BHP GROUP LTD-SPON ADR (BHP) Stock Technical Analysis
NYSE:BHP - New York Stock Exchange, Inc. - US0886061086 - ADR - Currency: USD
We assign a technical rating of 2 out of 10 to BHP. In the past year, BHP was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
65% of all other stocks performed better in the past year than BHP.
In the last month BHP has a been trading in the 39.73 - 49.55 range, which is quite wide. It is currently trading near the high of this range.
BHP has an average volume of 3333940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
BHP is part of the Metals & Mining industry. There are 153 other stocks in this industry, BHP did better than 42% of them.
BHP is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Although the technical rating is bad, BHP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 48.94. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 48.74, a Stop Loss order could be placed below this zone.
More info and screens
47.06
62.08
When analyzing the support we notice one important area.
- A support zone ranging from 47.54 to 48.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 5 important resistance areas.
- Resistance @48.94 from a horizontal line in the daily time frame.
- A resistance zone ranging from 50.40 to 50.71. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 51.56 to 52.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @57.00 from a trend line in the weekly time frame.
- Resistance @61.47 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.64
Mansfield-0.85
10 Day High49.55
10 Day Low46.3
20 Day High49.55
20 Day Low39.73
52 Week High63.21
52 Week Low39.73
Performance
1 Week1.29%
2 Weeks5.03%
1 Month5.06%
3 Month-0.65%
6 Month-12.71%
12 Month-13.21%
2 Year-11.06%
3 Year-30.89%
5 Year3.67%
10 Year9.41%
15 Year-24.69%
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)0.34
RSI(14)55.94
LBB45.43
UBB49.74
48.83
+1.12 (+2.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.35%
1 Week1.29%
2 Weeks5.03%
1 Month5.06%
3 Month-0.65%
6 Month-12.71%
12 Month-13.21%
2 Year-11.06%
3 Year-30.89%
5 Year3.67%
10 Year9.41%
15 Year-24.69%
Volatility
ATR(14)1.12
ATR(20)%3.66%
ATR Inc-12.18%
Range Today0.61
ADR(20)1.35
ADR(20)%2.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.64
Mansfield-0.85
10 Day High49.55
10 Day Low46.3
20 Day High49.55
20 Day Low39.73
52 Week High63.21
52 Week Low39.73
CS1 End48.74
CR1 Start48.94
Volume & EV
DER(3)0.33%
DER(5)-0.84%
Volume3.32M
Volume Incr-32.32%
Vol(5)2.83M
Vol(50)3.33M