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BHP GROUP LTD-SPON ADR (BHP) Stock Technical Analysis

NYSE:BHP - New York Stock Exchange, Inc. - US0886061086 - ADR - Currency: USD

49.75  +0.96 (+1.97%)

After market: 49.67 -0.08 (-0.16%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to BHP. BHP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
85% of all other stocks performed better in the past year than BHP.
BHP is one of the lesser performing stocks in the Metals & Mining industry. 70% of 152 stocks in the same industry do better.
BHP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
BHP has an average volume of 2230780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month BHP has a been trading in a tight range between 48.06 and 50.49.
Weekly and Daily overview Charts
BHP GROUP LTD-SPON ADR / BHP Weekly stock chart
BHP GROUP LTD-SPON ADR / BHP Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is bad, BHP does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 50.10. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 49.53, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

47.69

62.25

We found 1 important support area.

  • A support zone ranging from 48.17 to 49.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 50.10 to 51.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @59.10 from a trend line in the weekly time frame.
  • A resistance zone ranging from 61.47 to 61.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.59
Mansfield-1.87
10 Day High50.49
10 Day Low48.42
20 Day High50.49
20 Day Low48.06
52 Week High63.21
52 Week Low48.06
Performance
1 Week0.57%
2 Weeks-0.12%
1 Month1.99%
3 Month-11.07%
6 Month-7.89%
12 Month-18.56%
2 Year-29.08%
3 Year-21.78%
5 Year-2.66%
10 Year7.38%
15 Year-28.28%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.13
RSI(14)49.79
LBB48.48
UBB50.47
BHP GROUP LTD-SPON ADR / BHP Daily stock chart

BHP GROUP LTD-SPON ADR

NYSE:BHP (1/30/2025, 8:06:58 PM)

After market: 49.67 -0.08 (-0.16%)

49.75

+0.96 (+1.97%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.97%
1 Week0.57%
2 Weeks-0.12%
1 Month1.99%
3 Month-11.07%
6 Month-7.89%
12 Month-18.56%
2 Year-29.08%
3 Year-21.78%
5 Year-2.66%
10 Year7.38%
15 Year-28.28%
Volatility
ATR(14)0.81
ATR(20)%1.56%
ATR Inc18.45%
Range Today0.55
ADR(20)0.66
ADR(20)%1.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.59
Mansfield-1.87
10 Day High50.49
10 Day Low48.42
20 Day High50.49
20 Day Low48.06
52 Week High63.21
52 Week Low48.06
CS1 End49.53
CR1 Start50.1
Volume & EV
DER(3)0.29%
DER(5)0.26%
Volume2.11M
Volume Incr0.23%
Vol(5)2.29M
Vol(50)2.23M