(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 2024-08-20 View latest technical analysis
10 day averaged volume of Bhp Group is 2530770
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 53.64 | 53.85 | 54.11 | 53.54 | 0.918 times |
| 19 Mon Aug 2024 | 53.96 | 53.62 | 54.11 | 53.59 | 0.904 times |
| 16 Fri Aug 2024 | 53.24 | 52.65 | 53.51 | 52.49 | 1.06 times |
| 15 Thu Aug 2024 | 52.65 | 52.57 | 52.99 | 52.48 | 1.032 times |
| 14 Wed Aug 2024 | 52.25 | 52.36 | 52.59 | 52.00 | 1.409 times |
| 13 Tue Aug 2024 | 53.66 | 53.39 | 53.73 | 53.23 | 0.871 times |
| 12 Mon Aug 2024 | 53.56 | 53.72 | 53.95 | 53.21 | 0.88 times |
| 09 Fri Aug 2024 | 53.76 | 53.64 | 53.93 | 53.15 | 0.839 times |
| 08 Thu Aug 2024 | 53.15 | 52.97 | 53.54 | 52.94 | 0.896 times |
| 07 Wed Aug 2024 | 52.76 | 53.59 | 53.68 | 52.74 | 0.974 times |
My analysis of stock is bearish for shortterm, and stock might move down till 53 or till 51.9. Use a stoploss of 53.84 and if the stock hits stoploss, then it can shoot up till 54.71
Share price targets for Bhp Group (BHP)
| Target Type | Value |
| Downside Target | 51.73 |
| Downside Target | 53.48 |
| Upside Target | 55.16 |
| Upside Target | 55.68 |
| Upside Target | 55.85 |
| Upside Target | 56.00 |
| 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 | 53.42 |
| Downside Intraday Target | 53.19 |
| Upside Intraday Target | 53.99 |
| Upside Intraday Target | 54.33 |
| Upside Intraday Target | 53.76 |
Weekly technical analysis of Bhp Group (BHP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 53.64 | 53.62 | 54.11 | 53.54 | 0.347 times |
| 16 Fri Aug 2024 | 53.24 | 53.72 | 53.95 | 52.00 | 1.003 times |
| 09 Fri Aug 2024 | 53.76 | 52.00 | 53.93 | 51.73 | 1.009 times |
| 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 |
Price has moved up 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 |
| 20 Tue Aug 2024 | 53.64 | 54.99 | 55.16 | 51.73 | 0.771 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Bhp Group ( (BHP) ) based on a short 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.
Price action analysis of Bhp Group ( (BHP) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Bhp Group in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Bhp Group Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Bhp Group in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 53.19 and Bhp Group (BHP) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Bhp Group ( (BHP) ) based on a short 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.
Price action analysis of Bhp Group ( (BHP) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Bhp Group in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Bhp Group Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Bhp Group in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 53.19 and Bhp Group (BHP) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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.