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(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 2024-10-23 View latest technical analysis

10 day averaged volume of Bhp Group is 2118340

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	55.73	55.55	55.88	55.47	0.716 times
22 Tue Oct 2024	56.64	56.62	56.73	56.38	0.64 times
21 Mon Oct 2024	56.32	56.81	57.04	56.11	0.808 times
18 Fri Oct 2024	57.12	57.31	57.36	56.96	0.683 times
17 Thu Oct 2024	56.89	56.73	56.90	56.33	1.32 times
16 Wed Oct 2024	56.73	58.78	58.82	56.61	1.904 times
15 Tue Oct 2024	58.16	58.41	58.63	58.03	1.203 times
14 Mon Oct 2024	59.43	58.55	59.56	58.36	1.076 times
11 Fri Oct 2024	58.95	58.80	59.27	58.64	0.778 times
10 Thu Oct 2024	58.91	58.24	58.93	57.96	0.818 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 57, but if it comes above 57, then a intra day buy could be more profitable.
If you take a sell trade below 57, then use 57 as stoploss and 54.4 as target. However if you take a buy trade in stock , then use 57 as stoploss and 59.18 as target.

Share price targets for Bhp Group (BHP)

Target Type	Value
Downside Target	50.90
Downside Target	53.48
Downside Target	55.47
Upside Target	59.56
Upside Target	59.77
Upside Target	60.03
Upside Target	60.34
Upside Target	61.03
Upside Target	62.32
Upside Target	62.56
Upside Target	63.21

Intraday share price targets for Bhp Group (BHP)

Target Type	Value
Downside Intraday Target	55.12
Downside Intraday Target	54.51
Upside Intraday Target	56.69
Upside Intraday Target	57.65
Upside Intraday Target	56.08

Weekly technical analysis of Bhp Group (BHP)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	55.73	56.81	57.04	55.47	0.35 times
18 Fri Oct 2024	57.12	58.55	59.56	56.33	1.329 times
11 Fri Oct 2024	58.95	60.83	61.03	57.87	0.743 times
04 Fri Oct 2024	60.57	62.50	63.21	60.34	0.747 times
27 Fri Sep 2024	62.01	54.03	62.32	53.95	1.27 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
23 Wed Oct 2024	55.73	61.76	63.21	55.47	0.615 times
30 Mon Sep 2024	62.11	52.74	62.56	50.90	1.066 times
30 Fri Aug 2024	55.13	54.99	55.98	51.73	1.209 times
31 Wed Jul 2024	55.53	57.81	60.03	53.48	1.088 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 but the sell signal is initial and weak.

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 green color and prices are in or below the green 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 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 57.48 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.