Category Archives: Coppock Curve

Coppock Curve: Helmerich & Payne

On Monday February 12, 2018, we kicked off the Coppock Curve series with one of the largest oil field service company, Halliburton. Today, we continued on that oil sector review with a drilling company, Helmerich & Payne (HP).

One aspect that we like about Helmerich & Payne is its long history. Because of that, we are able to extract the data going back as far as 1982. The chart below displays HP's Coppock Curve from 1982 until now. Such a long history allows us to study the effectiveness of this strategy. Continue reading

Coppock Curve: Halliburton

We're beginning a new series of the Coppock Curve by applying this technical indicator against individual stocks. First on our list is Halliburton (HAL). Continue reading

Coppock Curve: September 2017

It's been several months since we last updated the Coppock Curve. The reason was that once the indicator is in the positive territory, it provide no substantial value to long-term investor.

However, the indicator has reached an interesting level with strong resistance to the upside. We'll elaborate further after review of the chart below. Continue reading

Technical Take: Altria

Below we outline the technical view on Altria (MO) applying Dow Theory, Coppock Curve and the Spare/Tengler models.  Dow Theory is a “price as a reflection of value” method which we use to determine downside targets.  The Coppock Curve highlights possible buy indications.  When we apply the Spare/Tengler methodology, a technical approach to viewing fundamental data, we find some level of coincidence with Dow Theory.

Review: O’Reilly Automotive

On July 5, 2017, O’Reilly Automotive (ORLY) suffered a substantial decline in share price when the company reported that same store sales decline –1.7% as contrasted with consensus expectation of +3.90%.  Below we outline the downside targets and a Coppock Curve analysis.