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BHPLF Stock Forecast & BHP Group Limited Chart Analysis

This article provides a detailed analysis of BHPLF-BHP Group Limited stock including a forecast for BHPLF shares. It features BHP Group Limited technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

BHPLF Historical Data Review

BHPLF Current Price Performance Analysis

The BHP Group Limited - BHPLF stock traded on the American stock market, on 06-05-2024, closed at 29.26$ with a %1.77 increased compared to the previous day.

In the last month, the price of BHPLF changed by %3.50 increased in value, from 28.27 dollars on 05-06-2024 to 29.26 dollars, increased.

Last year, the price of BHPLF was 28.5 dollars on 06-06-2023, and changed by %2.67 increased in value, to 29.26 dollars increased within a year.

The price of BHP Group Limited stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.

BHPLF with AI Stock Forecast & Price Target

BHPLF stock forecast BHP Group Limited price target

On the BHPLF chart BHP Group Limited price was recorded as 29.26 Dollars on 06/05/2024.

The artificial intelligence's forecast on BHPLF stock is as follows.

The artificial intelligence's prediction error margin for BHPLF stock is very high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for BHP Group Limited stock over the next 4 months is: 23.4 Dollars.

The commentary on BHPLF stock Target Price: Highest: 29.902 Dollars is predicted.

The commentary on BHPLF stock Target Price: Lowest: 21.019 Dollars is predicted.

Resistance Price where BHP Group Limited stock will Rise and Fall:

Date Price Prediction
06-20-2024 29.902
09-23-2024 22.487
12-12-2024 23.560
02-10-2025 22.036

Support Price where BHP Group Limited stock will Fall and Rise:

Date Price Prediction
08-29-2024 22.312
10-28-2024 21.941
02-05-2025 21.990
03-17-2025 21.019

The commentary on BHPLF stock: The target price can generally be said to be on the decline.

The commentary on BHPLF stock: Fluctuations in the target price can be expected in the coming days.

The target price for BHP Group Limited stock by the end of 2024 is predicted to be 23.249 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on BHPLF stock, and the 2024 target price predictions for BHP Group Limited are detailed above.

The technical analysis and charts for the commentary on BHPLF stock are below.

BHPLF Support & Resistance and Trend Analysis

BHPLF review BHP Group Limited technical analysis trend chart BHPLF priceBHPLF stock support and resistance price chart

BHPLF stock you have reviewed the technical analysis support resistance charts regarding.

BHPLF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the BHPLF review, the BHP Group Limited support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

BHP Group Limited Support and Resistance Prices:

BHPLF Support Level Price BHPLF Resistance Level Price
27.00 30.21
27.50 30.47
27.54 30.53
27.71 30.66
27.78 30.73
27.87 31.00
28.11 31.38
28.50 31.50
28.65 31.66
28.71 31.95
29.00 32.08
29.19 32.31
29.52 32.94
29.77 33.68
35.60

BHPLF Technical Analysis: SMA, RSI, MACD

BHPLF review BHP Group Limited SMA chart analysis BHPLF priceBHPLF buy or sell review BHP Group Limited MACD chart analysis BHPLF price

Upon reviewing the BHPLF chart, buy and sell signals have been generated in the BHP Group Limited technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for BHPLF stock are as follows:
  1. The technical analysis for BHP Group Limited indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

You have read the comments, technical analyses, target prices, and financial reports for BHP Group Limited stock: Click here to read more predictions on TotalEnergies SE stock.

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