HEWLETT PACKARD ENTERPRISE (HPE) Technical Analysis
NYSE:HPE • US42824C1099
Current stock price
26.44 USD
+0.55 (+2.12%)
At close:
26.45 USD
+0.01 (+0.04%)
After Hours:
HPE Technical Rating and Analysis
Taking everything into account, HPE scores 10 out of 10 in our technical rating. 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.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that HPE is one of the better performing stocks in the market, outperforming 88% of all stocks. On top of that, HPE also shows a nice and consistent pattern of rising prices.
- HPE is one of the better performing stocks in the Technology Hardware, Storage & Peripherals industry, it outperforms 72% of 37 stocks in the same industry.
- 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 21.46 - 26.56 range, which is quite wide. It is currently trading near the high of this range.
- HPE has an average volume of 18189900 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 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.
More info and screens
HPE Support and Resistance Analysis
19.61
26.70
7 important support areas can be observed.
- A support zone ranging from 26.25 to 26.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 24.89 to 25.01. 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 24.39 to 24.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @22.17 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 | 88.37 | POSITIVE | HPE has a high relative strength, it outperformed 88.37% 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) | 68.38 | NEUTRAL | The RSI value for HPE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests HPE has a positive trend. |
| Stochastics (14,3) | 86.6 | OVERBOUGHT | The high Stochastics value suggests HPE may be overbought. |
| Average True Range in percent/ATR (20) | 4.23 | MEDIUM VOLATILITY | The ATR as a percentage value for HPE suggests some volalility. |
| Average Directional Index/ADX (14) | 22.65 | NEUTRAL | The ADX value for HPE suggests a possible start of a new 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
26.44
+0.55 (+2.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg2.12%
1 Week6.23%
2 Weeks7.44%
1 Month19.53%
3 Month23.32%
6 Month15.16%
12 Month74.64%
2 Year55.53%
3 Year84.64%
5 Year65.04%
10 Year58.7%
15 YearN/A
Volatility
ATR(14)0.98
ATR(20)%4.23%
ATR Inc-2.51%
Range Today0.66
ADR(20)1.09
ADR(20)%4.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.37
3 months CRS92.05
6 months CRS77.48
Mansfield1.16
10 Day High26.56
10 Day Low23.86
20 Day High26.56
20 Day Low21.47
52 Week High26.56
52 Week Low14.55
CS1 End26.43
CR1 StartN/A
Volume & EV
DER(3)1.34%
DER(5)2.07%
Volume17.93M
Volume Incr-18.58%
Vol(5)15.17M
Vol(50)18.19M
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 68.3769. This indicates that the stock is currently neutral.
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 26.43. Check the full technical report for our detailed analysis of HPE support and resistance levels.