(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 2024-08-02 View latest technical analysis
10 day averaged volume of Bhp Group is 2332590
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Fri Aug 2024 | 54.01 | 54.57 | 54.65 | 53.58 | 1.285 times |
| 01 Thu Aug 2024 | 54.26 | 54.99 | 55.16 | 53.81 | 1.083 times |
| 31 Wed Jul 2024 | 55.53 | 55.16 | 56.00 | 55.02 | 1.092 times |
| 30 Tue Jul 2024 | 54.11 | 53.76 | 54.21 | 53.48 | 1.24 times |
| 29 Mon Jul 2024 | 55.01 | 54.79 | 55.06 | 54.56 | 0.929 times |
| 26 Fri Jul 2024 | 55.38 | 55.21 | 55.55 | 54.94 | 0.792 times |
| 25 Thu Jul 2024 | 54.79 | 54.40 | 55.38 | 54.21 | 1.144 times |
| 24 Wed Jul 2024 | 54.43 | 55.07 | 55.24 | 54.40 | 0.89 times |
| 23 Tue Jul 2024 | 55.07 | 54.68 | 55.19 | 54.42 | 1.108 times |
| 22 Mon Jul 2024 | 55.75 | 55.60 | 55.85 | 55.39 | 0.831 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 54.6, but if it comes above 54.6, then a intra day buy could be more profitable.
If you take a sell trade below 54.6, then use 54.6 as stoploss and 52.6 as target. However if you take a buy trade in stock , then use 54.6 as stoploss and 56.27 as target.
Share price targets for Bhp Group (BHP)
| Target Type | Value |
| Downside Target | 53.48 |
| Upside Target | 57.87 |
| Upside Target | 58.65 |
| Upside Target | 58.86 |
| 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 | 52.99 |
| Downside Intraday Target | 51.98 |
| Upside Intraday Target | 55.51 |
| Upside Intraday Target | 57.02 |
| Upside Intraday Target | 54.5 |
Weekly technical analysis of Bhp Group (BHP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Fri Aug 2024 | 54.01 | 54.79 | 56.00 | 53.48 | 1.181 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 |
| 02 Fri Aug 2024 | 54.01 | 54.99 | 55.16 | 53.58 | 0.116 times |
| 31 Wed Jul 2024 | 55.53 | 57.81 | 60.03 | 53.48 | 1.088 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 |
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 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 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 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 54.78 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 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 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 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 54.78 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.