HP Forecast


Bullish Case: HP boasts a solid dividend history and recent positive price momentum, suggesting underlying strength and investor confidence, which could translate into further gains.


Bearish Case: Insider selling, high option implied volatility, and significant long-term historical price declines point to continued uncertainty and potential bearish price action for HP.


Potential Outcomes:

1. Bullish reversal on growing momentum (30%).

2. Bearish continuation due to negative historical performance (45%).

3. Trading range with sideways market equilibrium (25%).


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April 13, 2024


Helmerich & Payne Forecast

HP        Helmerich & Payne
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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