(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 2024-06-05 View latest technical analysis
10 day averaged volume of Bhp Group is 2526230
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 58.62 | 58.25 | 58.64 | 57.97 | 1.031 times |
| 04 Tue Jun 2024 | 58.07 | 57.92 | 58.20 | 57.37 | 1.46 times |
| 03 Mon Jun 2024 | 59.38 | 59.03 | 59.40 | 58.47 | 0.817 times |
| 31 Fri May 2024 | 59.53 | 59.59 | 59.88 | 58.67 | 0.801 times |
| 30 Thu May 2024 | 58.66 | 59.55 | 59.68 | 58.54 | 0.883 times |
| 29 Wed May 2024 | 59.45 | 60.07 | 60.84 | 59.41 | 1.27 times |
| 28 Tue May 2024 | 59.60 | 59.97 | 60.19 | 59.30 | 0.839 times |
| 24 Fri May 2024 | 59.63 | 58.83 | 59.75 | 58.79 | 0.948 times |
| 23 Thu May 2024 | 58.75 | 59.04 | 59.24 | 58.33 | 0.841 times |
| 22 Wed May 2024 | 58.73 | 61.29 | 61.29 | 58.67 | 1.433 times |
My analysis of stock is bearish for shortterm, and stock might move down till 57.6 or till 56. Use a stoploss of 59.06 and if the stock hits stoploss, then it can shoot up till 60.47
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 | 57.53 |
| Downside Intraday Target | 56.43 |
| Upside Intraday Target | 59.56 |
| Upside Intraday Target | 60.49 |
| Downside Intraday Target | 58.46 |
Weekly technical analysis of Bhp Group (BHP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 58.62 | 59.03 | 59.40 | 57.37 | 0.872 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 |
| 05 Wed Jun 2024 | 58.62 | 59.03 | 59.40 | 57.37 | 0.173 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 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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 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 58.98 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 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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 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 58.98 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.