HELMERICH & PAYNE (HP)
US4234521015 - Common Stock
Taking everything into account, HP scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month HP has a been trading in the 40.48 - 44.11 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
HP has an average volume of 1148410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, HP did better than 83% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
HP is an average performer in the Energy Equipment & Services industry, it outperforms 60% of 65 stocks in the same industry.
HP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HP is lagging the market slightly.
Besides having an excellent technical rating, HP also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 40.84, a Stop Loss order could be placed below this zone.
More info and screens
33.85
46.43
We found 2 important support areas.
- A support zone ranging from 40.84 to 40.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @34.19 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 44.85 to 45.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.41
Mansfield-0.29
10 Day High44.11
10 Day Low40.53
20 Day High44.11
20 Day Low40.48
52 Week High46.55
52 Week Low30.41
Performance
1 Week-5%
2 Weeks-5.81%
1 Month-1.23%
3 Month22.38%
6 Month-3.13%
12 Month13.5%
2 Year-11.25%
3 Year59.38%
5 Year-30.19%
10 Year-62.4%
15 Year32.54%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.36
RSI(14)44.82
LBB40.77
UBB44.16
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 42.42 | 40.83 | 1.59 (3.76%) | 25.00% |
| An entry @42.42. This is a Buy Stop order right above the 10 day moving average. | An exit @40.83. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.59 points, which is 3.76%. | For a 0.94% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of HP. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
HELMERICH & PAYNE
NYSE:HP (4/18/2024, 2:13:55 PM)
41.29
+0.44 (+1.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg1.08%
1 Week-5%
2 Weeks-5.81%
1 Month-1.23%
3 Month22.38%
6 Month-3.13%
12 Month13.5%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.09
ATR(20)%2.59%
ATR Inc
Range Today1.11
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High44.11
10 Day Low40.53
20 Day High44.11
20 Day Low40.48
52 Week High46.55
52 Week Low30.41
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume720.40K
Volume Incr-19.81%
Vol(5)905.56K
Vol(50)1.15M