Should You Buy Helmerich and Payne Inc (HP) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/29
HP is not a good buy right now for a beginner long-term investor who wants to act immediately. The chart is bullish in the near term, but the stock is already trading around where many price targets cluster ($34–$36), while the latest reported quarter (2025/Q4) showed sharply weaker profitability (net loss, EPS down, margins down). With hedge funds aggressively net selling and put volume dominating in options (near-term caution/hedging), the risk/reward at ~$33 looks more like “wait/hold” than “buy for long-term.”
Technical Analysis
Trend: Bullish-to-neutral near-term. Moving averages are stacked bullishly (SMA_5 > SMA_20 > SMA_200), suggesting an uptrend is in place. MACD histogram is above zero (0.0653) but contracting, implying upside momentum is fading rather than accelerating. RSI(6) ~66 is elevated but not extreme—price is pushing toward the upper end of its recent range.
Key levels: Pivot ~32.70 (near-term support). Resistance R1 ~33.73 then R2 ~34.37. At $33.10 the stock is close to resistance; upside may be harder without a fresh catalyst (e.g., earnings).
Pattern-based near-term odds (provided): modest next-day downside bias, but positive 1-week/1-month probabilities—this supports “not broken technically,” but it doesn’t override weakening fundamentals at this price.
Intellectia Proprietary Trading Signals
**Intellectia Proprietary Trading Signals**
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