AI HP Forecast + Trading Strategies

Bullish Case: HP's undervalued position combined with positive sector sentiment and recent upward price action suggest a potential for significant recovery in the near term, especially with volatility favoring bullish strategies.


Bearish Case: Persistent bearish historical performance, high implied volatility above market expectations, and recent insider selling signal potential for further downside risk, possibly maintaining a downward trend.


Potential Outcomes:

1. Recovery to $40 or higher (30% chance).

2. Continued downward trend to around $30 (40% chance).

3. Stabilization in the $32-$34 range (30% chance). Impacts include market sentiment shifts and volatility trends.


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September 25, 2024


Helmerich & Payne Forecast

HP        Helmerich & Payne
















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