HP ENTERPRISE CO - HPE 7 5/8 09/01/27 (HPE-C) Stock Technical Analysis
NYSE:HPE-C - New York Stock Exchange, Inc. - US42824C2089 - Currency: USD
Taking everything into account, HPE-C scores 6 out of 10 in our technical rating. HPE-C has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
Although the technical rating is only medium, HPE-C does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 51.92, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
50.83
When analyzing the support we notice one important area.
- A support zone ranging from 51.34 to 51.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 52.38 to 52.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @53.78 from a horizontal line in the daily time frame.
- Resistance @61.70 from a horizontal line in the daily time frame.
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 |
|---|---|---|---|
| 52.56 | 51.33 | 1.23 (2.34%) | 25.00% |
| An entry @52.56. This is a Buy Stop order right above the resistance zone. | An exit @51.33. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.23 points, which is 2.34%. | For a 0.59% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of HPE-C. 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.
HP ENTERPRISE CO - HPE 7 5/8 09/01/27
NYSE:HPE-C (5/21/2025, 8:04:01 PM)
51.93
-0.36 (-0.69%)