NYSE:HPE • US42824C1099
We assign a technical rating of 5 out of 10 to HPE. HPE has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
HPE has an average technical rating and it also does not offer a high 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.
19.61
When analyzing the support we can see 4 important areas.
We can see 2 important resistance areas.
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 | NEUTRAL | NEUTRAL | The long term trend for HPE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HPE is up. |
| ChartMill Relative Strength | 57.93 | NEUTRAL | HPE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HPE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HPE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HPE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.48 | NEUTRAL | The RSI value for HPE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests HPE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.14 | OVERBOUGHT | The high Stochastics value suggests HPE may be overbought. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for HPE suggests some volalility. |
| Average Directional Index/ADX (14) | 22.74 | NEUTRAL | The ADX value for HPE suggests a possible start of a new trend. |
23.81
-0.16 (-0.67%)
ChartMill assigns a technical rating of 5 / 10 to HPE.
The current trend direction for HEWLETT PACKARD ENTERPRISE (HPE) is Bearish.
HEWLETT PACKARD ENTERPRISE (HPE) has an RSI value of 60.4842. This indicates that the stock is currently neutral.
The short term momentum for HEWLETT PACKARD ENTERPRISE (HPE) is positive.