BHP technical analysis
BHP Technical Analysis
Analysis date
July 15, 2026
Market
NYSE (USD)
Daily cutoff
July 14, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
BHP Data Verification
Cross-validating the latest completed daily bar across independent sources.
- Symbol
- BHP
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- July 14, 2026
No adjustment factor (adjusted close equals raw close, factor 1.0). No stock splits or dividend adjustments affecting the analysis period.
| Source | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Financial Modeling Prep (FMP) | 68.42 | July 14, 2026 | - | Verified |
| Massive API (independent) | 68.42 | July 14, 2026 | 0.00% | Verified |
Bottom line
BHP Technical Analysis Summary
BHP shows a mixed daily trend with price at 68.42 trading below the SMA20 (69.15) but above the SMA50 (67.80) and SMA200 (65.93). The SMA20 is converging toward the SMA50, suggesting potential for a bullish crossover. Daily RSI at 53.20 is neutral, and the MACD histogram at +0.08 is slightly positive, indicating mild upward momentum. The weekly chart is more constructive: price at 68.55 is above all key SMAs (SMA20: 67.22, SMA50: 65.40, SMA200: 61.85), confirming a sustained uptrend. Key support rests at 65.50 (60-day low) with resistance at 71.85 (20-day high) and 74.20 (60-day high). A breakout above 71.85 would strengthen the bullish case; a break below 65.50 would suggest further downside toward the 52-week low of 58.30.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (July 14, 2026)
- Trend
- Mixed with slight bearish bias. Price at 68.42 is below SMA20 (69.15) but above SMA50 (67.80) and SMA200 (65.93). The SMA20 is flattening and converging toward the SMA50, signaling potential trend transition. The SMA200 at 65.93 continues to slope upward, providing a long-term bullish foundation.
- Momentum
- Neutral with mild positive bias. RSI14 at 53.20 is just above the 50 midline, reflecting slightly bullish momentum. MACD at +0.15 is above the signal line at +0.07, with the histogram at +0.08, indicating positive but modest directional conviction.
- Volatility
- Moderate. ATR14 at 1.95 (2.85% of price) reflects typical daily range for a large-cap mining stock. Bollinger Bands (65.10 to 71.80) show price at 68.42 near the middle of the band, suggesting no significant short-term extension.
- Volume
- Slightly below average. Latest daily volume of 3,850,000 is 78% of the 20-period average (4,935,000), indicating somewhat reduced participation.
Assessment
The daily timeframe is in a consolidation phase with price hovering between the SMA20 and SMA50. Momentum indicators are neutral to slightly positive. The converging SMAs suggest a potential directional move is brewing. A close above SMA20 (69.15) would be the first bullish signal, while a break below SMA50 (67.80) would suggest further weakness.
Weekly (July 6, 2026 week)
- Trend
- Bullish. Price at 68.55 is above SMA20 (67.22), SMA50 (65.40), and SMA200 (61.85). All key SMAs are in bullish alignment (SMA20 > SMA50 > SMA200), confirming a sustained upward trend on the weekly timeframe. The SMA200 continues to slope upward, reflecting long-term positive structure.
- Momentum
- Bullish. RSI14 at 56.80 is above the 50 midline, reflecting constructive momentum without being overbought. MACD at +0.85 is above the signal line at +0.62, with the histogram at +0.23, reflecting a bullish MACD configuration and sustained buying interest.
- Volatility
- Moderate. ATR14 at 3.82 (5.57% of price) reflects moderate weekly swings. Bollinger Bands (61.50 to 73.80) show price near the upper half, consistent with an uptrending market.
- Volume
- Near average. Weekly volume of 32,500,000 is 95% of the 20-week average (34,200,000), indicating consistent participation.
Assessment
The weekly timeframe is bullish with price maintaining above all key SMAs and the SMA alignment confirming upward momentum. RSI and MACD both support the bullish view without showing exhaustion. The steady volume confirms that the uptrend has broad participation. Key support to watch is the SMA20 at 67.22.
Key indicators
BHP Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 53.20 | 56.80 |
| MACD (12, 26, 9) | +0.15 / +0.07 / +0.08 | +0.85 / +0.62 / +0.23 |
| ATR (14) | 1.95 (2.85%) | 3.82 (5.57%) |
| Bollinger Bands (20, 2) | 65.10 - 71.80 | 61.50 - 73.80 |
| SMA (20) | 69.15 | 67.22 |
| SMA (50) | 67.80 | 65.40 |
| SMA (200) | 65.93 | 61.85 |
Price structure
BHP Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 68.42 | 68.55 |
| 1-Period Return | +0.47% | +1.82% |
| 5-Period Return | -1.05% | +2.15% |
| 20-Period Return | +0.92% | +3.40% |
| 60-Period Return | +4.15% | +12.80% |
| 252-Period Return | +15.30% | +18.60% |
| 52-Week Low | 58.30 | 58.30 |
| 52-Week High | 76.50 | 76.50 |
| 52-Week Position | 52.75% | 53.30% |
Key levels
BHP Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 71.85 | 74.20 |
| 20-Period Low | 65.80 | 63.50 |
| 60-Period High | 74.20 | 76.50 |
| 60-Period Low | 65.50 | 58.30 |
Scenarios
BHP Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price breaks above 71.85 (20-day high) with strong volume, followed by a move toward 74.20 (60-day high) and the 52-week high of 76.50.
Invalidation
Price falls below the 60-day low of 65.50.
What to watch
Sustained close above SMA20 (69.15) and MACD line continuing above signal line on daily. RSI pushing above 60 would confirm momentum.
Range-Bound
Trigger
Price oscillates between 65.50 (60-day low) and 71.85 (20-day high), with the MACD staying near the zero line and RSI fluctuating between 45 and 60.
Invalidation
A decisive break of either boundary with above-average volume.
What to watch
Volume declining further; RSI staying near 50; SMA20 and SMA50 converging and potentially crossing.
Bearish
Trigger
Price breaks below 65.50 (60-day low) and fails to reclaim SMA50 on weekly. A break below the SMA200 at 65.93 would be an additional bearish signal.
Invalidation
Price reclaims the SMA20 (69.15) and holds above it.
What to watch
Sustained closes below SMA50 (67.80); weekly MACD histogram turning negative; volume increasing on breakdown.
Methodology
Methodology and Limitations
This technical analysis uses adjusted closing prices from Financial Modeling Prep (FMP, primary) and Massive API (independent cross-validation). The daily analysis covers approximately 2 years (501 completed bars) ending July 14, 2026. The weekly analysis covers approximately 5 years (261 completed bars) ending the week of July 6, 2026. Prices are adjusted for dividends and stock splits using the adjusted close/raw close ratio. Volume data is from the primary source and may not match other data providers. Technical indicators include SMA, RSI, MACD, ATR, and Bollinger Bands using standard parameters. Key levels are identified from recent swing highs and lows. Technical analysis studies historical price patterns and does not constitute investment advice. It should not be used as the sole basis for trading decisions.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data sourced from Yahoo Finance (primary) and Finviz (independent cross-validation). Data cutoffs: daily July 14, 2026, weekly July 6, 2026 week. Generated July 15, 2026.
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