(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 2024-08-29 View latest technical analysis
10 day averaged volume of Bhp Group is 2535240
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 55.13 | 54.76 | 55.37 | 54.57 | 0.831 times |
| 28 Wed Aug 2024 | 54.42 | 54.35 | 54.58 | 54.11 | 1.367 times |
| 27 Tue Aug 2024 | 55.67 | 55.53 | 55.81 | 55.27 | 1.172 times |
| 26 Mon Aug 2024 | 55.51 | 55.80 | 55.98 | 55.25 | 1.122 times |
| 23 Fri Aug 2024 | 55.19 | 54.54 | 55.20 | 54.34 | 0.884 times |
| 22 Thu Aug 2024 | 54.29 | 54.83 | 54.88 | 54.19 | 0.707 times |
| 21 Wed Aug 2024 | 55.35 | 55.12 | 55.44 | 54.88 | 0.84 times |
| 20 Tue Aug 2024 | 53.64 | 53.85 | 54.11 | 53.54 | 0.917 times |
| 19 Mon Aug 2024 | 53.96 | 53.62 | 54.11 | 53.59 | 0.903 times |
| 16 Fri Aug 2024 | 53.24 | 52.65 | 53.51 | 52.49 | 1.059 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 54.9, but if it comes below 54.9, then a intra day sell could be more profitable.
If you take a sell trade below 54.9, then use 54.9 as stoploss and 53.94 as target. However if you take a buy trade in stock , then use 54.9 as stoploss and 56.1 as target.
Share price targets for Bhp Group (BHP)
| Target Type | Value |
| Downside Target | 51.73 |
| Downside Target | 53.48 |
| Upside Target | 55.44 |
| Upside Target | 55.68 |
| Upside Target | 55.98 |
| 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 | 54.17 |
| Downside Intraday Target | 53.2 |
| Upside Intraday Target | 56.04 |
| Upside Intraday Target | 56.94 |
| Downside Intraday Target | 55.07 |
Weekly technical analysis of Bhp Group (BHP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 55.13 | 55.80 | 55.98 | 54.11 | 1.057 times |
| 23 Fri Aug 2024 | 55.19 | 53.62 | 55.44 | 53.54 | 0.811 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 |
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 Thu Aug 2024 | 55.13 | 54.99 | 55.98 | 51.73 | 1.139 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 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 to mid 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 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 BUY. 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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Bhp Group in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 54.65 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 rising upwards.
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 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 to mid 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 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 BUY. 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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Bhp Group in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 54.65 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 rising upwards.
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.