(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 2024-01-23 View latest technical analysis
10 day averaged volume of Bhp Group is 2816830
Date | Daily Closing Price | Open | High | Low | Volume |
23 Tue Jan 2024 | 61.30 | 61.15 | 62.18 | 61.04 | 1.226 times |
22 Mon Jan 2024 | 60.12 | 59.80 | 60.42 | 59.70 | 1.147 times |
19 Fri Jan 2024 | 60.53 | 60.24 | 60.54 | 59.72 | 0.879 times |
18 Thu Jan 2024 | 60.48 | 60.06 | 60.49 | 59.68 | 1.083 times |
17 Wed Jan 2024 | 60.42 | 60.29 | 60.51 | 60.02 | 1.086 times |
16 Tue Jan 2024 | 61.52 | 62.19 | 62.22 | 61.15 | 1.197 times |
12 Fri Jan 2024 | 63.26 | 63.71 | 64.04 | 63.16 | 0.929 times |
12 Fri Jan 2024 | 63.26 | 63.71 | 64.04 | 63.16 | 0.929 times |
11 Thu Jan 2024 | 63.49 | 63.70 | 63.96 | 63.03 | 0.836 times |
10 Wed Jan 2024 | 63.67 | 63.92 | 64.28 | 63.58 | 1.057 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 61.5, but if it comes above 61.5, then a intra day buy could be more profitable.
If you take a sell trade below 61.5, then use 61.5 as stoploss and 57.8 as target. However if you take a buy trade in stock , then use 61.5 as stoploss and 64.53 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 | 62.18 |
Upside Target | 63.03 |
Upside Target | 63.16 |
Upside Target | 64.04 |
Upside Target | 65.63 |
Upside Target | 66.13 |
Upside Target | 68.41 |
Upside Target | 69.11 |
Intraday share price targets for Bhp Group (BHP)
Target Type | Value |
Downside Intraday Target | 59.94 |
Downside Intraday Target | 58.58 |
Upside Intraday Target | 62.42 |
Upside Intraday Target | 63.54 |
Downside Intraday Target | 61.06 |
Weekly technical analysis of Bhp Group (BHP)
Date | Weekly Closing Price | Open | High | Low | Volume |
23 Tue Jan 2024 | 61.30 | 59.80 | 62.18 | 59.70 | 0.559 times |
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 |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Bhp Group (BHP)
Date | Monthly Closing Price | Open | High | Low | Volume |
23 Tue Jan 2024 | 61.30 | 67.99 | 68.41 | 59.68 | 0.845 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Bhp Group is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 61.72 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Bhp Group is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 61.72 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.