Technical Analysis for BHP - BHP Billiton Limited

Grade Last Price % Change Price Change
D 57.71 1.09% 0.62
BHP closed up 1.09 percent on Monday, July 1, 2024, on 70 percent of normal volume. It ran into resistance at its 50 day moving average. Its advance stalled at its 200 day moving average, an important long-term support / resistance line. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Flat Up

Date Alert Name Type % Chg
200 DMA Resistance Bearish 0.00%
50 DMA Resistance Bearish 0.00%
Shooting Star Candlestick Bearish 0.00%
Crossed Above 20 DMA Bullish 0.00%
MACD Bullish Signal Line Cross Bullish 0.00%
Cup with Handle Other 0.00%
Gapped Up Strength 0.00%
Gapped Up Strength 1.09%
Spinning Top Other 1.71%
Narrow Range Bar Range Contraction 1.71%

   Recent Intraday Alerts

Alert Time
Rose Above 50 DMA about 9 hours ago
Gapped Up (Full) about 10 hours ago
Rose Above 20 DMA about 10 hours ago
Rose Above Previous Day's High about 10 hours ago
200 DMA Resistance about 10 hours ago

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BHP Billiton Limited Description

BHP Billiton Limited, together with its subsidiaries, operates as a diversified natural resources company worldwide. The company engages in the exploration, development, and production of oil and gas; mining and refining of bauxite into alumina, and smelting of alumina into aluminum metal; and mining of copper, silver, lead, zinc, molybdenum, uranium, and gold, as well as development of potash deposits. It is also involved in the mining and production of nickel products, manganese ore, and manganese metal and alloys, as well as in the mining of iron ore, metallurgical coal, and thermal coal. BHP Billiton Limited sells its copper, lead, and zinc concentrates, and alumina to smelters; copper cathode to wire rod mills, brass mills, and casting plants; uranium oxide to electricity generating utilities; rough diamonds to diamond buyers; nickel products to stainless steel, specialty alloy, foundry, chemicals, and refractory material industries; metallurgical coal to steel producers; and energy coal to power stations, power generators, and industrial users. The company, formerly known as BHP Limited, was founded in 1885 and is headquartered in Melbourne, Australia. BHP Billiton Limited operates as a subsidiary of BHP Billiton Group.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Mining Chemical Electricity Oil And Gas Natural Resources Alloys Stainless Steel Diamond Uranium Nickel Molybdenum Potash Power Station Smelting Bauxite Metallurgical Coal Thermal Coal Manganese Brass Steel Producer Aluminum Metal

Is BHP a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 67.4109
52 Week Low 51.9243
Average Volume 2,260,471
200-Day Moving Average 58.39
50-Day Moving Average 57.93
20-Day Moving Average 57.50
10-Day Moving Average 56.92
Average True Range 1.02
RSI (14) 50.50
ADX 7.9
+DI 34.75
-DI 25.08
Chandelier Exit (Long, 3 ATRs) 56.83
Chandelier Exit (Short, 3 ATRs) 58.73
Upper Bollinger Bands 59.35
Lower Bollinger Band 55.64
Percent B (%b) 0.56
BandWidth 6.45
MACD Line -0.36
MACD Signal Line -0.40
MACD Histogram 0.0348
Fundamentals Value
Market Cap 146.13 Billion
Num Shares 2.53 Billion
EPS 5.09
Price-to-Earnings (P/E) Ratio 11.34
Price-to-Sales 2.83
Price-to-Book 3.54
PEG Ratio 0.00
Dividend 1.70
Dividend Yield 2.95%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 59.08
Resistance 3 (R3) 59.17 58.80 58.85
Resistance 2 (R2) 58.80 58.46 58.76 58.77
Resistance 1 (R1) 58.26 58.24 58.08 58.17 58.70
Pivot Point 57.89 57.89 57.80 57.85 57.89
Support 1 (S1) 57.35 57.55 57.17 57.26 56.72
Support 2 (S2) 56.98 57.33 56.94 56.65
Support 3 (S3) 56.44 56.98 56.57
Support 4 (S4) 56.35