Technical Analysis for BHP - BHP Billiton Limited

Grade Last Price % Change Price Change
F 56.26 1.22% 0.68
BHP closed up 1.22 percent on Friday, May 3, 2024, on 78 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Stochastic Buy Signal Bullish 0.00%
NR7 Range Contraction 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
Slingshot Bearish Bearish Swing Setup 1.22%
Lower Bollinger Band Walk Weakness 1.22%
Gapped Up Strength 1.22%
Oversold Stochastic Weakness 1.22%
Lower Bollinger Band Walk Weakness 2.29%
Below Lower BB Weakness 2.29%

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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 51.622
Average Volume 2,679,178
200-Day Moving Average 57.89
50-Day Moving Average 57.33
20-Day Moving Average 57.87
10-Day Moving Average 56.89
Average True Range 1.24
RSI (14) 44.44
ADX 15.03
+DI 23.12
-DI 29.77
Chandelier Exit (Long, 3 ATRs) 56.81
Chandelier Exit (Short, 3 ATRs) 58.54
Upper Bollinger Bands 61.00
Lower Bollinger Band 54.73
Percent B (%b) 0.24
BandWidth 10.84
MACD Line -0.59
MACD Signal Line -0.26
MACD Histogram -0.3304
Fundamentals Value
Market Cap 142.46 Billion
Num Shares 2.53 Billion
EPS 5.09
Price-to-Earnings (P/E) Ratio 11.05
Price-to-Sales 2.83
Price-to-Book 3.54
PEG Ratio 0.00
Dividend 1.70
Dividend Yield 3.02%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 57.49
Resistance 3 (R3) 57.51 57.13 57.29
Resistance 2 (R2) 57.13 56.81 57.12 57.22
Resistance 1 (R1) 56.69 56.62 56.67 56.67 57.15
Pivot Point 56.31 56.31 56.30 56.30 56.31
Support 1 (S1) 55.87 55.99 55.85 55.85 55.37
Support 2 (S2) 55.49 55.80 55.48 55.30
Support 3 (S3) 55.05 55.49 55.24
Support 4 (S4) 55.03