(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 2024-05-14 View latest technical analysis
10 day averaged volume of Bhp Group is 1893620
Date | Daily Closing Price | Open | High | Low | Volume |
14 Tue May 2024 | 58.79 | 59.28 | 59.38 | 58.50 | 1.345 times |
13 Mon May 2024 | 57.18 | 57.42 | 57.67 | 57.17 | 0.784 times |
10 Fri May 2024 | 57.19 | 57.50 | 57.67 | 57.13 | 0.824 times |
09 Thu May 2024 | 57.12 | 56.73 | 57.13 | 56.43 | 0.819 times |
08 Wed May 2024 | 56.50 | 56.58 | 56.76 | 56.35 | 0.782 times |
07 Tue May 2024 | 57.47 | 57.56 | 57.71 | 57.31 | 1.079 times |
06 Mon May 2024 | 56.86 | 56.86 | 56.92 | 56.60 | 0.624 times |
03 Fri May 2024 | 56.26 | 56.26 | 56.74 | 55.92 | 1.103 times |
02 Thu May 2024 | 55.58 | 55.76 | 56.35 | 55.51 | 1.469 times |
01 Wed May 2024 | 55.00 | 55.30 | 55.74 | 54.81 | 1.219 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 58.4, but if it comes below 58.4, then a intra day sell could be more profitable.
If you take a sell trade below 58.4, then use 58.4 as stoploss and 57.23 as target. However if you take a buy trade in stock , then use 58.4 as stoploss and 59.8 as target.
Share price targets for Bhp Group (BHP)
Target Type | Value |
Downside Target | 54.81 |
Upside Target | 59.09 |
Upside Target | 59.30 |
Upside Target | 59.38 |
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 | 57.51 |
Downside Intraday Target | 56.24 |
Upside Intraday Target | 59.72 |
Upside Intraday Target | 60.66 |
Downside Intraday Target | 58.45 |
Weekly technical analysis of Bhp Group (BHP)
Date | Weekly Closing Price | Open | High | Low | Volume |
14 Tue May 2024 | 58.79 | 57.42 | 59.38 | 57.17 | 0.516 times |
10 Fri May 2024 | 57.19 | 56.86 | 57.71 | 56.35 | 0.644 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 |
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 |
14 Tue May 2024 | 58.79 | 55.30 | 59.38 | 54.81 | 0.295 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 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 to mid 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Bhp Group in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Bhp Group Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 56.75 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 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 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 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 to mid 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Bhp Group in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Bhp Group Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 56.75 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 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.