(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 2024-05-07 View latest technical analysis
10 day averaged volume of Bhp Group is 2641800
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 57.47 | 57.56 | 57.71 | 57.31 | 0.774 times |
| 06 Mon May 2024 | 56.86 | 56.86 | 56.92 | 56.60 | 0.447 times |
| 03 Fri May 2024 | 56.26 | 56.26 | 56.74 | 55.92 | 0.79 times |
| 02 Thu May 2024 | 55.58 | 55.76 | 56.35 | 55.51 | 1.053 times |
| 01 Wed May 2024 | 55.00 | 55.30 | 55.74 | 54.81 | 0.874 times |
| 30 Tue Apr 2024 | 55.16 | 56.23 | 56.34 | 55.16 | 0.93 times |
| 29 Mon Apr 2024 | 56.81 | 55.88 | 56.90 | 55.87 | 0.947 times |
| 26 Fri Apr 2024 | 56.43 | 56.91 | 56.91 | 55.80 | 1.539 times |
| 25 Thu Apr 2024 | 57.21 | 57.37 | 58.13 | 57.09 | 1.503 times |
| 24 Wed Apr 2024 | 59.24 | 59.10 | 59.30 | 58.69 | 0.781 times |
My analysis of stock is bearish for shortterm, and stock might move down till 56.2 or till 54.5. Use a stoploss of 57.58 and if the stock hits stoploss, then it can shoot up till 58.97
Share price targets for Bhp Group (BHP)
| Target Type | Value |
| Downside Target | 54.81 |
| Upside Target | 58.54 |
| Upside Target | 59.09 |
| Upside Target | 59.30 |
| Upside Target | 59.68 |
| Upside Target | 59.98 |
| Upside Target | 60.54 |
| Upside Target | 62.04 |
| Upside Target | 68.41 |
Intraday share price targets for Bhp Group (BHP)
| Target Type | Value |
| Downside Intraday Target | 56.81 |
| Downside Intraday Target | 56.15 |
| Upside Intraday Target | 57.92 |
| Upside Intraday Target | 58.37 |
| Downside Intraday Target | 57.26 |
Weekly technical analysis of Bhp Group (BHP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 57.47 | 56.86 | 57.71 | 56.60 | 0.266 times |
| 03 Fri May 2024 | 56.26 | 55.88 | 56.90 | 54.81 | 0.806 times |
| 26 Fri Apr 2024 | 56.43 | 57.91 | 59.30 | 55.80 | 1.101 times |
| 19 Fri Apr 2024 | 58.12 | 59.76 | 59.98 | 56.61 | 0.897 times |
| 12 Fri Apr 2024 | 58.56 | 59.10 | 60.54 | 58.54 | 0.987 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 |
| 07 Tue May 2024 | 57.47 | 55.30 | 57.71 | 54.81 | 0.162 times |
| 30 Tue Apr 2024 | 55.16 | 58.25 | 60.54 | 55.16 | 1.247 times |
| 28 Thu Mar 2024 | 57.69 | 57.86 | 59.09 | 55.09 | 1.062 times |
| 29 Thu Feb 2024 | 57.34 | 61.39 | 62.04 | 56.79 | 0.857 times |
Scroll below to view daily charts
Price has moved up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Bhp Group ( (BHP) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Bhp Group stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Bhp Group in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Bhp Group in short term and BUY signal is strong.
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
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 56.56 and Bhp Group (BHP) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Bhp Group ( (BHP) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Bhp Group stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Bhp Group in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Bhp Group in short term and BUY signal is strong.
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
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 56.56 and Bhp Group (BHP) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.