REPORTING FOR 2019-09-11 | THEBUNSENBURNER.COM: With the assistance of the Beat The Market Analyzer software and our own in-house methods, we have conducted a deep analysis of how BHP has been trading over the last 2 weeks and the past day especially. On its latest session, BHP GROUP LIMITED ($BHP) opened at 36.72, reaching a high of 36.95 and a low of 36.65 before closing at a price of 36.92. There was a total volume of 7444255.0.
VOLUME INDICATORS: We saw an accumulation-distribution index of 324.01019, an on-balance volume of -36.32, chaikin money flow of 1.6087 and a force index of 0.55695. There was an ease of movement rating of 0.00091, a volume-price trend of -1.37713 and a negative volume index of 1000.0. What do these volume indicators mean for BHP? Click here for an explanation.
VOLATILITY: We noted an average true range of 1.86722, bolinger bands of 37.16196, an upper bollinger band of 35.57804, lower bollinger band of 36.65, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 36.77333, high band keltner channel of 36.54333, low band keltner channel of 37.00333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 36.65, a donchian channel low band of 36.65, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0. What do these volatility indicators mean for BHP? Click here for an explanation.
TREND: We calculated a Moving Average Convergence Divergence (MACD) of -0.01256, a MACD signal of -0.00698, a MACD difference of -0.00558, a fast Exponential Moving Average (EMA) indicator of 36.65, a slow Exponential Moving Average (EMA) indicator of 36.65, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.07405, a trix of -1.12164, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of 0.83475, a KST Oscillator (KST) of -22.26906 and a KST Oscillator (KST Signal) of -22.26906 (leaving a KST difference of -3.73485). We also found an Ichimoku rating of 36.835, an Ichimoku B rating of 36.835, a Ichimoku visual trend A of 32.12378, an Ichimoku visual trend B of 22.95065, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0. What do these trend indicators mean for BHP? Click here for an explanation.
MOMENTUM: We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 24.86577, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -56.10098, a stochastic oscillator of 130.43478, a stochastic oscillator signal of 130.43478, a Williams %R rating of 30.43478 and an awesome oscillator of -0.09217. What do these momentum indicators mean for BHP? Click here for an explanation.
RETURNS: There was a daily return of -2.22691, a daily log return of -1.53976 and a cumulative return of -1.52797.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-09-11 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for BHP GROUP LIMITED ($BHP)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling BHP GROUP LIMITED ($BHP) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.
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