Question 1

What does the Stochastic Oscillator suggest about HP's trend?

Accepted Answer

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 45 of 58 cases where HP's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 2

How did HP's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 19, 2024. You may want to consider a long position or call options on HP as a result. In 67 of 85 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 3

What does MACD indicator imply for HP?

Accepted Answer

HP saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on August 02, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 48 instances where the indicator turned negative. In 31 of the 48 cases the stock moved lower in the days that followed. This puts the odds of a downward move at 0%.

Question 4

What is the significance of the 50-day moving average indicator for HP?

Accepted Answer

HP moved below its 50-day moving average on August 02, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 5

What is the significance of the 10-day moving average indicator for HP?

Accepted Answer

The 10-day moving average for HP crossed bearishly below the 50-day moving average on August 12, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 10 of 12 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 0%.

Question 6

What does a 3-day price advance indicate for HP?

Accepted Answer

Following a +0.86% 3-day Advance, the price is estimated to grow further. Considering data from situations where HP advanced for three days, in 240 of 304 cases, the price rose further within the following month. The odds of a continued upward trend are 79%.

Question 7

What does a 3-day decline signify for HP's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where HP declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 8

What does HP breaking above its upper Bollinger Band indicate?

Accepted Answer

HP may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 9

How does the Aroon Indicator reflect on HP's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 196 of 264 cases where HP Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

HP Stock Helmerich & Payne (HP, $36.12) Moving Average Convergence Divergence (MACD) Histogram turned negative on June 3, 2024

HP sees MACD Histogram crosses below signal line

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