Helmerich & Payne $HP Technical Update

The Helmerich & Payne (NYSE: HP) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for HP, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

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Technical Summary

Term →Near Mid Long
Bias Strong Neutral Neutral
P1 59.45 53.57 54.81
P2 61.16 60.27 62.57
P3 63.33 66.93 70.22

Long Term Trading Plans for HP

December 6, 2018, 10:45 am ET

The Technical Summary and Trading Plans for HP help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this HP Report.

HP - (Long) Support Plan

The technical summary data tells us to buy HP near 54.81 with an upside target of 62.57. This data also tells us to set a stop loss @ 54.55 to protect against excessive loss in case the stock begins to move against the trade. 54.81 is the first level of support below 60.59 , and by rule, any test of support is a buy signal. In this case, support 54.81 would be being tested, so a buy signal would exist.

HP - (Short) Resistance Plan

The technical summary data is suggesting a short of HP as it gets near 62.57 with a downside target of 54.81. We should have a stop loss in place at 62.83 though. 62.57 is the first level of resistance above 60.59, and by rule, any test of resistance is a short signal. In this case, if resistance 62.57 is being tested, so a short signal would exist.


HP Long Term Analysis


HP EPS Analysis

HP Dividend Chart

HP Revenue chart

HP Growth rate - Quarterly

HP Growth rate - Yearly

HP PE chart

HP PEG chart

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