Technical Analysis for HP - Helmerich & Payne, Inc.

Grade Last Price % Change Price Change
F 45.27 -0.18% -0.08
HP closed down 1.43 percent on Friday, February 3, 2023, on 1.24 times normal volume. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Fell Below 200 DMA Bearish -0.18%
Stochastic Reached Oversold Weakness -0.18%
BB Squeeze Ended Range Expansion -0.18%
Outside Day Range Expansion -0.18%
Down 3 Days in a Row Weakness -0.18%
Down 4 Days in a Row Weakness -0.18%
Down 5 Days in a Row Weakness -0.18%
Oversold Stochastic Weakness -0.18%
MACD Bearish Centerline Cross Bearish -1.61%
200 DMA Support Bullish -1.61%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Possible NR7 about 3 hours ago
Lower Bollinger Band Support about 6 hours ago
Fell Below Lower Bollinger Band about 7 hours ago
Down 1% about 7 hours ago
200 DMA Resistance about 7 hours ago

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Profile

Helmerich & Payne, Inc. Description

Helmerich & Payne, Inc. engages in the contract drilling of oil and gas wells. It provides drilling rigs, equipments, personnel, and camps on a contract basis to explore for and develop oil and gas from onshore areas and fixed platforms, tension-leg platforms, and spars in offshore areas. The company conducts land drilling operations primarily in Oklahoma, California, Texas, Wyoming, Colorado, Louisiana, Pennsylvania, Ohio, Utah, Arkansas, New Mexico, Montana, North Dakota, and West Virginia; offshore drilling operations in the Gulf of Mexico, California, Trinidad, and Equatorial Guinea; and international land drilling operations in Ecuador, Colombia, Argentina, Tunisia, Bahrain, and the United Arab Emirates. As of September 30, 2012, it had a fleet of 282 land rigs and 9 offshore platform rigs in the United States; 9 land rigs in Argentina; 7 land rigs in Colombia; 5 land rigs in Ecuador; 2 land rigs in Tunisia; 4 land rigs in Bahrain; and 2 land rigs in the United Arab Emirates. The company is also involved in the ownership, development, and operation of commercial real estate; and research and development of rotary steerable technology. Its real estate investments comprise a shopping center containing approximately 441,000 leasable square feet; multi-tenant industrial warehouse properties with approximately 1,000,000 leasable square feet; and approximately 210 acres of undeveloped real estate. Helmerich & Payne, Inc. was founded in 1920 and is headquartered in Tulsa, Oklahoma.


Classification

Sector: Energy
Industry: Oil & Gas Drilling
Keywords: Petroleum Industry Oil And Gas Construction Petroleum Production Oil Wells Gas Wells Real Estate Investment Drilling Rig Offshore Drilling Precision Drilling Oil And Gas Wells Oil Platform Undeveloped Real Estate

Is HP a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 54.58
52 Week Low 31.55
Average Volume 1,136,215
200-Day Moving Average 45.59
50-Day Moving Average 48.22
20-Day Moving Average 48.06
10-Day Moving Average 47.85
Average True Range 2.32
RSI 39.02
ADX 14.47
+DI 13.14
-DI 21.22
Chandelier Exit (Long, 3 ATRs) 44.29
Chandelier Exit (Short, 3 ATRs) 51.74
Upper Bollinger Bands 51.00
Lower Bollinger Band 45.12
Percent B (%b) 0.04
BandWidth 12.22
MACD Line -0.37
MACD Signal Line -0.06
MACD Histogram -0.3084
Fundamentals Value
Market Cap 4.88 Billion
Num Shares 108 Million
EPS -0.69
Price-to-Earnings (P/E) Ratio -65.44
Price-to-Sales 1.45
Price-to-Book 0.77
PEG Ratio 3.50
Dividend 1.00
Dividend Yield 2.21%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 48.96
Resistance 3 (R3) 49.28 48.41 48.36
Resistance 2 (R2) 48.41 47.49 48.24 48.16
Resistance 1 (R1) 46.88 46.92 46.44 46.55 47.96
Pivot Point 46.00 46.00 45.78 45.84 46.00
Support 1 (S1) 44.47 45.08 44.04 44.15 42.74
Support 2 (S2) 43.60 44.52 43.43 42.54
Support 3 (S3) 42.07 43.60 42.34
Support 4 (S4) 41.74