(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 2024-02-02 View latest technical analysis
10 day averaged volume of Bhp Group is 2475020
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Fri Feb 2024 | 61.09 | 61.33 | 61.38 | 60.68 | 1.081 times |
| 01 Thu Feb 2024 | 61.96 | 61.39 | 62.04 | 61.29 | 0.721 times |
| 31 Wed Jan 2024 | 61.22 | 61.99 | 62.33 | 61.14 | 0.771 times |
| 30 Tue Jan 2024 | 61.77 | 61.59 | 61.91 | 60.89 | 1.182 times |
| 29 Mon Jan 2024 | 61.96 | 61.86 | 62.01 | 61.37 | 0.732 times |
| 26 Fri Jan 2024 | 61.96 | 61.83 | 62.02 | 61.49 | 0.587 times |
| 25 Thu Jan 2024 | 61.70 | 62.14 | 62.16 | 61.30 | 1.016 times |
| 24 Wed Jan 2024 | 62.17 | 63.14 | 63.21 | 62.14 | 1.291 times |
| 23 Tue Jan 2024 | 61.30 | 61.15 | 62.18 | 61.04 | 1.395 times |
| 22 Mon Jan 2024 | 60.12 | 59.80 | 60.42 | 59.70 | 1.305 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 60.7 as stoploss in an intra day buy trade for a target of 62.13. However, stock will show a bearish move below 60.7.
Share price targets for Bhp Group (BHP)
| Target Type | Value |
| Downside Target | 54.28 |
| Downside Target | 56.81 |
| Downside Target | 58.44 |
| Downside Target | 59.68 |
| Upside Target | 62.04 |
| Upside Target | 63.03 |
| Upside Target | 63.16 |
| Upside Target | 63.21 |
| Upside Target | 64.04 |
| 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 | 60.4 |
| Downside Intraday Target | 59.72 |
| Upside Intraday Target | 62.05 |
| Upside Intraday Target | 63.02 |
| Upside Intraday Target | 61.37 |
Weekly technical analysis of Bhp Group (BHP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Fri Feb 2024 | 61.09 | 61.86 | 62.33 | 60.68 | 0.802 times |
| 26 Fri Jan 2024 | 61.96 | 59.80 | 63.21 | 59.70 | 1.158 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 |
Price has moved down 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 |
| 02 Fri Feb 2024 | 61.09 | 61.39 | 62.04 | 60.68 | 0.079 times |
| 31 Wed Jan 2024 | 61.22 | 67.99 | 68.41 | 59.68 | 1.116 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 |
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Bhp Group stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Bhp Group in short term and the sell signal is strong.
Bhp Group Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Bhp Group in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying 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 61.46 and Bhp Group (BHP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Bhp Group stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Bhp Group in short term and the sell signal is strong.
Bhp Group Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Bhp Group in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying 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 61.46 and Bhp Group (BHP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive 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.