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Downtrend Broken Resist.Archive - 9/18/2026 - 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 the negative week for the Helmerich & Payne (HP). During the week, the HP dropped -3.13 points, or -7.11%, and closed at 40.91 on Friday, September 18, 2026. It was the worst weekly loss since June 18, 2026. HP was trading at average weekly trading volume. 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 Channel chart pattern. The downtrend resistance line (3.62) is broken. A broken support is considered to be a long-term bullish signal. 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 long-term trend.
Medium-term trend: [See HP medium-term trend chart] A medium-term uptrend had started on July 6, 2026 at 30.40 and reached 48.17 on September 2, 2026. HP gained -17.77 points, or -58.45%, in 8 weeks. The price is now at the 40.86% retracement level.
Weekly Technical Indicators: [See HP weekly technical indicators chart] Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. 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 link to access Lane's Stochastic help. The weekly MACD line is above its signal line since August 14, 2026. This is an indication that the medium-term trend is up. 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 September 2, 2026 at 48.17 and reached 40.90 on September 18, 2026. HP lost 7.27 points, or 15.09%, in 16 days. Price is near the trend low.
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. Use the following link to access Williams' Percentage Range help. The daily MACD line is below its signal line since September 3, 2026. This is an indication that the short-term trend is down. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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. During the last week, the price has declined below the moving average in the center of the Bollinger Bands. 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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