HEWLETT PACKARD ENTERPRISE (HPE) Technical Analysis
NYSE:HPE • US42824C1099
Current stock price
28.76 USD
+0.95 (+3.42%)
At close:
29.1 USD
+0.34 (+1.18%)
Pre-Market:
HPE Technical Rating and Analysis
Overall HPE gets a technical rating of 10 out of 10. Both in the recent history as in the last year, HPE has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, HPE did better than 91% of all other stocks. We also observe that the gains produced by HPE over the past year are nicely spread over this period.
- HPE is part of the Technology Hardware, Storage & Peripherals industry. There are 37 other stocks in this industry. HPE outperforms 77% of them.
- A new 52 week high is currently being made by HPE, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month HPE has a been trading in the 22.02 - 29.63 range, which is quite wide. It is currently trading near the high of this range.
- HPE has an average volume of 18291300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
HPE Weekly and Daily overview Charts
HPE Setup Rating and Analysis
Although HPE has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
HPE Support and Resistance Analysis
19.61
29.05
6 important support areas can be observed.
- A support zone ranging from 25.02 to 25.17. 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 24.22 to 24.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.35 from a trend line in the weekly time frame.
- Support @21.05 from a horizontal line in the weekly time frame.
- Support @20.28 from a horizontal line in the daily time frame.
- Support @19.81 from a horizontal line in the daily time frame.
HPE Technical Indicator Signal Analysis
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 | 91.49 | POSITIVE | HPE has a high relative strength, it outperformed 91.49% 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) | 76.81 | OVERBOUGHT | The high RSI value suggests HPE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests HPE has a positive trend. |
| Stochastics (14,3) | 93.67 | OVERBOUGHT | The high Stochastics value suggests HPE may be overbought. |
| Average True Range in percent/ATR (20) | 4.14 | MEDIUM VOLATILITY | The ATR as a percentage value for HPE suggests some volalility. |
| Average Directional Index/ADX (14) | 27.19 | POSITIVE | The high ADX value value for HPE suggests a strong trend. |
HPE Chart- and CandleStick Pattern Analysis
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)
HPE Technicals: Chart, Performance Metrics, Trend & Indicators
28.76
+0.95 (+3.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg3.42%
1 Week17.53%
2 Weeks16.77%
1 Month28.85%
3 Month36.63%
6 Month22.38%
12 Month77.09%
2 Year69.18%
3 Year100.84%
5 Year79.53%
10 Year72.63%
15 YearN/A
Volatility
ATR(14)1
ATR(20)%4.14%
ATR Inc72.27%
Range Today1.67
ADR(20)1.16
ADR(20)%4.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.49
3 months CRS95.75
6 months CRS86.38
Mansfield2.16
10 Day High29.63
10 Day Low23.86
20 Day High29.63
20 Day Low22.02
52 Week High29.63
52 Week Low15.71
CS1 End25.17
CR1 StartN/A
Volume & EV
DER(3)-0.18%
DER(5)0.59%
Volume22.87M
Volume Incr-7.88%
Vol(5)17.27M
Vol(50)18.29M
HEWLETT PACKARD ENTERPRISE / HPE TA FAQ
What is the technical rating for HPE stock?
ChartMill assigns a technical rating of 10 / 10 to HPE.
What is the current trend direction of HEWLETT PACKARD ENTERPRISE (HPE) stock?
The current trend direction for HEWLETT PACKARD ENTERPRISE (HPE) is Bullish.
What is the RSI signal for HEWLETT PACKARD ENTERPRISE (HPE) stock?
HEWLETT PACKARD ENTERPRISE (HPE) has an RSI value of 76.8128. This indicates that the stock is currently overbought.
What is the short term momentum for HPE stock?
The short term momentum for HEWLETT PACKARD ENTERPRISE (HPE) is positive.
What is the support and resistance level for HPE stock?
HEWLETT PACKARD ENTERPRISE (HPE) has a support level at 25.17. Check the full technical report for our detailed analysis of HPE support and resistance levels.