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.N) Moving Averages Convergence Divergence (MACD) indicator is 2.406, suggesting BHP.N is Strong buy.

BHP Group Ltd (BHP.N) 20-Day simple moving average is 67.556, while BHP Group Ltd (BHP.N) share price is $69.64, making it Buy.

BHP Group Ltd (BHP.N) 60-Day simple moving average is 61.365, while BHP Group Ltd (BHP.N) share price is $69.64, making it Buy.

Technical Analysis for BHP

Technical Sentiment Analysis for BHP Group Ltd (BHP) As of 2026-02-06, BHP Group Ltd (BHP) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 8 indicators are flashing buy, while 2 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BHP stands at 58.198, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 2.406, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 59.549 and the Commodity Channel Index (CCI) at 46.279 further confirm a 2.12 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, BHP is trading above its 60-day moving average of $61.365 and above its 200-day long-term moving average of $55.051. Key price levels to watch include the immediate resistance at $74.364 and strong support at $66.894. A break above $74.364 could signal a bull continuation, while falling below $66.894 may test the next Fibonacci floor at $63.467.

BHP Group Ltd (BHP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	59.424	63.467	66.894	70.937	74.364	78.407	81.834
Fibonacci	63.467	66.321	68.083	70.937	73.791	75.553	78.407

BHP Group Ltd (BHP) Technical Indicators

2026-02-06

Name	Value
RSI_14	58.198
STOCHk_14_3_3	59.549
STOCHd_14_3_3	65.808
CCI_20	46.279
AO_5_34	5.526
MOM_10	2.12
MACD_12_26_9	2.406

BHP Group Ltd (BHP) Relative Strength Index (RSI) is 58.198, creating a Neutral signal.

BHP Group Ltd (BHP) Stochastic Oscillator is 59.549, creating a Neutral signal.

BHP Group Ltd (BHP) Stochastic RSI is 65.808, creating a Neutral signal.

BHP Group Ltd (BHP) Commodity Channel Index (CCI) is 46.279, creating a Neutral signal.

BHP Group Ltd (BHP) Awesome Oscillator is 5.526, creating a Buy signal.

BHP Group Ltd (BHP) Momentum is 2.12, creating a Buy signal.

BHP Group Ltd (BHP) MACD is 2.406, creating a Buy signal.

BHP Group Ltd (BHP) Moving Average

2026-02-06

Period	Simple	Signal
MA_5	70.618	Sell
MA_10	70.321	Sell
MA_20	67.556	Buy
MA_60	61.365	Buy
MA_200	55.051	Buy
MA_250	53.77	Buy

BHP Group Ltd (BHP) 5-Day simple moving average is 70.618, while BHP Group Ltd (BHP) share price is $69.64, making it a Sell.

BHP Group Ltd (BHP) 10-Day simple moving average is 70.321, while BHP Group Ltd (BHP) share price is $69.64, making it a Sell.

BHP Group Ltd (BHP) 20-Day simple moving average is 67.556, while BHP Group Ltd (BHP) share price is $69.64, making it a Buy.

BHP Group Ltd (BHP) 60-Day simple moving average is 61.365, while BHP Group Ltd (BHP) share price is $69.64, making it a Buy.

BHP Group Ltd (BHP) 200-Day simple moving average is 55.051, while BHP Group Ltd (BHP) share price is $69.64, making it a Buy.

BHP Group Ltd (BHP) 250-Day simple moving average is 53.77, while BHP Group Ltd (BHP) share price is $69.64, 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 0 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 66.894 and a major resistance level at 74.364. Traders also monitor the pivot point at 70.937 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 58.198. 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 2.406, 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 $69.64, which is above its 200-day simple moving average of 55.051. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.