BHP Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

BHP Group Ltd (BHP) Moving Averages Convergence Divergence (MACD) indicator is 2.256, suggesting BHP is Strong Buy.

BHP Group Ltd (BHP) 20-Day simple moving average is 84.896, while BHP Group Ltd (BHP) share price is $89.035, making it Buy.

BHP Group Ltd (BHP) 60-Day simple moving average is 77.765, while BHP Group Ltd (BHP) share price is $89.035, making it Buy.

Technical Analysis for BHP

Technical Sentiment Analysis for BHP Group Ltd (BHP) As of 2026-05-29, BHP Group Ltd (BHP) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 10 indicators are flashing buy, while 1 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BHP stands at 63.715, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 2.256, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 68.895 and the Commodity Channel Index (CCI) at 99.408 further confirm a 0.02 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, BHP is trading above its 60-day moving average of $77.765 and above its 200-day long-term moving average of $65.648. Key price levels to watch include the immediate resistance at $89.39 and strong support at $81.24. A break above $89.39 could signal a bull continuation, while falling below $81.24 may test the next Fibonacci floor at $77.035.

BHP Group Ltd (BHP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	73.09	77.035	81.24	85.185	89.39	93.335	97.54
Fibonacci	77.035	80.148	82.072	85.185	88.298	90.222	93.335

BHP Group Ltd (BHP) Technical Indicators

2026-05-29

Name	Value
RSI_14	63.715
STOCHk_14_3_3	68.895
STOCHd_14_3_3	61.629
CCI_20	99.408
AO_5_34	4.256
MOM_10	0.02
MACD_12_26_9	2.256

BHP Group Ltd (BHP) Relative Strength Index (RSI) is 63.715, creating a Neutral signal.

BHP Group Ltd (BHP) Stochastic Oscillator is 68.895, creating a Neutral signal.

BHP Group Ltd (BHP) Stochastic RSI is 61.629, creating a Neutral signal.

BHP Group Ltd (BHP) Commodity Channel Index (CCI) is 99.408, creating a Neutral signal.

BHP Group Ltd (BHP) Awesome Oscillator is 4.256, creating a Buy signal.

BHP Group Ltd (BHP) Momentum is 0.02, creating a Buy signal.

BHP Group Ltd (BHP) MACD is 2.256, creating a Buy signal.

BHP Group Ltd (BHP) Moving Average

2026-05-29

Period	Simple	Signal
MA_5	87.134	Buy
MA_10	85.445	Buy
MA_20	84.896	Buy
MA_60	77.765	Buy
MA_200	65.648	Buy
MA_250	62.624	Buy

BHP Group Ltd (BHP) 5-Day simple moving average is 87.134, while BHP Group Ltd (BHP) share price is $89.035, making it a Buy.

BHP Group Ltd (BHP) 10-Day simple moving average is 85.445, while BHP Group Ltd (BHP) share price is $89.035, making it a Buy.

BHP Group Ltd (BHP) 20-Day simple moving average is 84.896, while BHP Group Ltd (BHP) share price is $89.035, making it a Buy.

BHP Group Ltd (BHP) 60-Day simple moving average is 77.765, while BHP Group Ltd (BHP) share price is $89.035, making it a Buy.

BHP Group Ltd (BHP) 200-Day simple moving average is 65.648, while BHP Group Ltd (BHP) share price is $89.035, making it a Buy.

BHP Group Ltd (BHP) 250-Day simple moving average is 62.624, while BHP Group Ltd (BHP) share price is $89.035, making it a Buy.

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Frequently Asked Questions

What is the current technical consensus for BHP?

The overall technical consensus for BHP Group Ltd (BHP) is currently Strong Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 4 buy signals and 1 sell signals.

What are the key support and resistance levels for BHP Group Ltd (BHP) today?

Based on pivot point calculations, BHP Group Ltd (BHP) has an immediate support level at 81.24 and a major resistance level at 89.39. Traders also monitor the pivot point at 85.185 to determine the intraday trend direction.

Is BHP Group Ltd (BHP) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for BHP Group Ltd (BHP) is currently 63.715. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for BHP Group Ltd (BHP)?

BHP Group Ltd (BHP) Moving Averages Convergence Divergence (MACD) indicator is 2.256, suggesting BHP is Strong Buy. This indicator helps identify potential trend reversals or momentum shifts for BHP Group Ltd.

How is BHP Group Ltd (BHP) performing relative to its 200-day moving average?

BHP Group Ltd (BHP) is currently trading at $89.035, which is above its 200-day simple moving average of 65.648. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.