HEWLETT PACKARD ENTERPRISE (2HP.DE) Stock Technical Analysis
FRA:2HP - Deutsche Boerse Ag - US42824C1099 - Common Stock - Currency: EUR
Taking everything into account, 2HP scores 7 out of 10 in our technical rating. 2HP has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Warning: 2HP has an average volume of 2072 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
2HP is part of the Technology Hardware, Storage & Peripherals industry. There are 28 other stocks in this industry. 2HP outperforms 77% of them.
In the last month 2HP has a been trading in the 15.43 - 18.40 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, 2HP did better than 78% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
2HP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so 2HP is lagging the market.
2HP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 18.24. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.93, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for 2HP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
15.91
18.42
When analyzing the support we can see 3 important areas.
- A support zone ranging from 17.77 to 17.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.23 to 17.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 16.07 to 16.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 18.24 to 18.24. 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 | 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 | 78.74 | POSITIVE | 2HP.DE has a high relative strength, it outperformed 78.74% 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) | 62.68 | NEUTRAL | The RSI value for 2HP.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests 2HP.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 71.55 | NEUTRAL | The Stochastics value for 2HP.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.61 | MEDIUM VOLATILITY | The ATR as a percentage value for 2HP.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 43.04 | 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 |
|---|---|---|---|
| 18.25 | 17.76 | 0.49 (2.68%) | 25.00% |
| An entry @18.25. This is a Buy Stop order right above the resistance zone. | An exit @17.76. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.49 points, which is 2.68%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.67%. |
- The distance between exit and entry is rather small compared to the average daily movement of 2HP. Please evaluate whether better entry and exit points can be found.
- 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 (7/18/2025, 7:00:00 PM)
18.066
+0.13 (+0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg0.7%
1 Week1.67%
2 Weeks-0.91%
1 Month15.51%
3 Month38.22%
6 Month-20.24%
12 Month-3.96%
2 Year14.67%
3 Year32.58%
5 Year121.15%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.44
ATR(20)%2.61%
ATR Inc6.73%
Range Today0.12
ADR(20)0.39
ADR(20)%2.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.74
Mansfield-0.55
10 Day High18.24
10 Day Low17.23
20 Day High18.4
20 Day Low15.43
52 Week High23.59
52 Week Low10.6
CS1 End17.93
CR1 Start18.24
Volume & EV
DER(3)18.22%
DER(5)20.88%
Volume282
Volume Incr-5.49%
Vol(5)2.09K
Vol(50)2.07K