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Archive
- 6/6/2025 -
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Helmerich & Payne (HP) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a first positive week after 4 consecutive negative weeks for the Helmerich & Payne (HP). During the week, the HP gained 1.50 points, or 9.84%, and closed at 16.75 on Friday, June 6, 2025. It was the best weekly gain since January 17, 2025. Weekly volume was 39% above average.
HP is a member of Energy Sector. Energy is the most oversold sector. HP is a member of Oil & Gas Drilling Industry. Oil & Gas Drilling is the most oversold industry. 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 Descending Triangle chart pattern. The downtrend support line (29.72) 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 downtrend had started on January 17, 2025 at 37.30 and reached 14.65 on May 22, 2025. HP lost 22.65 points, or 60.72%, in 17 weeks. The price is now at the 9.27% retracement level.
 Weekly Technical Indicators: [See HP weekly technical indicators chart]
Weekly Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Lane's Stochastic or strongly oversold weekly Williams' Percentage Range. During the last week, weekly Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Weekly Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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 below its signal line since January 31, 2025. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See HP short-term trend chart]
A short-term downtrend had started on April 1, 2025 at 26.83 and reached 14.65 on May 22, 2025. HP lost 12.18 points, or 45.40%, in 51 days. The price is now at the 17.24% retracement level.
 Daily Technical Indicators: [See HP daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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