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Oil & Gas Drilling Industry Stocks Technical Analysis - HPArchive
- 3/13/2026 -
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Helmerich & Payne (HP) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a first positive week for the Helmerich & Payne (HP). During the week, the HP gained 1.56 points, or 4.58%, and closed at 35.65 on Friday, March 13, 2026. Weekly volume was -22% below average.
HP is a member of Energy Sector. Energy is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See HP long-term trend chart]
A long-term downtrend had started on June 8, 2022 at 54.59 and reached 14.65 on May 22, 2025. HP lost 39.94 points, or 73.16%, in 154 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (10.11) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
 Medium-term trend: [See HP medium-term trend chart]
A medium-term uptrend had started on May 22, 2025 at 14.65 and reached 36.73 on February 4, 2026. HP gained -22.08 points, or -150.72%, in 36 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 33.09 and resistance is at 38.03. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.
 Weekly Technical Indicators: [See HP weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since July 3, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.
 Short-term trend: [See HP short-term trend chart]
A short-term uptrend had started on March 9, 2026 at 33.06 and reached 35.93 on March 13, 2026. HP gained -2.87 points, or -8.68%, in 4 days. The price is now at the 9.76% retracement level.
Daily Technical Indicators: [See HP daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since February 10, 2026. The distance between MACD and the signal line is low and getting smaller.
During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands is falling, and it was 8.08% on Friday. It is 61.55% lower than one year average. It indicates the period of low volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Energy |
12 |
| Industry |
Oil & Gas Drilling |
104 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
33.48 |
| Low Date |
03/12/2026 |
| High |
35.93 |
| High Date |
03/13/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
33.06 |
| Low Date |
03/09/2026 |
| High |
35.93 |
| High Date |
03/13/2026 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Symmetric Triangle |
| Status |
Valid |
| Resistance |
36.12 |
| Support |
33.34 |
| High |
36.73 |
| High Date |
02/04/2026 |
| Low |
31.94 |
| Low Date |
02/12/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Channel |
| Status |
Valid |
| Resistance |
38.03 |
| Support |
33.09 |
| Low |
14.65 |
| Low Date |
05/22/2025 |
| High |
36.73 |
| High Date |
02/04/2026 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Channel |
| Status |
Broken Resistance |
| Resistance |
29.26 |
| Support |
10.11 |
| High |
54.59 |
| High Date |
06/08/2022 |
| Low |
14.65 |
| Low Date |
05/22/2025 |
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