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Oil & Gas Drilling Industry Stocks Technical Analysis - HPArchive - 10/24/2025 - Sign In to see current Signals. |
Helmerich & Payne (HP) Technical Analysis
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| Summary:
| | Weekly :     | | Daily :    Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Helmerich & Payne (HP). During the week, the HP gained 2.53 points, or 10.95%, and closed at 25.64 on Friday, October 24, 2025. Weekly volume was -21% 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 Wedge chart pattern. The downtrend support line (27.23) is broken. Usually a broken support is considered to be a long-term bearish signal, although a short-term pull back is possible. 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 support in a long-term trend.
Medium-term trend: [See HP medium-term trend chart] A medium-term uptrend had started on July 1, 2025 at 15.08 and reached 25.96 on October 24, 2025. HP gained -10.88 points, or -72.15%, in 16 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (22.90) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 medium-term trend.
Weekly Technical Indicators: [See HP weekly technical indicators chart] Weekly Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly 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 Lane's Stochastic and Williams' Percentage Range help. 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 near its high and getting bigger. It indicates that the current medium-term uptrend is strong. 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 October 10, 2025 at 21.73 and reached 25.96 on October 24, 2025. HP gained -4.23 points, or -19.47%, in 14 days. The price is now at the 7.57% retracement level.
Daily Technical Indicators: [See HP daily technical indicators chart] Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. 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 |
11 |
| Industry |
Oil & Gas Drilling |
120 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
21.73 |
| Low Date |
10/10/2025 |
| High |
25.96 |
| High Date |
10/24/2025 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Channel |
| Status |
Broken Resistance |
| Resistance |
25.13 |
| Support |
22.90 |
| Low |
15.08 |
| Low Date |
07/01/2025 |
| High |
25.96 |
| High Date |
10/24/2025 |
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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 |
14.65 |
| Low Date |
05/22/2025 |
| High |
25.96 |
| High Date |
10/24/2025 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
46.55 |
| High Date |
09/14/2023 |
| Low |
14.65 |
| Low Date |
05/22/2025 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Wedge |
| Status |
Broken Support |
| Resistance |
29.93 |
| Support |
27.23 |
| High |
54.59 |
| High Date |
06/08/2022 |
| Low |
14.65 |
| Low Date |
05/22/2025 |
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