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

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

51.84  +0.15 (+0.29%)

After market: 51.84 0 (0%)

Technical Rating and Analysis

8

Overall BHP gets a technical rating of 8 out of 10. Although BHP is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

BHP is part of the Metals & Mining industry. There are 154 other stocks in this industry, of which 67% are performing better than BHP.
Both the short term and long term trends are positive. This is a very positive sign.
BHP is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
BHP has an average volume of 3036140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, BHP outperforms 40% of them, which is more or less in line with the market.
BHP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BHP is lagging the market.
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

7

BHP has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 51.84. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 49.63, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

45.67

55.78

We found 3 important support areas.

  • A support zone ranging from 48.39 to 49.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @47.62 from a trend line in the weekly time frame.
  • A support zone ranging from 46.13 to 46.13. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 51.84 to 52.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @55.23 from a trend line in the weekly time frame.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for BHP is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for BHP is up.
ChartMill Relative Strength40.76NEUTRALBHP is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of BHP is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of BHP is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNMIXEDThe current price of BHP is above a declining SMA(200).
Relative Strength Index/RSI (14)60.3NEUTRALThe RSI value for BHP is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.25POSITIVEThe MACD value suggests BHP has a positive trend, although the MACD value is declining.
Stochastics (14,3)86.59OVERBOUGHTThe high Stochastics value suggests BHP may be overbought.
Average True Range in percent/ATR (20)2.25MEDIUM VOLATILITYThe ATR as a percentage value for BHP suggests some volalility.
Average Directional Index/ADX (14)16.87NEGATIVEThe low ADX value for BHP suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
52.6949.223.47 (6.59%)15.18%
An entry @52.69. This is a Buy Stop order right above the resistance zone.An exit @49.22. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 3.47 points, which is 6.59%.When investing 15.18% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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 LTD-SPON ADR / BHP Daily stock chart

BHP GROUP LTD-SPON ADR

NYSE:BHP (7/18/2025, 8:04:00 PM)

After market: 51.84 0 (0%)

51.84

+0.15 (+0.29%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.29%
1 Week-0.46%
2 Weeks2.61%
1 Month8.86%
3 Month11.51%
6 Month3.49%
12 Month-6.85%
2 Year-17.25%
3 Year-5.81%
5 Year-1.89%
10 Year35.11%
15 Year-28.23%
Volatility
ATR(14)1.19
ATR(20)%2.25%
ATR Inc-30.04%
Range Today0.71
ADR(20)0.92
ADR(20)%1.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.76
Mansfield-0.7
10 Day High52.2
10 Day Low49.23
20 Day High52.2
20 Day Low45.74
52 Week High63.21
52 Week Low39.73
CS1 End49.63
CR1 Start51.84
Volume & EV
DER(3)0.57%
DER(5)-0.32%
Volume3.28M
Volume Incr-12.19%
Vol(5)3.28M
Vol(50)3.04M