BHP BHP Group Limited
Trend channel, buy level and 3-month target. Information only, not financial advice.
Below the channel · 9-month channel rising
Closed below support (US$85.77). Treat the buy level with caution.
- 9-month channel read from
- US$85.77 – US$103.90 · rising, +32% a year
- 12-month channel
- US$86.72 – US$103.77 · rising, +69% a year
- Price in channel
- −31% (0% = floor, 100% = ceiling)
- Ceiling overhead
- US$103.77
- Published levels
- Buy and target are not from this channel — see below.
What broke this trend
- The fall
- -21% from US$98.6825 Aug 2026 → 22 Oct 2026
- Whose problem it was
- Its sector3 of 4 Industrial Materials peers fell with it
- Does it resolve?
- Temporary falls like it have resolved on the record
- Regained so far
- 8%of what it lost
- What the record says
- 83% of 4 comparable falls came back, typically in 23 days measured on its own peer group
Fell -21% (25 Aug 2026 → 22 Oct 2026); regained 8% so far; sector-wide.
Reported at the time: Why Is Newmont Stock Surging Friday? — 21 Aug 2026
Price history, with the path projected 3 months forward
Updated 3:59 PM ET (3 h ago)
- Daily close
- Upper trend line (9 months)
- Lower trend line (9 months)
- The same lines over the last 12 months
- Dashed after today: projected 3 months
- Our buy
- Our target
Suggested path
Buy at or below
US$79.19
level as at 2 Nov 2026
Our target
US$85.52
by 25 Nov 2026
Projected move
8.0%
gross, before costs
Price is between our buy and target.
Target: BHP's usual move size (8.0%), the best return per day on this path.
This move size: reached in 60% of 12 past stretches, typically in 52 days. (0.15% per day)
- Upper line touches
- 3
- Lower line touches
- 2
- Fit confidence
- 79%
- Fitted
- 2 Nov 2026
Company information
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
- 39,536
- Country
- AU
Scorecard
Our own scores from the fundamentals below (not Morningstar ratings).
- Valuation
- —
- Profitability
- —
- Financial health
- —
- Cash generation
- —
Key statistics
- Market cap
- US$207.94B
- Enterprise value
- —
- Beta
- 0.85
- Avg volume
- 2.66M
- Revenue per share
- —
- Dividend yield
- —
- 52-week range
- 52.18-98.71
- 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 to past swing highs and lows and may not continue. Information only, not financial advice.