HP ENTERPRISE CO - HPE 7 5/8 09/01/27 (HPE-C) Stock Technical Analysis
NYSE:HPE-C - US42824C2089
61.68 USD
+1.96 (+3.28%)
61.68 USD
0 (0%)
We assign a technical rating of 7 out of 10 to HPE-C. Although HPE-C is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
100% of all other stocks performed better in the past year than HPE-C.
The long and short term trends are both positive. This is looking good!
In the last month HPE-C has a been trading in the 57.46 - 62.18 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, HPE-C also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 61.68. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 60.79, a Stop Loss order could be placed below this zone.
More info and screens
57.26
62.80
2 important support areas can be observed.
- A support zone ranging from 60.05 to 60.79. 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 57.84 to 58.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 61.68 to 62.18. 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 HPE-C is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HPE-C is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | HPE-C has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HPE-C is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HPE-C is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HPE-C is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.41 | NEUTRAL | The RSI value for HPE-C is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests HPE-C has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 67.11 | NEUTRAL | The Stochastics value for HPE-C is a neutral value. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for HPE-C suggests low volalility. |
| Average Directional Index/ADX (14) | 24.34 | NEUTRAL | The ADX value for HPE-C suggests a possible start of a new 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 |
|---|---|---|---|
| 62.19 | 60.04 | 2.15 (3.46%) | 25.00% |
| An entry @62.19. This is a Buy Stop order right above the resistance zone. | An exit @60.04. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.15 points, which is 3.46%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.86%. |
- 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.
61.68
+1.96 (+3.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg3.28%
1 Week0.62%
2 Weeks4.04%
1 Month2.63%
3 Month19.53%
6 Month1.51%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.19
ATR(20)%1.87%
ATR Inc96.39%
Range Today1.73
ADR(20)0.83
ADR(20)%1.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High62.18
10 Day Low58.91
20 Day High62.18
20 Day Low57.46
52 Week HighN/A
52 Week LowN/A
CS1 End60.79
CR1 Start61.68
Volume & EV
DER(3)-0.63%
DER(5)-0.38%
Volume20.00K
Volume Incr-61.97%
Vol(5)48.74K
Vol(50)81.76K