(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 2024-06-04 View latest technical analysis
10 day averaged volume of Bhp Group is 2393269
Date | Daily Closing Price | Open | High | Low | Volume |
04 Tue Jun 2024 | 58.07 | 57.92 | 58.20 | 57.37 | 1.541 times |
03 Mon Jun 2024 | 59.38 | 59.03 | 59.40 | 58.47 | 0.862 times |
31 Fri May 2024 | 59.53 | 59.59 | 59.88 | 58.67 | 0.846 times |
30 Thu May 2024 | 58.66 | 59.55 | 59.68 | 58.54 | 0.932 times |
29 Wed May 2024 | 59.45 | 60.07 | 60.84 | 59.41 | 1.34 times |
28 Tue May 2024 | 59.60 | 59.97 | 60.19 | 59.30 | 0.885 times |
24 Fri May 2024 | 59.63 | 58.83 | 59.75 | 58.79 | 1.001 times |
23 Thu May 2024 | 58.75 | 59.04 | 59.24 | 58.33 | 0.888 times |
22 Wed May 2024 | 58.73 | 61.29 | 61.29 | 58.67 | 1.513 times |
21 Tue May 2024 | 61.63 | 61.69 | 62.28 | 61.44 | 0.747 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 57.6 as stoploss in an intra day buy trade for a target of 59. However, stock will show a bearish move below 57.6.
Share price targets for Bhp Group (BHP)
Target Type | Value |
Downside Target | 54.81 |
Downside Target | 56.35 |
Upside Target | 59.09 |
Upside Target | 59.40 |
Upside Target | 60.54 |
Upside Target | 60.84 |
Upside Target | 61.61 |
Upside Target | 62.04 |
Upside Target | 62.28 |
Intraday share price targets for Bhp Group (BHP)
Target Type | Value |
Downside Intraday Target | 57.16 |
Downside Intraday Target | 56.25 |
Upside Intraday Target | 59.19 |
Upside Intraday Target | 60.31 |
Upside Intraday Target | 58.28 |
Weekly technical analysis of Bhp Group (BHP)
Date | Weekly Closing Price | Open | High | Low | Volume |
04 Tue Jun 2024 | 58.07 | 59.03 | 59.40 | 57.37 | 0.6 times |
31 Fri May 2024 | 59.53 | 59.97 | 60.84 | 58.54 | 0.78 times |
24 Fri May 2024 | 59.63 | 61.36 | 62.28 | 58.33 | 1.062 times |
17 Fri May 2024 | 61.47 | 57.42 | 61.61 | 57.17 | 1.481 times |
10 Fri May 2024 | 57.19 | 56.86 | 57.71 | 56.35 | 0.644 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 |
04 Tue Jun 2024 | 58.07 | 59.03 | 59.40 | 57.37 | 0.119 times |
31 Fri May 2024 | 59.53 | 55.30 | 62.28 | 54.81 | 0.752 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 |
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Bhp Group ( (BHP) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Bhp Group ( (BHP) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Bhp Group stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Bhp Group in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 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 59.2 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Bhp Group ( (BHP) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Bhp Group ( (BHP) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Bhp Group stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Bhp Group in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 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 59.2 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.