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BHP Fell Below 20 Day Moving Average on July 16
BHP posted a 5.65% loss on Thursday, July 16th, accompanied by 0.9× normal trading volume. Multiple bearish signals emerged — Fell Below 20 DMA, Fell Below 50 DMA & Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 79.73, 78.8 & 77.31, with resistance at 82.15, 83.64 & 84.57.
Current SwingTradeBot Technical Rating of BHP: B
Today’s move could mean more—check all the signals for BHP on SwingTradeBot.
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