HPQ Technical Signal Analysis
HPQ have 5 buy signals and 4 sell signals now. The current trend is consolidation starting from 2025-03-07. The total price change during this trend is -8.61%. Recently, the price has decreased but the volume has also decreased, indicating a potential rebound signal. The average turnover of HPQ over last 5 trading day is $272,601,117.63
5 Bullish Signal
4 Bearish Signal
Name
Signal
Value
Meaning
Relative Strength Index (14 days)
RSI_14 < 30
25.38
Bullish
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
4.23
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-108.71
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
7.52
Bullish
Williams %R (14 days)
WILLR_14 < -80
-96.84
Bullish
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-3.01
Bearish
Momentum (10 days)
MOM_10 < 0
-5.22
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-1.25
Bearish
Closing price
close < fibonacci_S1
27.91
Bearish
5 Bullish Signal
Name
Signal
Value
Meaning
Relative Strength Index (14 days)
RSI_14 < 30
25.38
Bullish
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
4.23
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-108.71
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
7.52
Bullish
Williams %R (14 days)
WILLR_14 < -80
-96.84
Bullish
HPQ Support and Resistance Level
The support levels for HPQ are at 28.1, 27.22, and 25.78, while the resistance levels are at 30.98, 31.86, and 33.3. With the current stock price at 27.91, it is leaning more toward the support levels.
HPQ Technical Analysis
Technical Analysis of HPQ Stock
Current Price and Key Levels:
- Current Price: $30.63
- Target Price: $32.02 (Fibonacci Pivot Level)
- Stop Loss: $29.63 (Recent Low)
Technical Indicators:
- RSI (6, 12, 14): 37.21, 36.06, 36.66 (Below 70, indicating no overbought conditions).
- Stochastic Oscillator (14, 3, 3): K=13.69, D=7.96 (Oversold territory, potential buy signal).
- MACD (12, 26, 9): Line=-0.83, Signal=-0.42 (Bearish crossover, but weakening momentum).
- Bollinger Bands (20, 3): Lower=$27.12, Middle=$32.62, Upper=$38.12 (Price near lower band, potential bounce).
Price Action:
- The stock is consolidating between $29.63 and $30.61, with a potential breakout above $30.61.
- Fibonacci Pivot at $32.02 acts as a key resistance level.
Recommendation:
Buy at the current price of $30.63, with a target of $32.02 and a stop loss at $29.63.
This recommendation is based on the oversold Stochastic Oscillator, proximity to the lower Bollinger Band, and the stock's consolidation near support levels. However, be cautious of the bearish MACD crossover, which may indicate continued downward pressure if support fails.
HPQ FAQs
Which bull technical signals does HPQ have?
Which bearish technical signals does HPQ have?
How reliable is technical analysis?
How can I use moving averages to set entry and exit points for HPQ stock?
Is HPQ a buy based on overall technical signals summary?
HPQ Buy or Sell
HPQ has 5 buy signals and 4 sell signals now. Overall the technical rating for HPQ is Neutral.
Neutral
Sell
4
Buy
5
HPQ 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 27.91 below the SMA_5. In the short term, the stock shows a negative trend with the 29.1 below the SMA_20. In the mid term, the stock shows a negative trend with the 31.81 below the SMA_60. In the long term, the stock shows a negative trend with the 32.58 below 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
Negative
SMA_60 Below SMA_200
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What do technical indicators suggest about HPQ's current trend?What are HPQ's key support and resistance levels?