Halliburton Is Down 29%. What This 4,255 Day Drop Means.

Halliburton's 4,255-Day Drawdown: What the Move to the Yellow Zone Means

Halliburton Company (HAL) has officially moved from the red zone to the yellow zone as of May 18, 2026. The stock currently sits at a -28.6% drawdown from its all-time high of $59.92. This transition marks a measurable shift in the Drawdown Severity Score™, which now stands at 4.9.

Measuring the Shift from the Red Zone

The move out of the red zone indicates a reduction in the extreme risk profile the stock has maintained during this period. As of May 18, 2026, the Drawdown Severity Score™ of 4.9 places the stock in the "Significant" category. While this is an improvement from the previous red zone status, the current price of $42.78 remains notably below its historical peak.

Our data shows that this specific drawdown has lasted for 4,255 days. This duration far exceeds the historical average for the stock. In the context of the 105 total historical drawdown events we have recorded for Halliburton Company (HAL), the current cycle is an extreme outlier in terms of length.

Analyzing the 4,255-Day Decline

The current -28.6% drawdown must be viewed against the stock's full trading history. The average max drawdown for the ticker is -8.0%. The current decline is more than three times the historical average, which explains why the Drawdown Severity Score™ remains in the yellow zone despite the recent improvement from the red zone.

Historical data reveals that the average drawdown duration for this asset is typically 98 days. The current 4,255-day stretch represents a significant departure from normal price behavior. We track these deviations to provide context on how current price action compares to the asset's established volatility patterns.

Historical Comparison of Major Drawdowns

Our data identifies a specific subset of historical events where the stock experienced deep pullbacks. Halliburton Company (HAL) has dropped by 50% or more exactly 4 times in its history. These severe events provide the most relevant data points for the current recovery trajectory.

The average duration of these comparable drops is 1,670 days. It is important to note that this is a small sample size of only 4 events. While the current drawdown of -28.6% is less severe than a 50% drop, the total duration of 4,255 days has already surpassed the average recovery time of those more extreme historical instances.

Data-Only Analysis Framework

This analysis relies exclusively on verified price, drawdown, severity, and duration data. We do not incorporate external market narratives, corporate developments, or macroeconomic factors into this assessment. Our proprietary model focuses on the mathematical reality of the stock's distance from its all-time high and the speed of its recovery.

The Drawdown Severity Score™ is a purely quantitative measure. It does not account for fundamental shifts in the business or broader sector trends. We provide this data to help investors understand the historical context of the current price level without the influence of subjective market sentiment.

Critical Thresholds to Monitor

As Halliburton Company (HAL) continues its recovery, several data points will determine its future risk categorization. A move back above the current -28.6% drawdown level would be required to further lower the Drawdown Severity Score™. Conversely, a reversal that increases the drawdown depth could trigger a return to the red zone.

We will continue to monitor the Drawdown Severity Score™ for changes in momentum. The stock remains in a significant drawdown relative to its $59.92 all-time high. Future updates will trigger if the stock crosses into the green zone or if the drawdown duration reaches new record levels.