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HELMERICH & PAYNE INC.
HELMERICH & PAYNE INC.
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: HP
ISIN:

HELMERICH & PAYNE INC. - Daily - Technical analysis published on 11/20/2019 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
33%
28%
39%
My opinion
Bearish under 41.88 USD
My targets
36.37 USD (-5.31%)
29.07 USD (-24.32%)
My analysis
HELMERICH & PAYNE INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 41.88 USD. The next support located at 36.37 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 29.07 USD. Below this support, sellers could then target 18.17 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
5.5

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Vincent Launay
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

HELMERICH & PAYNE INC. rating 38.41 USD. The price is lower by -1.11% since the last closing and was between 37.40 USD and 38.64 USD. This implies that the price is at +2.70% from its lowest and at -0.60% from its highest.

37.40
38.64
38.41

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in Daily of this HELMERICH & PAYNE INC. chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : Daily


Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily



An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


RSI indicator is back under 50

Type : Bearish

Timeframe : Daily


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily


Ichimoku : price is under the cloud

Type : Bearish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : Daily


Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 18.17 29.07 36.37 38.41 41.88 44.99 52.06
Change (%) -52.69% -24.32% -5.31% - +9.03% +17.13% +35.54%
Change -20.24 -9.34 -2.04 - +3.47 +6.58 +13.65
Level Major Minor Major - Intermediate Intermediate Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard36.0037.1137.9839.0939.9641.0741.94
Camarilla38.3038.4838.6638.8439.0239.2039.38
Woodie35.8737.0537.8539.0339.8341.0141.81
Fibonacci37.1137.8738.3439.0939.8540.3241.07


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard36.3637.7239.1440.4941.9243.2744.70
Camarilla39.8040.0540.3140.5640.8241.0741.32
Woodie36.3937.7339.1740.5141.9543.2944.73
Fibonacci37.7238.7839.4340.4941.5642.2143.27


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard29.6132.3634.6037.3639.6042.3544.59
Camarilla35.4735.9336.3936.8437.3037.7638.22
Woodie29.3532.2334.3537.2339.3442.2344.34
Fibonacci32.3634.2735.4537.3639.2740.4542.35

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 46.09
MACD (12,26,9): 0.2200
Directional Movement: -0.83
AROON (14): 78.57
DEMA (21): 39.65
Parabolic SAR (0,02-0,02-0,2): 41.85
Elder Ray (13): -1.46
Super Trend (3,10): 36.31
Zig ZAG (10): 38.41
VORTEX (21): 0.9600
Stochastique (14,3,5): 52.83
TEMA (21): 39.94
Williams %R (14): -62.90
Chande Momentum Oscillator (20): -1.07
Repulse (5,40,3): -1.2600
ROCnROLL: 2
TRIX (15,9): 0.1400
Courbe Coppock: 4.90
MA7: 39.67
MA20: 39.47
MA50: 39.31
MA100: 41.35
MAexp7: 39.40
MAexp20: 39.35
MAexp50: 39.58
MAexp100: 41.59
Price / MA7: -3.18%
Price / MA20: -2.69%
Price / MA50: -2.29%
Price / MA100: -7.11%
Price / MAexp7: -2.51%
Price / MAexp20: -2.39%
Price / MAexp50: -2.96%
Price / MAexp100: -7.65%

News


Don"t forget to follow the news on HELMERICH & PAYNE INC.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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