Technical Analysis for HP - Helmerich & Payne, Inc.

Grade Last Price % Change Price Change
F 38.47 1.69% 0.64
HP closed up 1.69 percent on Friday, May 3, 2024, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Calm After Storm Range Contraction 0.00%
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Inside Day Range Contraction 0.00%
Gapped Up Strength 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Calm After Storm Range Contraction 1.69%
NR7 Range Contraction 1.69%

   Recent Intraday Alerts

Alert Time
Possible NR7 3 days ago
Possible Inside Day 3 days ago
Rose Above Lower Bollinger Band 3 days ago
Up 1% 3 days ago
Possible NR7 4 days 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: Oil And Gas Petroleum Industry Construction Petroleum Production Oil Wells Real Estate Investment Gas Wells 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 45.514
52 Week Low 28.9185
Average Volume 1,131,048
200-Day Moving Average 39.27
50-Day Moving Average 40.68
20-Day Moving Average 41.09
10-Day Moving Average 40.15
Average True Range 1.28
RSI (14) 37.11
ADX 28.99
+DI 9.70
-DI 25.96
Chandelier Exit (Long, 3 ATRs) 40.26
Chandelier Exit (Short, 3 ATRs) 41.56
Upper Bollinger Bands 44.22
Lower Bollinger Band 37.96
Percent B (%b) 0.08
BandWidth 15.23
MACD Line -0.68
MACD Signal Line -0.18
MACD Histogram -0.4935
Fundamentals Value
Market Cap 3.8 Billion
Num Shares 98.8 Million
EPS 4.19
Price-to-Earnings (P/E) Ratio 9.18
Price-to-Sales 1.33
Price-to-Book 1.36
PEG Ratio 1.67
Dividend 1.00
Dividend Yield 2.60%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 39.55
Resistance 3 (R3) 39.43 38.96 39.37
Resistance 2 (R2) 38.96 38.69 39.02 39.31
Resistance 1 (R1) 38.72 38.52 38.84 38.83 39.25
Pivot Point 38.24 38.24 38.31 38.30 38.24
Support 1 (S1) 38.00 37.97 38.12 38.11 37.69
Support 2 (S2) 37.53 37.80 37.58 37.63
Support 3 (S3) 37.28 37.53 37.57
Support 4 (S4) 37.39