HEWLETT PACKARD ENTERPRISE (HPE) Stock Technical Analysis
NYSE:HPE - New York Stock Exchange, Inc. - US42824C1099 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to HPE. Although HPE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
HPE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HPE is lagging the market slightly.
HPE is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
HPE has an average volume of 18742400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, HPE did better than 77% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
HPE is part of the Technology Hardware, Storage & Peripherals industry. There are 32 other stocks in this industry, HPE did better than 67% of them.
Besides having an excellent technical rating, HPE also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 20.89. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.81, 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
20.08
22.26
When analyzing the support we can see 2 important areas.
- A support zone ranging from 20.65 to 20.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.28 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 20.89 to 20.94. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 21.34 to 21.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 21.85 to 22.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HPE is up. |
| ChartMill Relative Strength | 77.64 | POSITIVE | HPE has a high relative strength, it outperformed 77.64% off all stocks 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) | 60.27 | NEUTRAL | The RSI value for HPE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests HPE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.59 | NEUTRAL | The Stochastics value for HPE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.06 | MEDIUM VOLATILITY | The ATR as a percentage value for HPE suggests some volalility. |
| Average Directional Index/ADX (14) | 35.11 | POSITIVE | The high ADX value value for HPE 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 |
|---|---|---|---|
| 20.95 | 20.64 | 0.31 (1.48%) | 25.00% |
| An entry @20.95. This is a Buy Stop order right above the resistance zone. | An exit @20.64. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.31 points, which is 1.48%. | For a 0.37% 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. 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.
NYSE:HPE (7/29/2025, 3:21:01 PM)
20.875
0 (-0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg-0.02%
1 Week1.06%
2 Weeks1.02%
1 Month13.42%
3 Month23.84%
6 Month-1.46%
12 Month15.81%
2 Year20.14%
3 Year46.63%
5 Year111.55%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%3.06%
ATR Inc-55.18%
Range Today0.38
ADR(20)0.51
ADR(20)%2.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.64
Mansfield-0.1
10 Day High21.19
10 Day Low20.07
20 Day High21.72
20 Day Low20.07
52 Week High24.66
52 Week Low11.97
CS1 End20.81
CR1 Start20.89
Volume & EV
DER(3)2.58%
DER(5)0.81%
Volume8.80M
Volume Incr-31.19%
Vol(5)14.45M
Vol(50)18.74M