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Downtrend exhaustion - Stock Market Timing Signals and trading strategies.

Downtrend exhaustion stock alert presents a stock market trading strategy based on combination of timing signals, technical indicators, trend analysis and pattern recognition. Stock market alert is a warning signal. It indicates that long term downtrend is exhausted and probability of long term trend reversal is high. Downtrend exhaustion stock market alert presents relatively low to medium risk - high reword stock pick for undervalued stocks. The strategy is based on taking long position on anticipation of downtrend reversal. Downtrend exhaustion timing strategy and stock trading system presents alerts for S&P 500 index members, ETFs and market indices. As S&P 500 trading system it shows excellent results for index timing also.

Downtrend Exhaustion

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- 5/23/2025 -
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Helmerich & Payne (HP) Technical Analysis

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Summary:
Weekly :Oversold sectorOversold industryBroken trend support line - Downtrend exhaustionRelative Strength Index and Lane's Stochastic oversoldWilliams' Percentage Range is strongly oversoldRelative Strength Index and Lane's Stochastic bullish divergence
Daily :Daily  MACD line has moved below its signal lineWilliams' Percentage Range and Lane's Stochastic are oversold
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It was the negative week for the Helmerich & Payne (HP). During the week, the HP dropped -2.34 points, or -13.15%, and closed at 15.46 on Friday, May 23, 2025. Weekly volume was 97% above average.

HP is a member of Energy Sector. Energy is the second 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 (29.74) is broken, while daily and weekly technical indicators are oversold. Downtrend 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 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. Price is near the trend low.

Weekly Technical Indicators: [See HP weekly technical indicators chart]
Weekly Relative Strength Index and Lane's Stochastic are oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Relative Strength Index and Lane's Stochastic or strongly oversold weekly Williams' Percentage Range. Weekly Relative Strength Index and Lane's Stochastic have bullish divergence. Use the following links to access the Relative Strength Index and Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index and 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, Relative Strength Index 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. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term downtrend is strong. 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 6.65% retracement level.

Daily Technical Indicators: [See HP daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range and Lane's Stochastic.

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 20.62
Williams' Percentage Range (W%R) 90.20
Strong Oversold
Lane's Stochastic (%D-Slow) 8.20
Strong Oversold
Greed/Fear Indicator (GFI) 12.87
Oversold
Moving Average Converg./Diverg. (MACD) -1.21
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 15.68
Oversold Bullish
Williams' Percentage Range (W%R) 97.50
Strong Oversold
Lane's Stochastic (%D-Slow) 13.43
Oversold Bullish
Greed/Fear Indicator (GFI) 17.16
Oversold
Moving Average Converg./Diverg. (MACD) -3.30 Bullish
Trading Signals
Description Value Chart
Upper Bollinger Band 21.11
50 Day Moving Average 20.89
20 Day Moving Average 18.25
Parabolic System 17.61
Weekly Stochastic Crossing 16.08
Price 15.46
Daily Stochastic Crossing 15.06
Lower Bollinger Band 14.97
Sector and Industry
Description Name Rank
Sector Energy 2
Industry Oil & Gas Drilling 1
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 26.83
High Date 04/01/2025
Low 14.65
Low Date 05/22/2025
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 37.30
High Date 01/17/2025
Low 14.65
Low Date 05/22/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 37.46
High Date 11/06/2024
Low 14.65
Low Date 05/22/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 46.55
High Date 09/14/2023
Low 14.65
Low Date 05/22/2025
Description Value
Direction Down
Chart Pattern Descending Triangle
Status Broken Support
Resistance 33.45
Support 29.74
High 54.59
High Date 06/08/2022
Low 14.65
Low Date 05/22/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.