|
|
|
|
Oil & Gas Drilling Industry Stocks Technical Analysis - HPArchive
- 7/24/2026 -
Sign In to see current Signals. |
Helmerich & Payne (HP) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was a third positive week after 3 consecutive negative weeks for the Helmerich & Payne (HP). During the week, the HP gained 1.20 points, or 3.51%, and closed at 35.34 on Friday, July 24, 2026. Weekly volume was -48% below average.
 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 (7.74) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. HP may retest the broken resistance line. It is considered to be a support line now. 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 downtrend had started on May 19, 2026 at 41.82 and reached 30.40 on July 6, 2026. HP lost 11.42 points, or 27.31%, in 6 weeks. The price is now at the 43.26% retracement level.
 Weekly Technical Indicators: [See HP weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since May 29, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. 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 July 6, 2026 at 30.40 and reached 36.07 on July 23, 2026. HP gained -5.67 points, or -18.65%, in 17 days. The price is now at the 12.87% retracement level.
 Daily Technical Indicators: [See HP daily technical indicators chart]
Daily Relative Strength Index and Williams' Percentage Range are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index and Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Relative Strength Index and Williams' Percentage Range help.
The daily MACD line is above its signal line since July 9, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.
| |
|
|
|
|
| Daily Oscillators |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Energy |
5 |
| Industry |
Oil & Gas Drilling |
18 |
|
| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
32.60 |
| Low Date |
07/15/2026 |
| High |
36.07 |
| High Date |
07/23/2026 |
|
| Weekly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| Low |
30.40 |
| Low Date |
07/06/2026 |
| High |
36.07 |
| High Date |
07/23/2026 |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
41.82 |
| High Date |
05/19/2026 |
| Low |
30.40 |
| Low Date |
07/06/2026 |
|
| Quarterly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| Low |
14.65 |
| Low Date |
05/22/2025 |
| High |
41.82 |
| High Date |
05/19/2026 |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Channel |
| Status |
Broken Resistance |
| Resistance |
26.96 |
| Support |
7.74 |
| High |
54.59 |
| High Date |
06/08/2022 |
| Low |
14.65 |
| Low Date |
05/22/2025 |
|
|