HEWLETT PACKARD ENTERPRISE (2HP.DE) Stock Technical Analysis
FRA:2HP - US42824C1099 - Common Stock
20.78 EUR
+0.35 (+1.69%)
Overall 2HP gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, 2HP is showing a nice and steady performance.
Warning: 2HP has an average volume of 2121 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, 2HP did better than 91% of all other stocks.
2HP is one of the better performing stocks in the Technology Hardware, Storage & Peripherals industry, it outperforms 81% of 28 stocks in the same industry.
2HP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so 2HP is lagging the market slightly.
In the last month 2HP has a been trading in the 17.65 - 20.79 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although 2HP has an excellent technical rating, the quality of the presented setup is not ideal 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
17.06
20.99
When analyzing the support we can see 2 important areas.
- A support zone ranging from 18.76 to 19.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.23 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The long term trend for 2HP.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 2HP.DE is up. |
| ChartMill Relative Strength | 91.15 | POSITIVE | 2HP.DE has a high relative strength, it outperformed 91.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 2HP.DE is above 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) | UP | POSITIVE | The current price of 2HP.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.21 | NEUTRAL | The RSI value for 2HP.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests 2HP.DE has a positive trend. |
| Stochastics (14,3) | 87.33 | OVERBOUGHT | The high Stochastics value suggests 2HP.DE may be overbought. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for 2HP.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 31.84 | POSITIVE | The high ADX value value for 2HP.DE suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 20.80 | 18.76 | 2.04 (9.80%) | 10.21% |
| An entry @20.80. This is a Buy Stop order right above the 10 day high. | An exit @18.76. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.04 points, which is 9.80%. | For a 1.00% total portfolio risk, you can invest 10.21% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FRA:2HP (9/10/2025, 7:00:00 PM)
20.78
+0.35 (+1.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg1.69%
1 Week6.29%
2 Weeks6.89%
1 Month16.68%
3 Month34.15%
6 Month45.52%
12 Month35.59%
2 Year23.51%
3 Year66.03%
5 Year163.94%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.52
ATR(20)%2.46%
ATR Inc-24.59%
Range Today0.3
ADR(20)0.36
ADR(20)%1.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.15
Mansfield0.51
10 Day High20.79
10 Day Low18.77
20 Day High20.79
20 Day Low17.65
52 Week High23.59
52 Week Low10.6
CS1 End19.81
CR1 StartN/A
Volume & EV
DER(3)11.25%
DER(5)8.37%
Volume2.65K
Volume Incr27.21%
Vol(5)2.45K
Vol(50)2.12K