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 2.02, suggesting BHP is Strong Buy.

BHP Group Ltd (BHP) 20-Day simple moving average is 79.812, while BHP Group Ltd (BHP) share price is $84.72, making it Buy.

BHP Group Ltd (BHP) 60-Day simple moving average is 75.734, while BHP Group Ltd (BHP) share price is $84.72, making it Buy.

Technical Analysis for BHP

Technical Sentiment Analysis for BHP Group Ltd (BHP) As of 2026-05-08, BHP Group Ltd (BHP) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 10 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BHP stands at 65.721, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 2.02, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 87.394 and the Commodity Channel Index (CCI) at 231.811 further confirm a 4.9 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, BHP is trading above its 60-day moving average of $75.734 and above its 200-day long-term moving average of $63.252. Key price levels to watch include the immediate resistance at $84.593 and strong support at $76.373. A break above $84.593 could signal a bull continuation, while falling below $76.373 may test the next Fibonacci floor at $72.536.

BHP Group Ltd (BHP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	68.153	72.536	76.373	80.756	84.593	88.976	92.813
Fibonacci	72.536	75.676	77.616	80.756	83.896	85.836	88.976

BHP Group Ltd (BHP) Technical Indicators

2026-05-08

Name	Value
RSI_14	65.721
STOCHk_14_3_3	87.394
STOCHd_14_3_3	73.008
CCI_20	231.811
AO_5_34	5.109
MOM_10	4.9
MACD_12_26_9	2.02

BHP Group Ltd (BHP) Relative Strength Index (RSI) is 65.721, creating a Neutral signal.

BHP Group Ltd (BHP) Stochastic Oscillator is 87.394, creating a Sell signal.

BHP Group Ltd (BHP) Stochastic RSI is 73.008, creating a Neutral signal.

BHP Group Ltd (BHP) Commodity Channel Index (CCI) is 231.811, creating a Sell signal.

BHP Group Ltd (BHP) Awesome Oscillator is 5.109, creating a Buy signal.

BHP Group Ltd (BHP) Momentum is 4.9, creating a Buy signal.

BHP Group Ltd (BHP) MACD is 2.02, creating a Buy signal.

BHP Group Ltd (BHP) Moving Average

2026-05-08

Period	Simple	Signal
MA_5	81.742	Buy
MA_10	80.209	Buy
MA_20	79.812	Buy
MA_60	75.734	Buy
MA_200	63.252	Buy
MA_250	60.575	Buy

BHP Group Ltd (BHP) 5-Day simple moving average is 81.742, while BHP Group Ltd (BHP) share price is $84.72, making it a Buy.

BHP Group Ltd (BHP) 10-Day simple moving average is 80.209, while BHP Group Ltd (BHP) share price is $84.72, making it a Buy.

BHP Group Ltd (BHP) 20-Day simple moving average is 79.812, while BHP Group Ltd (BHP) share price is $84.72, making it a Buy.

BHP Group Ltd (BHP) 60-Day simple moving average is 75.734, while BHP Group Ltd (BHP) share price is $84.72, making it a Buy.

BHP Group Ltd (BHP) 200-Day simple moving average is 63.252, while BHP Group Ltd (BHP) share price is $84.72, making it a Buy.

BHP Group Ltd (BHP) 250-Day simple moving average is 60.575, while BHP Group Ltd (BHP) share price is $84.72, 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 4 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 76.373 and a major resistance level at 84.593. Traders also monitor the pivot point at 80.756 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 65.721. 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 2.02, 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 $84.72, which is above its 200-day simple moving average of 63.252. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.