Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-07-29 View latest technical analysis

10 day averaged volume of Bhp Group is 2176177

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	55.01	54.79	55.06	54.56	0.996 times
26 Fri Jul 2024	55.38	55.21	55.55	54.94	0.849 times
25 Thu Jul 2024	54.79	54.40	55.38	54.21	1.226 times
24 Wed Jul 2024	54.43	55.07	55.24	54.40	0.954 times
23 Tue Jul 2024	55.07	54.68	55.19	54.42	1.188 times
22 Mon Jul 2024	55.75	55.60	55.85	55.39	0.891 times
19 Fri Jul 2024	55.65	55.60	55.93	55.10	0.955 times
18 Thu Jul 2024	56.12	56.95	56.98	56.05	1.12 times
17 Wed Jul 2024	56.99	57.41	57.63	56.98	0.837 times
16 Tue Jul 2024	57.20	57.00	57.34	56.49	1.118 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 55.5, but if it comes above 55.5, then a intra day buy could be more profitable.
If you take a sell trade below 55.5, then use 55.5 as stoploss and 53.4 as target. However if you take a buy trade in stock , then use 55.5 as stoploss and 57.19 as target.

Share price targets for Bhp Group (BHP)

Target Type	Value
Downside Target	54.21
Upside Target	57.87
Upside Target	58.65
Upside Target	58.86
Upside Target	59.09
Upside Target	59.77
Upside Target	60.03
Upside Target	60.54
Upside Target	62.28

Intraday share price targets for Bhp Group (BHP)

Target Type	Value
Downside Intraday Target	54.69
Downside Intraday Target	54.38
Upside Intraday Target	55.19
Upside Intraday Target	55.38
Downside Intraday Target	54.88

Weekly technical analysis of Bhp Group (BHP)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	55.01	54.79	55.06	54.56	0.195 times
26 Fri Jul 2024	55.38	55.60	55.85	54.21	1.044 times
19 Fri Jul 2024	55.65	58.31	58.65	55.10	1.078 times
12 Fri Jul 2024	59.27	58.63	59.77	57.87	2.937 times
05 Fri Jul 2024	59.49	59.00	60.03	58.86	0.673 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
29 Mon Jul 2024	55.01	57.81	60.03	54.21	0.964 times
28 Fri Jun 2024	57.09	59.03	59.77	55.68	0.903 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

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 neutral. A longer time frame might give a better analysis.

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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Bhp Group stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Bhp Group in short term and the sell signal is strong.

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 red color and prices are below the red 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 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 55.62 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.