BHP BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares)
Mid-channel
Price is between the two trend lines. Nothing to act on yet.
- Lower line today
- US$42.44
- Upper line today
- US$96.74
- Position in channel
- 83%
- Trend
- Rising channel
Price history, with the path projected 3 months forward
- Daily close
- Upper trend line (3 years)
- Lower trend line (3 years)
- The same lines over the last 12 months
- Projected 3 months
Suggested path
Buy at or below
US$82.42
level as at 17 Aug 2026
Target
US$85.72
by 27 Aug 2026
Projected move
4.0%
gross, before costs
The lines are drawn where this stock has actually turned: 5 touches on the ceiling, 9 on the floor, each fitted to the slope that catches the most of them. Buying one average daily range below its 50-day mean, on heavier volume than usual and while it is still above its 200-day mean, has come up 791 times; measured against the rule’s own 6% yardstick, 73% reached it, typically in 34 days, with price going about 5% against the entry along the way (63% in the worst case we have on record). Trades that have not reached the target within 3 months are counted as misses, whatever they are worth at the time. The prices above are this stock’s own — its average, its volatility — but the setup is the same one we apply everywhere: derived on eight unrelated tickers, then confirmed on 87 others it was never fitted to. We deliberately do not tune it to each stock: doing so scores worse on history the tuning never saw — 58% against 71% — because it fits the past rather than the future. On this stock the setup has come up 2 times so far, reaching target 100% of the time — too few to mean much on its own. The sell price is predicted from this stock’s own setups: of the 11 times this entry has come up here, 4% is the size that returned the most per day of money tied up — reached 91% of the time, typically in 10 days. It is a prediction, so it can be revised: if the run tops out before it gets there, the target is cut to what is actually on the table and you are told the same day. An ordinary pullback is not treated as topping out — those go on to make a new high about 8 times in 10, so they are ridden through. What triggers the revision is price closing below its 50-day trend and staying there, after which the odds of recovery fall to roughly 3 in 10.
- Upper line touches
- 5
- Lower line touches
- 9
- Fit confidence
- 66%
- Fitted
- 4 Aug 2026
About BHP Group Limited
BHP Group Limited is a prominent global natural resources enterprise with operations spanning multiple continents, including Australia, Europe, Asia (encompassing China, Japan, India, South Korea, and other regions), North America, and South America. The company's primary activities are organized into distinct divisions: Copper, Iron Ore, and Coal. Its extensive mining portfolio includes the extraction of a wide array of minerals such as copper, uranium, gold, zinc, lead, molybdenum, silver, iron ore, and cobalt, alongside the production of both metallurgical and thermal (energy) coal. In addition to these core endeavors, BHP is also engaged in the integrated process of nickel production—from mining to smelting and refining—and is actively pursuing potash development initiatives. The company further offers a variety of support functions, including towing, freight services, marketing and trading, marketing assistance, finance, and administrative services. Founded in 1851, BHP Group Limited maintains its corporate headquarters in Melbourne, Australia.
- Sector
- Basic Materials
- Industry
- Industrial Materials
- CEO
- Brandon Craig
- Employees
- 91,304
- Country
- AU
Scorecard
Our own pillar scores, computed from the fundamentals below. They are not Morningstar ratings — that data is licensed and we do not redistribute it.
- Valuation
- —
- Profitability
- —
- Financial health
- —
- Cash generation
- —
Key statistics
- Market cap
- US$222.18B
- Enterprise value
- —
- Beta
- 0.83
- Avg volume
- 2.47M
- Revenue per share
- —
- Dividend yield
- —
- 52-week range
- 51.13-93.83
- Exchange
- NYSE
Key ratios
- P/E (TTM)
- —
- PEG
- —
- Price / sales
- —
- Price / book
- —
- EV / EBITDA
- —
- Gross margin
- —
- Operating margin
- —
- Net margin
- —
- Current ratio
- —
- Quick ratio
- —
- Debt / equity
- —
- Interest cover
- —
Income statement
Balance sheet
Cash flow
Trend lines are fitted statistically to past swing highs and lows and projected forward on the assumption the same rhythm continues. It often does not. This is information, not advice.