NYSE:HP - New York Stock Exchange, Inc. - US4234521015 - Common Stock - Currency: USD
Overall HP gets a technical rating of 0 out of 10. HP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of HP 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.
15.46
5 important resistance areas can be observed.
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 HP is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HP is down. |
ChartMill Relative Strength | 6 | NEGATIVE | HP has a low relative strength, it was outperformed by 94% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HP is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HP is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HP is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 29.19 | OVERSOLD | The low RSI value suggests HP may be oversold. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests HP has a negative trend. |
Stochastics (14,3) | 6.79 | OVERSOLD | The low Stochastics value suggests HP may be oversold. |
Average True Range in percent/ATR (20) | 5.77 | HIGH VOLATILITY | The high ATR as a percentage value for HP suggests high volalility. |
Average Directional Index/ADX (14) | 23.79 | NEUTRAL | The ADX value for HP suggests a possible start of a new trend. |
15.62
+0.41 (+2.7%)