(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 2024-06-07 View latest technical analysis
10 day averaged volume of Bhp Group is 2469190
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 58.19 | 58.77 | 58.88 | 58.19 | 0.675 times |
| 06 Thu Jun 2024 | 59.70 | 58.67 | 59.77 | 58.48 | 0.904 times |
| 05 Wed Jun 2024 | 58.62 | 58.25 | 58.64 | 57.97 | 1.055 times |
| 04 Tue Jun 2024 | 58.07 | 57.92 | 58.20 | 57.37 | 1.494 times |
| 03 Mon Jun 2024 | 59.38 | 59.03 | 59.40 | 58.47 | 0.836 times |
| 31 Fri May 2024 | 59.53 | 59.59 | 59.88 | 58.67 | 0.82 times |
| 30 Thu May 2024 | 58.66 | 59.55 | 59.68 | 58.54 | 0.903 times |
| 29 Wed May 2024 | 59.45 | 60.07 | 60.84 | 59.41 | 1.299 times |
| 28 Tue May 2024 | 59.60 | 59.97 | 60.19 | 59.30 | 0.858 times |
| 24 Fri May 2024 | 59.63 | 58.83 | 59.75 | 58.79 | 0.97 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 58.1 as stoploss in an intra day buy trade for a target of 59.27. However, stock will show a bearish move below 58.1.
Share price targets for Bhp Group (BHP)
| Target Type | Value |
| Downside Target | 54.81 |
| Downside Target | 56.35 |
| Upside Target | 59.09 |
| Upside Target | 59.77 |
| 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 | 57.12 |
| Downside Intraday Target | 56.04 |
| Upside Intraday Target | 59.52 |
| Upside Intraday Target | 60.84 |
| Upside Intraday Target | 58.44 |
Weekly technical analysis of Bhp Group (BHP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 58.19 | 59.03 | 59.77 | 57.37 | 1.279 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 |
| 07 Fri Jun 2024 | 58.19 | 59.03 | 59.77 | 57.37 | 0.253 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 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 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 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 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 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 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 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 negative zone. This is the SELL 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 59.05 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 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 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 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 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 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 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 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 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 negative zone. This is the SELL 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 59.05 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.