BHP NEWS why is Bhp Group Limited price falling or rising

BHP NEWS reasons for why stock price of Bhp Group Limited is falling or rising

BHP Bhp Group is falling or rising technical reasons

Technical analysis forecast for Bhp Group Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Bhp Group BHP at this time. Stock is falling and might fall more.

It appears as if Bhp Group BHP gave a large move recently.

Stock of Bhp Group (BHP) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Bhp Group is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Bhp Group stays below 55.7, but if it comes above 55.7, then a intra day buy could be more profitable.
If you take a sell trade below 55.7, then use 55.7 as stoploss and 54.6 as target. However if you take a buy trade in Bhp Group, then use 55.7 as stoploss and 56.69 as target.

BHP Bhp Group is falling or rising NEWS fundamental reasons

More announcements and NEWS

BHP Bhp Group Limited current price & indicator signals

Moving Averages for Bhp Group Limited

  • 5Day Average: 56.34
  • 12Day Average: 56.36
  • 20Day Average: 56.67
  • 50Day Average: 56.43
  • 100Day Average: 56.04
  • 150Day Average: 56.69
  • 200Day Average: 57.06

BHP Indicators & signals

Indicator MACD (12,26,9)

56.44, 56.76, -0.22
Indicator MACD is in negative zone

Indicator ADX (14)

18.28, 29.92, 43.31
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 38
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of BHP Bhp Group Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
08 Fri Nov 2024 55.19 54.79 to 56.10 -4.43% 2.39 times
07 Thu Nov 2024 57.75 57.46 to 58.51 3.24% 1.22 times
06 Wed Nov 2024 55.94 54.81 to 56.02 -1.31% 1.7 times
05 Tue Nov 2024 56.68 56.34 to 56.72 1% 0.66 times
04 Mon Nov 2024 56.12 55.94 to 56.56 0.32% 0.88 times
01 Fri Nov 2024 55.94 55.87 to 56.24 0.87% 0.83 times
31 Thu Oct 2024 55.46 55.04 to 56.13 -1.7% 0.91 times
30 Wed Oct 2024 56.42 56.06 to 56.96 -1.26% 0.88 times
29 Tue Oct 2024 57.14 57.13 to 57.66 0.04% 1.03 times
28 Mon Oct 2024 57.12 56.65 to 57.18 1.2% 0.94 times
25 Fri Oct 2024 56.44 56.30 to 56.93 0.5% 0.96 times
24 Thu Oct 2024 56.16 55.46 to 56.31 0.77% 0.98 times

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