Bhp Group Limited Stock Pattern Recognition Three Outside Up or Down

BHP Stock  USD 56.68  0.56  1.00%   
BHP Group pattern recognition tool provides the execution environment for running the Three Outside Up or Down recognition and other technical functions against BHP Group. BHP Group value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Three Outside Up or Down recognition function is designed to identify and follow existing trends. BHP Group momentum indicators are usually used to generate trading rules based on assumptions that BHP Group trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was three with a total number of output elements of fifty-eight. The function generated a total of one valid pattern recognition events for the selected time horizon. The Three Outside Up/Down pattern helps to describe BHP Group Limited bearish pattern that is followed by a black day whose close value is lower than the second day.

BHP Group Technical Analysis Modules

Most technical analysis of BHP Group help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for BHP from various momentum indicators to cycle indicators. When you analyze BHP charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About BHP Group Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BHP Group Limited. We use our internally-developed statistical techniques to arrive at the intrinsic value of BHP Group Limited based on widely used predictive technical indicators. In general, we focus on analyzing BHP Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build BHP Group's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of BHP Group's intrinsic value. In addition to deriving basic predictive indicators for BHP Group, we also check how macroeconomic factors affect BHP Group price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.130.08780.05250.0238
Price To Sales Ratio2.182.812.631.13
Hype
Prediction
LowEstimatedHigh
54.3256.1858.04
Details
Intrinsic
Valuation
LowRealHigh
50.5161.1763.04
Details
Naive
Forecast
LowNextHigh
57.7359.5961.45
Details
6 Analysts
Consensus
LowTargetHigh
60.2366.1973.47
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as BHP Group. Your research has to be compared to or analyzed against BHP Group's peers to derive any actionable benefits. When done correctly, BHP Group's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in BHP Group Limited.

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In addition to having BHP Group in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Trending Themes

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Additional Tools for BHP Stock Analysis

When running BHP Group's price analysis, check to measure BHP Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BHP Group is operating at the current time. Most of BHP Group's value examination focuses on studying past and present price action to predict the probability of BHP Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BHP Group's price. Additionally, you may evaluate how the addition of BHP Group to your portfolios can decrease your overall portfolio volatility.