(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 2024-03-14 View latest technical analysis
10 day averaged volume of Bhp Group is 2684830
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Thu Mar 2024 | 56.04 | 56.48 | 56.65 | 55.76 | 1.09 times |
| 13 Wed Mar 2024 | 56.87 | 55.88 | 57.22 | 55.81 | 1.361 times |
| 12 Tue Mar 2024 | 56.00 | 56.75 | 56.85 | 55.94 | 1.073 times |
| 11 Mon Mar 2024 | 56.13 | 55.77 | 56.22 | 55.70 | 1.146 times |
| 08 Fri Mar 2024 | 57.30 | 57.98 | 58.01 | 57.11 | 1.473 times |
| 07 Thu Mar 2024 | 57.82 | 58.31 | 58.48 | 57.81 | 1.039 times |
| 06 Wed Mar 2024 | 58.56 | 58.68 | 59.09 | 58.45 | 0.827 times |
| 05 Tue Mar 2024 | 57.49 | 57.73 | 58.01 | 57.33 | 0.551 times |
| 04 Mon Mar 2024 | 58.06 | 58.01 | 58.21 | 57.87 | 0.786 times |
| 01 Fri Mar 2024 | 58.34 | 57.86 | 58.43 | 57.46 | 1.011 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 56.7, but if it comes above 56.7, then a intra day buy could be more profitable.
If you take a sell trade below 56.7, then use 56.7 as stoploss and 55.4 as target. However if you take a buy trade in stock , then use 56.7 as stoploss and 57.72 as target.
Share price targets for Bhp Group (BHP)
| Target Type | Value |
| Downside Target | 55.70 |
| Upside Target | 59.09 |
| Upside Target | 59.12 |
| Upside Target | 59.68 |
| Upside Target | 60.54 |
| Upside Target | 60.74 |
| Upside Target | 62.04 |
| Upside Target | 62.67 |
| Upside Target | 68.41 |
| Upside Target | 69.11 |
Intraday share price targets for Bhp Group (BHP)
| Target Type | Value |
| Downside Intraday Target | 55.42 |
| Downside Intraday Target | 54.8 |
| Upside Intraday Target | 56.94 |
| Upside Intraday Target | 57.84 |
| Upside Intraday Target | 56.32 |
Weekly technical analysis of Bhp Group (BHP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Thu Mar 2024 | 56.04 | 55.77 | 57.22 | 55.70 | 0.999 times |
| 08 Fri Mar 2024 | 57.30 | 58.01 | 59.09 | 57.11 | 1.047 times |
| 01 Fri Mar 2024 | 58.34 | 57.38 | 58.43 | 56.79 | 1.12 times |
| 23 Fri Feb 2024 | 58.31 | 59.11 | 59.12 | 57.55 | 0.871 times |
| 16 Fri Feb 2024 | 60.34 | 60.14 | 60.74 | 58.50 | 1.036 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 |
| 14 Thu Mar 2024 | 56.04 | 57.86 | 59.09 | 55.70 | 0.572 times |
| 29 Thu Feb 2024 | 57.34 | 61.39 | 62.04 | 56.79 | 0.857 times |
| 31 Wed Jan 2024 | 61.22 | 67.99 | 68.41 | 59.68 | 1.116 times |
| 29 Fri Dec 2023 | 68.31 | 61.96 | 69.11 | 60.54 | 1.282 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 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 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 Weak 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 getting stronger in this stock.
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 and selling is picking up 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 57.17 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 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 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 Weak 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 getting stronger in this stock.
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 and selling is picking up 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 57.17 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.