BHP)
| Target Type | Value |
| Downside Intraday Target | 59.4 |
| Downside Intraday Target | 58.27 |
| Upside Intraday Target | 61.94 |
| Upside Intraday Target | 63.35 |
| Upside Intraday Target | 60.81 |
Weekly technical analysis of Bhp Group (BHP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Fri Jan 2024 | 60.53 | 62.19 | 62.22 | 59.68 | 4.572 times |
| 12 Fri Jan 2024 | 63.26 | 63.71 | 64.04 | 63.16 | 0.206 times |
| 12 Fri Jan 2024 | 63.26 | 65.04 | 66.13 | 63.03 | 1.416 times |
| 05 Fri Jan 2024 | 66.02 | 67.99 | 68.41 | 65.63 | 5.764 times |
| 29 Fri Dec 2023 | 68.31 | 68.33 | 68.55 | 68.01 | 0.215 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Bhp Group (BHP)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 19 Fri Jan 2024 | 60.53 | 67.99 | 68.41 | 59.68 | 0.713 times |
| 29 Fri Dec 2023 | 68.31 | 61.96 | 69.11 | 60.54 | 1.282 times |
| 30 Thu Nov 2023 | 60.96 | 57.54 | 62.67 | 56.81 | 0.683 times |
| 31 Tue Oct 2023 | 57.06 | 56.50 | 58.44 | 54.28 | 1.049 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Bhp Group (BHP)
Price action analysis of Bhp Group ( (BHP) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Bhp Group ( (BHP) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Bhp Group ( (BHP) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Bhp Group ( (BHP) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Bhp Group stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Bhp Group in short term and the sell signal is strong.
Bhp Group Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Bhp Group in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Bhp Group is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 62.59 and Bhp Group (BHP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Bhp Group (BHP) stock. Volume based technical analysis of Bhp Group (BHP) stock is negative.
Bhp Group Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Bhp Group ( (BHP) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Bhp Group ( (BHP) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Bhp Group ( (BHP) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Bhp Group ( (BHP) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Bhp Group stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Bhp Group in short term and the sell signal is strong.
Bhp Group Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Bhp Group in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Bhp Group is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 62.59 and Bhp Group (BHP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Bhp Group (BHP) stock. Volume based technical analysis of Bhp Group (BHP) stock is negative.
Bhp Group Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.