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Stock Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares) (NYSE:BHP)

Bear Market Rally (-75) - BHP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BHP as it may be in the beginning of a reversal.

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.

NYSE_BHP
Open High Low BHP Price Change
57.15 57.29 56.61 56.96 -2.10
Entry Signal

MarketClub’s Trade Triangles for BHP

long term down The long-term trend has been DOWN since Feb 26th, 2024 at 56.815

intermediate term up The intermediate-term trend has been UP since Apr 1st, 2024 at 58.490

short term down The short-term trend has been DOWN since Apr 11th, 2024 at 58.970

Smart Scan Analysis for BHP

Based on our trend formula, BHP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for BHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
57.15 57.29 56.61 56.96 -2.10
Prev. Close Volume Bid Ask Time
59.06 2947883 2024-04-16 15:59:24
Year High52.62Year High Date2018-07-31
Year Low43.1Year Low Date2018-04-09
52wk High69.1152wk High Date2023-12-28
52wk Low54.2852wk Low Date2023-10-23
Year End Close78.42Average Volume2,660,396
Shares Outstanding2,945,851Short Interest9,619,825
% Institutional2.8Market Cap127,891M
Assets101,296,000MLiabilities568,000,000M
Beta1.66Volatility33.51
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