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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares) (NYSE:BHP)
Countertrend Down (-85) - BHP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid BHP?
MarketClub looks at technical strength and momentum to determine if the timing is right for BHP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BHP
The long-term trend has been DOWN since Feb 26th, 2024 at 56.815
The intermediate-term trend has been DOWN since Apr 26th, 2024 at 56.610
The short-term trend has been UP since May 3rd, 2024 at 56.350
Smart Scan Analysis for BHP
Based on our trend formula, BHP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 56.590 | 56.760 | 56.345 | 56.435 | -1.035 |
| Prev. Close | Volume | Bid | Ask | Time |
| 56.500 | 1374633 | 2024-05-08 15:59:40 |
| Year High | 52.62 | Year High Date | 2018-07-31 |
| Year Low | 43.1 | Year Low Date | 2018-04-09 |
| 52wk High | 69.11 | 52wk High Date | 2023-12-28 |
| 52wk Low | 54.28 | 52wk Low Date | 2023-10-23 |
| Year End Close | 78.42 | Average Volume | 2,645,301 |
| Shares Outstanding | 2,945,851 | Short Interest | 9,619,825 |
| % Institutional | 2.8 | Market Cap | 127,891M |
| Assets | 101,296,000M | Liabilities | 568,000,000M |
| Beta | 1.66 | Volatility | 33.51 |