BHP GROUP LTD-SPON ADR (BHP)

US0886061086 - ADR

57.99  -0.42 (-0.72%)

Premarket: 57.73 -0.26 (-0.45%)

Technical Rating and Analysis

2

Taking everything into account, BHP scores 2 out of 10 in our technical rating. 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.

When comparing the yearly performance of all stocks, BHP is a bad performer in the overall market: 63% of all stocks are doing better.
BHP is part of the Metals & Mining industry. There are 155 other stocks in this industry, of which 61% are performing better than BHP.
BHP is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BHP is lagging the market.
In the last month BHP has a been trading in the 56.23 - 60.54 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
BHP has an average volume of 2648800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Weekly and Daily overview Charts
BHP Weekly chart
BHP Daily chart
Setup Rating and Analysis

6

BHP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 57.06, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

54.29

71.73

We found 2 important support areas.

  • A support zone ranging from 56.24 to 57.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 54.84 to 55.21. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 58.12 to 60.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @62.17 from a horizontal line in the daily time frame.
  • Resistance @71.02 from a horizontal line in the weekly time frame.
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
CRS37.21
Mansfield-1.1
10 Day High60.54
10 Day Low56.61
20 Day High60.54
20 Day Low56.23
52 Week High69.11
52 Week Low54.28
Performance
1 Week-2.52%
2 Weeks0.43%
1 Month0.36%
3 Month-4.2%
6 Month5.72%
12 Month-1.29%
2 Year-13.42%
3 Year-20.3%
5 Year9.52%
10 Year-17.79%
15 Year20.46%
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)-0.05
RSI(14)48.49
LBB56.88
UBB60.56
BHP Daily chart

BHP GROUP LTD-SPON ADR

NYSE:BHP (4/18/2024, 7:04:00 PM)

Premarket: 57.73 -0.26 (-0.45%)

57.99

-0.42 (-0.72%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.72%
1 Week-2.52%
2 Weeks0.43%
1 Month0.36%
3 Month-4.2%
6 Month5.72%
12 Month-1.29%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.36
ATR(20)%2.05%
ATR Inc
Range Today1
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 High60.54
10 Day Low56.61
20 Day High60.54
20 Day Low56.23
52 Week High69.11
52 Week Low54.28
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.89M
Volume Incr3.79%
Vol(5)2.85M
Vol(50)2.65M