HEWLETT PACKARD ENTERPRISE (HPE)
US42824C1099 - Common Stock
Overall HPE gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month HPE has a been trading in the 16.84 - 18.76 range, which is quite wide. It is currently trading near the lows of this range.
HPE has an average volume of 16654300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Looking at the yearly performance, HPE did better than 80% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
HPE is part of the Technology Hardware, Storage & Peripherals industry. There are 32 other stocks in this industry, HPE did better than 61% of them.
HPE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HPE is lagging the market slightly.
HPE has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
14.71
18.18
When analyzing the support we notice one important area.
- A support zone ranging from 14.86 to 15.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @18.00 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.13
Mansfield-0.48
10 Day High18.42
10 Day Low16.85
20 Day High18.76
20 Day Low16.85
52 Week High20.07
52 Week Low13.66
Performance
1 Week-5.02%
2 Weeks-5.02%
1 Month0.65%
3 Month10.87%
6 Month11.88%
12 Month17.84%
2 Year10.58%
3 Year6.37%
5 Year7.78%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.17
RSI(14)43.28
LBB16.88
UBB18.52
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 |
|---|---|---|---|
| 17.61 | 16.83 | 0.77 (4.40%) | 22.75% |
| An entry @17.61. This is a Buy Stop order right above the 10 day moving average. | An exit @16.83. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.77 points, which is 4.40%. | When investing 22.75% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
HEWLETT PACKARD ENTERPRISE
NYSE:HPE (4/18/2024, 7:04:00 PM)
After market: 17.06 +0.02 (+0.12%)17.04
+0.01 (+0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg0.06%
1 Week-5.02%
2 Weeks-5.02%
1 Month0.65%
3 Month10.87%
6 Month11.88%
12 Month17.84%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.48
ATR(20)%2.65%
ATR Inc
Range Today0.28
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High18.42
10 Day Low16.85
20 Day High18.76
20 Day Low16.85
52 Week High20.07
52 Week Low13.66
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume12.39M
Volume Incr-13.23%
Vol(5)13.26M
Vol(50)16.65M