Much prefer Fundamental Analysis than Technical to pick stocks, but IMO Technical can help identify times to Buy.
Long term up trend since 2016, each time it hits or goes under the trend it recovers in the months after.
Fairly flat couple of months, probably more linked to the shaky global economy than the performance of the business (which is going great). RSI is mid range meaning theres no strength in movement either way. Probably trade sideways (if the economy doesnt improve) until we hit the trend, then we may see a move.
In the mean time, the Dividend Yield is good and fundamentals on the business havent changed, BHP said that Coal mine proceeds will go towards paying off debt, meaning less Interest Expenses in future which will help profitability (and Dividends).
DYOR, Not Advice at all.
Much prefer Fundamental Analysis than Technical to pick stocks,...
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Last
$43.06 |
Change
-0.320(0.74%) |
Mkt cap ! $218.3B | |||
| Open | High | Low | Value | Volume |
| $43.30 | $43.39 | $43.00 | $278.1M | 6.441M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18101 | $43.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.07 | 19694 | 2 |
View Market Depth
| Last trade - 16.10pm 09/05/2024 (20 minute delay) ? |
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Last
$43.09 |
Change
-0.320 ( 0.59 %) |
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| Open | High | Low | Volume | ||
| $43.21 | $43.39 | $43.01 | 709607 | ||
| Last updated 15.59pm 09/05/2024 ? | |||||
| BHP (ASX) Chart |