0 XP   0   0   0

BHP Group Limited

Check the daily chart of BHP Group Limited. The closing price of 2022-11-25 was €28.51 per share.

BHP Group Limited Daily Candlestick Chart

1. Trend Indicators

1.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

BHP Group Limited Daily Moving Averages ChartBHP Group Limited Daily Moving Averages Chart
1.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Let's take a look of the Moving Average Convergence/Divergence (MACD) of BHP Group Limited:

  • The Moving Average Convergence/Divergence (MACD) is 0.810. The Moving Average Convergence/Divergence (MACD) above zero is a bullish sign. +1
  • The MACD is higher than the signal line. This is a bullish indication. +1
BHP Group Limited Daily Moving Average Convergence/Divergence (MACD) ChartBHP Group Limited Daily Moving Average Convergence/Divergence (MACD) Chart
1.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index).

The ADX helps you determine the strength of a trend. Let's take a look of the ADX of BHP Group Limited:

  • The ADX is 19.984. Not trending. -2
  • The ADX is declining, there is no upcoming trend indication. -1
  • The +DI is higher than the -DI. The current trend is up. +2
BHP Group Limited Daily Directional Movement Index (DMI) ChartBHP Group Limited Daily Directional Movement Index (DMI) Chart
1.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..
  • The Parabolic SAR is lower than the price. The current trend is up. +2
  • BHP Group Limited Daily Parabolic SAR ChartBHP Group Limited Daily Parabolic SAR Chart

    2. Momentum Indicators

    2.1 Relative Strength Index (RSI)

    Measures the speed and change of price movements.

    • Leading momentum indicator, meaning the signals are instant.
    • Ranges between 0 and 100.
    • Above 70 is considered overbought.
    • Below 30 is considered oversold.
    • Above or below 50 can also be used to determine price trend or support and resistance.
    • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
    • Can be used in many different ways
    • The RSI is above 50. +1
    BHP Group Limited Daily Relative Strength Index (RSI) ChartBHP Group Limited Daily Relative Strength Index (RSI) Chart
    2.2 Stochastic Oscillator

    Compares a certain price to multiple prices ranging over time.

    • Leading momentum indicator, meaning the signals are instant.
    • Used to determine overbought and oversold areas much like the RSI.
    • Ranges between 0 and 100.
    • Above 80 is considered overbought.
    • Below 20 is considered oversold.
    • Consists of two lines named K and D.
    • K compares the highest high and lowest low on the selected price range.
    • The D line is a moving average of the K line.
    • Can be used to spot divergences
    • The Stochastic is above 50. +1
    • The Stochastic is above 70 and overbought. +2
    BHP Group Limited Daily Stochastic Oscillator ChartBHP Group Limited Daily Stochastic Oscillator Chart
    2.3 Commodity Channel Index (CCI)
    BHP Group Limited Daily Commodity Channel Index (CCI) ChartBHP Group Limited Daily Commodity Channel Index (CCI) Chart
    2.4 Chande Momentum Oscillator (CMO)
    BHP Group Limited Daily Chande Momentum Oscillator (CMO) ChartBHP Group Limited Daily Chande Momentum Oscillator (CMO) Chart
    2.5 Williams %R
    BHP Group Limited Daily Williams %R ChartBHP Group Limited Daily Williams %R Chart

    3. Volatility Indicators

    3.1 Bollinger Bands
    BHP Group Limited Daily Bollinger Bands ChartBHP Group Limited Daily Bollinger Bands Chart
    3.2 Average True Range (ATR)
    BHP Group Limited Daily Average True Range (ATR) ChartBHP Group Limited Daily Average True Range (ATR) Chart

    4. Volume Indicators

    4.1 On-Balance Volume (OBV)
    BHP Group Limited Daily On-Balance Volume (OBV) ChartBHP Group Limited Daily On-Balance Volume (OBV) Chart
    4.2 Money Flow Index (MFI)
    BHP Group Limited Daily Money Flow Index (MFI) ChartBHP Group Limited Daily Money Flow Index (MFI) Chart

    5. Summary

    5.1. Notifications

    TypeNotificationDate
    PenkeCurrently no notifications for BHP Group Limited.

    5.2. Trading Signals

    DateIndicatorEntry signalExit signal
    2022-11-15CMO LONG ENTRY SHORT CLOSE50 crossover to upside
    2022-11-18CCI LONG ENTRY SHORT CLOSE100 crossover to upside

    5.2. Technical Score

    Let's check the technical score of BHP Group Limited based on Penke's default Symbol scanner.

    Penke's Symbol Scanner

      
      
    IndicatorConditionValue
    RsiGreater than5062.903
    Ma 20Greater thanMa 5027.092
    Ma 50Greater thanMa 10026.099
    Ma 100Greater thanMa 20026.274
    OpenGreater thanClose28.510
    Total2/5 (40.0%)

    Comments

    Join the conversation.

    Leave a comment

    Stay informed with my latest content.

    Subscribe to my newsletter and receive an email as soon as I add content to PenkeTrading.com.


    By clicking Register, you agree to the General Terms and Conditions.
    Penke's Market Notifications
    HSCZ.NYSE ARC
    5 minutes ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of HSCZ.NYSE ARC.

    HSCZ.NYSE ARC Daily Candlestick Chart
    HRBR.PINK
    5 minutes ago

    I found you a Oversold RSI (Relative Strength Index) on the daily chart of HRBR.PINK.

    HRBR.PINK Daily Candlestick Chart
    HFXI.NYSE ARC
    7 minutes ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of HFXI.NYSE ARC.

    HFXI.NYSE ARC Daily Candlestick Chart
    RISR.NYSE ARC
    9 minutes ago

    I found you a Oversold RSI (Relative Strength Index) on the daily chart of RISR.NYSE ARC.

    RISR.NYSE ARC Daily Candlestick Chart
    GSIE.NYSE ARC
    11 minutes ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of GSIE.NYSE ARC.

    GSIE.NYSE ARC Daily Candlestick Chart
    FXG.NYSE ARC
    22 minutes ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of FXG.NYSE ARC.

    FXG.NYSE ARC Daily Candlestick Chart
    UEVM.NASDAQ
    26 minutes ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of UEVM.NASDAQ.

    UEVM.NASDAQ Daily Candlestick Chart
    FTCS.NASDAQ
    27 minutes ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of FTCS.NASDAQ.

    FTCS.NASDAQ Daily Candlestick Chart
    FNDF.NYSE ARC
    30 minutes ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of FNDF.NYSE ARC.

    FNDF.NYSE ARC Daily Candlestick Chart
    FLCO.NYSE ARC
    32 minutes ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of FLCO.NYSE ARC.

    FLCO.NYSE ARC Daily Candlestick Chart
    FIDI.NYSE ARC
    34 minutes ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of FIDI.NYSE ARC.

    FIDI.NYSE ARC Daily Candlestick Chart
    FID.NASDAQ
    34 minutes ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of FID.NASDAQ.

    FID.NASDAQ Daily Candlestick Chart
    EWQ.NYSE ARC
    39 minutes ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of EWQ.NYSE ARC.

    EWQ.NYSE ARC Daily Candlestick Chart
    EWM.NYSE ARC
    39 minutes ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of EWM.NYSE ARC.

    EWM.NYSE ARC Daily Candlestick Chart
    EWJ.NYSE ARC
    39 minutes ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of EWJ.NYSE ARC.

    EWJ.NYSE ARC Daily Candlestick Chart
    EURL.NYSE ARC
    39 minutes ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of EURL.NYSE ARC.

    EURL.NYSE ARC Daily Candlestick Chart
    GBPTWD.FOREX
    2 hours ago

    I found you a Golden Cross on the daily chart of GBPTWD.FOREX.

    GBPTWD.FOREX Daily Candlestick Chart
    MYRCNH.FOREX
    2 hours ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of MYRCNH.FOREX.

    MYRCNH.FOREX Daily Candlestick Chart
    CNHTHB.FOREX
    2 hours ago

    I found you a Oversold RSI (Relative Strength Index) on the daily chart of CNHTHB.FOREX.

    CNHTHB.FOREX Daily Candlestick Chart
    AEDNZD.FOREX
    2 hours ago

    I found you a Oversold RSI (Relative Strength Index) on the daily chart of AEDNZD.FOREX.

    AEDNZD.FOREX Daily Candlestick Chart
    EURCAD.FOREX
    2 hours ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of EURCAD.FOREX.

    EURCAD.FOREX Daily Candlestick Chart
    DKKPKR.FOREX
    2 hours ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of DKKPKR.FOREX.

    DKKPKR.FOREX Daily Candlestick Chart
    CEY.NASDAQ
    2 hours ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of CEY.NASDAQ.

    CEY.NASDAQ Daily Candlestick Chart
    QINT.NYSE ARC
    2 hours ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of QINT.NYSE ARC.

    QINT.NYSE ARC Daily Candlestick Chart
    BNKU.NYSE ARC
    2 hours ago

    I found you a STOCH Bullish Hidden Divergence on the daily chart of BNKU.NYSE ARC.

    BNKU.NYSE ARC Daily Candlestick Chart