HPE Technical Signal Analysis
HPE have 5 buy signals and 3 sell signals now. The current trend is uptrend starting from 2025-03-10. The total price change during this trend is -2.06%. Recently, the price has decreased with an increase in volume, indicating a strong bearish signal. The average turnover of HPE over last 5 trading day is $620,905,001.22
5 Bullish Signal
3 Bearish Signal
Name
Signal
Value
Meaning
Relative Strength Index (14 days)
RSI_14 < 30
15.22
Bullish
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
4.07
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-132.77
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
8.48
Bullish
Williams %R (14 days)
WILLR_14 < -80
-98.04
Bullish
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-4.91
Bearish
Momentum (10 days)
MOM_10 < 0
-5.07
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-1.71
Bearish
5 Bullish Signal
Name
Signal
Value
Meaning
Relative Strength Index (14 days)
RSI_14 < 30
15.22
Bullish
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
4.07
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-132.77
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
8.48
Bullish
Williams %R (14 days)
WILLR_14 < -80
-98.04
Bullish
HPE Support and Resistance Level
The support levels for HPE are at 15.18, 13.9, and 11.81, while the resistance levels are at 19.35, 20.63, and 22.71. With the current stock price at 14.77, it is leaning more toward the support levels.
HPE Technical Analysis
Technical Analysis of HPE Stock
Current Price and Recent Performance
As of the latest data, HPE is trading at $15.97. The stock has experienced significant volatility recently, with a -15.14% decline in pre-market trading and an -11.97% drop during regular market hours. This sharp decline suggests strong selling pressure, potentially driven by recent earnings guidance and macroeconomic factors.
Technical Indicators
- RSI (6, 12, 14):
The Relative Strength Index (RSI) for HPE is 3.68 (RSI_6), 12.17 (RSI_12), and 14.88 (RSI_14). These readings are extremely low, indicating that the stock is oversold and could be due for a technical bounce. - MACD:
The MACD line is at -1.09, and the signal line is at -0.42, with a divergence of -0.67. This confirms a bearish trend, but the oversold RSI suggests potential for a short-term reversal. - Stochastic Oscillator:
The StochK is at 9.90, and StochD is at 10.51, both in oversold territory. This further supports the case for a potential rebound.
Fibonacci Levels
- Fibonacci Pivot: 18.45
- Resistance Levels: 20.86 (R1), 22.36 (R2)
- Support Levels: 16.03 (S1), 14.54 (S2)
The stock is currently trading below the Fibonacci pivot, indicating bearish momentum. However, the oversold conditions suggest that the stock may find support near the $16.03 level.
Recent News Impact
HPE's stock has been negatively impacted by its weaker-than-expected earnings guidance and revenue forecasts, citing challenges from tariffs, pricing pressure, and high AI inventory levels. The stock dropped over 15% after the announcement, reflecting investor concerns about the company's profitability and outlook.
Conclusion
Given the extremely low RSI and Stochastic Oscillator readings, HPE stock is technically oversold and could experience a short-term bounce. However, the broader bearish trend and negative news sentiment suggest caution.
Recommendation:
Buy HPE at the current price of $15.97, targeting a short-term rebound to $18.11 (SMA_10). However, be prepared for potential volatility and consider a stop-loss below $14.54 (Fibonacci S2).
Disclaimer: This analysis is for informational purposes only and should not be considered as investment advice. Always consult a financial advisor before making investment decisions.
HPE FAQs
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HPE Buy or Sell
HPE has 5 buy signals and 3 sell signals now. Overall the technical rating for HPE is Buy.
Buy
Sell
3
Buy
5
HPE Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 14.77 below the SMA_5. In the short term, the stock shows a negative trend with the 15.22 below the SMA_20. In the mid term, the stock shows a negative trend with the 19.07 below the SMA_60. In the long term, the stock shows a positive trend with the 21.02 above the SMA_200.
Swing
Negative
Stock Price Below SMA_5
Short Term
Negative
SMA_5 Below SMA_20
Mid Term
Negative
SMA_20 Below SMA_60
Long Term
Positive
SMA_60 Above SMA_200
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What do technical indicators suggest about HPE's current trend?What are HPE's key support and resistance levels?