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HP INC (HPQ) Stock Technical Analysis

NYSE:HPQ - New York Stock Exchange, Inc. - US40434L1052 - Common Stock - Currency: USD

25.58  +0.08 (+0.31%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to HPQ. Recently some decent action could be observed, but in the medium term time frame this is still negative. HPQ was also a bad performer in the overall market in the last year.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, HPQ is a bad performer in the overall market: 83% of all stocks are doing better.
HPQ is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
HPQ is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
HPQ is part of the Technology Hardware, Storage & Peripherals industry. There are 503 other stocks in this industry. HPQ outperforms 95% of them.
HPQ has an average volume of 8939210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
HP INC / HPQ Weekly stock chart
HP INC / HPQ Daily stock chart
Setup Rating and Analysis

4

HPQ has a poor technical rating and the quality of the setup is also not perfect 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.

Support and Resistance Analysis

23.97

37.52

We found 1 important support area.

  • A support zone ranging from 24.21 to 24.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We can see 4 important resistance areas.

  • A resistance zone ranging from 25.85 to 26.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @27.49 from a trend line in the daily time frame.
  • A resistance zone ranging from 29.00 to 29.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @37.15 from a horizontal line in the weekly time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for HPQ is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for HPQ is neutral.
ChartMill Relative Strength17.64NEGATIVEHPQ has a low relative strength, it was outperformed by 82.36% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of HPQ is above the rising SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of HPQ is below the rising SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of HPQ is below a declining SMA(200).
Relative Strength Index/RSI (14)53.29NEUTRALThe RSI value for HPQ is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.14POSITIVEThe MACD value suggests HPQ has a positive trend.
Stochastics (14,3)63.51NEUTRALThe Stochastics value for HPQ is a neutral value.
Average True Range in percent/ATR (20)2.57MEDIUM VOLATILITYThe ATR as a percentage value for HPQ suggests some volalility.
Average Directional Index/ADX (14)24.86NEUTRALThe ADX value for HPQ suggests a possible start of a new trend.
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)
HP INC / HPQ Daily stock chart

HP INC

NYSE:HPQ (7/2/2025, 9:40:06 AM)

25.58

+0.08 (+0.31%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg0.31%
1 Week3.91%
2 Weeks4%
1 Month2.37%
3 Month12.78%
6 Month-23.05%
12 Month-26.36%
2 Year-22.33%
3 Year-23.63%
5 Year45.05%
10 Year83.81%
15 Year21.85%
Volatility
ATR(14)0.64
ATR(20)%2.57%
ATR Inc84.18%
Range Today0
ADR(20)0.61
ADR(20)%2.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.64
Mansfield-2.52
10 Day High25.82
10 Day Low23.45
20 Day High25.82
20 Day Low23.45
52 Week High39.8
52 Week Low21.21
CS1 End24.69
CR1 Start24.78
Volume & EV
DER(3)0.63%
DER(5)1.51%
Volume2
Volume Incr-5.11%
Vol(5)10.69M
Vol(50)8.94M