BHP Billiton Ltd. Decreasing 100.0% Quarter To Quarter

BHP Billiton Ltd. Decreasing 100.0% Quarter To Quarter

Shares of the company are trading at $38.79 just above the 50 day moving average which is $36.12 and just a bit higher than the 200 day moving average of $37.23. The 50 day moving average moved up $2.67 and the 200 day average went up $1.56 or +4.19%. BHP Billiton Limited shares had a trading volume of 2,474K in the last trading session. Overall, volume was down 34.47% under the stocks normal daily volume.

As of the end of the quarter Fny Partners Fund Lp had disposed of 29,950 shares trimming its stake by 99.8%. The value in dollars decreased from $1,073,000 to $1,000 a change of $1,072,000 since the last quarter. As of quarter end Morgan Stanley had disposed of 36,891 shares trimming its position 100.0%. The value of the investment in BHP Billiton Limited went from $1,320,000 to $0 decreasing 100.0% quarter to quarter.

Technical Analysis

Overall, the bias in prices is: Upwards.

Short term: Prices are stalling.

Intermediate term: Prices are trending.

By the way, prices are vulnerable to a correction towards 24.30.

The projected upper bound is: 25.44.

The projected lower bound is: 23.71.

The projected closing price is: 24.57.


A white body occurred (because prices closed higher than they opened).
During the past 10 bars, there have been 4 white candles and 5 black candles for a net of 1 black candles. During the past 50 bars, there have been 29 white candles and 20 black candles for a net of 9 white candles.

Momentum Indicators

Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.

Stochastic Oscillator

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 15.5520. This is an oversold reading. However, a signal is not generated until the Oscillator crosses above 20 The last signal was a sell 5 period(s) ago.

Relative Strength Index (RSI)

The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 55.84. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a sell 5 period(s) ago.

Commodity Channel Index (CCI)

The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is -52. This is not a topping or bottoming area. The last signal was a sell 5 period(s) ago.


The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a sell 1 period(s) ago.

Rex Takasugi – TD Profile

BHP BLT FPO closed up 0.160 at 24.560. Volume was 38% below average (neutral) and Bollinger Bands were 12% wider than normal.

Open     High      Low        Close     Volume
24.440  24.645   24.430  24.560  5,344,766

Technical Outlook
Short Term:               Oversold
Intermediate Term: Bullish
Long Term:                Bullish

Moving Averages: 10-period    50-period    200-period
Close:                       24.85           23.86            24.55
Volatility:                15                  23                 32
Volume:                   6,823,487   8,856,608   8,712,990

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.


BHP BLT FPO is currently 0.0% above its 200-period moving average and is in an upward trend. Volatility is low as compared to the average volatility over the last 10 periods. Our volume indicators reflect moderate flows of volume into BHP.AX (mildly bullish). Our trend forecasting oscillators are currently bullish on BHP.AX and have had this outlook for the last 13 periods.


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Ivy Heffernan

Ivy Heffernan, student of Economics at Buckingham University. Junior Analyst at HeffX and experienced marketing director.

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