HEWLETT PACKARD ENTERPRISE (2HP.DE) Stock Technical Analysis
FRA:2HP - Deutsche Boerse Ag - US42824C1099 - Common Stock - Currency: EUR
Overall 2HP gets a technical rating of 3 out of 10. In the past year, 2HP was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, 2HP is a bad performer in the overall market: 76% of all stocks are doing better.
Warning: 2HP has an average volume of 6182 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
2HP is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
2HP is an average performer in the Technology Hardware, Storage & Peripherals industry, it outperforms 52% of 26 stocks in the same industry.
2HP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so 2HP is lagging the market slightly.
The technical rating of 2HP is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
14.90
16.26
We found 1 important support area.
- A support zone ranging from 15.05 to 15.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 15.35 to 15.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.96 to 16.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for 2HP.DE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for 2HP.DE is neutral. |
| ChartMill Relative Strength | 24.62 | NEGATIVE | 2HP.DE has a low relative strength, it was outperformed by 75.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of 2HP.DE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 2HP.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of 2HP.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.38 | NEUTRAL | The RSI value for 2HP.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests 2HP.DE has a negative trend. |
| Stochastics (14,3) | 26.57 | NEUTRAL | The Stochastics value for 2HP.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for 2HP.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 17.01 | NEGATIVE | The low ADX value for 2HP.DE suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
FRA:2HP (6/2/2025, 7:00:00 PM)
15.056
-0.27 (-1.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg-1.79%
1 Week-1.4%
2 Weeks-5.61%
1 Month1.05%
3 Month8.55%
6 Month-33.26%
12 Month-17.89%
2 Year-1.88%
3 Year17.44%
5 Year74.74%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%2.64%
ATR Inc-22.43%
Range Today0.16
ADR(20)0.3
ADR(20)%1.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.62
Mansfield-1.86
10 Day High16.02
10 Day Low15
20 Day High16.2
20 Day Low14.45
52 Week High23.59
52 Week Low10.6
CS1 End15.05
CR1 Start15.35
Volume & EV
DER(3)18.15%
DER(5)79.79%
Volume402
Volume Incr-70.34%
Vol(5)621
Vol(50)6.18K