HPK Price Prediction Next Week
Analysis and Insights
Technical Analysis:
HighPeak Energy Inc (HPK) is currently trading at $12.59, near its 52-week low of $11.95. The stock's Relative Strength Index (RSI) is at 25.5, significantly below the average RSI of 42.7 for energy stocks, indicating potential exhaustion of recent selling and possible buying opportunities.
Fibonacci Levels:
The Fibonacci levels for HPK suggest key resistance at $12.60 and $13.10, with support at $11.80. The stock is currently trading near the pivot point of $11.80, which could act as a potential buying opportunity.
Short Interest Trends:
Short interest in HPK has spiked from 23.8% to 29.5% following Q4 results, indicating increased bearish sentiment. However, this also sets up the potential for a short squeeze if the stock begins to rise.
MACD Analysis:
The MACD for HPK is currently at -0.30, with a signal line of 0.17, suggesting a potential bullish crossover in the near term.
Bollinger Bands:
The stock is trading near the lower end of the Bollinger Bands, with a current price of $12.59 and a lower band of $10.50. This indicates potential oversold conditions and a possible rebound.
Moving Averages:
The 5-day SMA is currently below the 10-day SMA, but the 20-day SMA is slightly above, suggesting a potential consolidation phase.
News Sentiment:
The recent earnings report for HPK showed better-than-expected results, but sales volumes were only up 1%, and management's 2025 production guidance was flat or lower. This mixed news has led to a decline in the stock price, but the oversold condition and potential short squeeze could drive a rebound.
Conclusion:
Based on the technical indicators and news sentiment, HPK is likely to experience a bullish reversal in the next trading week. The stock is oversold, and the potential for a short squeeze, combined with the approach to key support levels, suggests a buying opportunity.
Prediction: The stock price of HPK is expected to rise to $13.10 in the next trading week.
Recommendation: Buy HPK at the current price level with a target of $13.10.
HPK Similar Chart Price Prediction
The price of HPK is predicted to go up -4.37%, based on the high correlation periods with WB. The similarity of these two price pattern on the periods is 98.14%.
HPK
WB
Down: -4.37%Similarity: 98.14%
HPK Revenue Forecast
HPK EPS Forecast
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HPK Analyst's Forecast
Neal Dingmann
Truist Securities
Hold
2025-03-13
Price Target
$15 → $13
Upside
+16.49%
Truist lowered the firm's price target on HighPeak Energy to $13 from $15 and keeps a Hold rating on the shares. The company continues to demonstrate relatively steady operations that has led to largely stable production, the analyst tells investors in a research note. HighPeak is also calling for minimally sequentially higher capital spend that should result in mostly flat y/y production, with the management having done a solid job in recent quarters of building inventory and accompanying infrastructure to ensure ample upcoming drilling opportunities, though the price target cut is in sympathy with the small cap group that now trades at a lower average multiple. Truist adds.
Neal Dingmann
Truist Securities
Hold
2025-01-13
Price Target
$14 → $15
Upside
+1.49%
Neal Dingmann
Truist Securities
Hold
2024-09-30
Price Target
$14 → $12
Downside
-13.54%
