BHP GROUP PLC-ADR (BBL)
ADR
We assign a technical rating of 9 out of 10 to BBL. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BBL is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
BBL is one of the better performing stocks in the Metals & Mining industry, it outperforms 88% of 154 stocks in the same industry.
BBL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BBL is performing more or less in line with the market.
BBL has an average volume of 3610570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, BBL did better than 91% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month BBL has a been trading in the 59.25 - 69.31 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
BBL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 64.17, a Stop Loss order could be placed below this zone.
More info and screens
49.24
66.73
5 important support areas can be observed.
- A support zone ranging from 63.83 to 64.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @53.78 from a trend line in the weekly time frame.
- Support @52.48 from a trend line in the daily time frame.
- A support zone ranging from 50.61 to 50.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @49.74 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 64.72 to 66.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91
Mansfield0.58
10 Day High69.31
10 Day Low62.13
20 Day High69.31
20 Day Low59.25
52 Week High69.31
52 Week Low49.5
Performance
1 Week-1.06%
2 Weeks-2.57%
1 Month7.7%
3 Month21.14%
6 Month-1.7%
12 Month17.5%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)-0.36
RSI(14)55.33
LBB62.11
UBB68.34
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 66.08 | 63.82 | 2.26 (3.42%) | 25.00% |
| An entry @66.08. This is a Buy Stop order right above the resistance zone. | An exit @63.82. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.26 points, which is 3.42%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.86%. |
- The distance between exit and entry is rather small compared to the average daily movement of BBL. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BHP GROUP PLC-ADR
NYSE:BBL (1/28/2022, 7:00:00 PM)
After market: 64.18 0 (0%)64.18
-1.6 (-2.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.43%
1 Week-1.06%
2 Weeks-2.57%
1 Month7.7%
3 Month21.14%
6 Month-1.7%
12 Month17.5%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2
ATR(20)%2.76%
ATR Inc
Range Today1.45
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High69.31
10 Day Low62.13
20 Day High69.31
20 Day Low59.25
52 Week High69.31
52 Week Low49.5
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume14.42M
Volume Incr142.38%
Vol(5)8.63M
Vol(50)3.61M