HP INC (HPQ) Technical Analysis
NYSE:HPQ • US40434L1052
Current stock price
18.48 USD
+0.26 (+1.43%)
At close:
18.5948 USD
+0.11 (+0.62%)
After Hours:
HPQ Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to HPQ. HPQ's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 88% of all other stocks performed better in the past year than HPQ.
- HPQ is one of the lesser performing stocks in the Technology Hardware, Storage & Peripherals industry. 63% of 37 stocks in the same industry do better.
- HPQ is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so HPQ is lagging the market.
- HPQ has an average volume of 19446000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month HPQ has a been trading in the 17.56 - 19.57 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HPQ Weekly and Daily overview Charts
HPQ Setup Rating and Analysis
HPQ has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 18.47, a Stop Loss order could be placed below this zone.
More info and screens
HPQ Support and Resistance Analysis
18.02
29.61
We found 1 important support area.
- A support zone ranging from 18.20 to 18.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 18.51 to 18.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 19.36 to 19.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @19.82 from a horizontal line in the daily time frame.
- Resistance @23.34 from a trend line in the weekly time frame.
- Resistance @29.32 from a horizontal line in the weekly time frame.
HPQ 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 | DOWN | NEGATIVE | The long term trend for HPQ is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HPQ is down. |
| ChartMill Relative Strength | 12.38 | NEGATIVE | HPQ has a low relative strength, it was outperformed by 87.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HPQ is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HPQ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HPQ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.2 | NEUTRAL | The RSI value for HPQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests HPQ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 22.77 | NEUTRAL | The Stochastics value for HPQ is a neutral value. |
| Average True Range in percent/ATR (20) | 3.92 | MEDIUM VOLATILITY | The ATR as a percentage value for HPQ suggests some volalility. |
| Average Directional Index/ADX (14) | 29.16 | POSITIVE | The high ADX value value for HPQ suggests a strong trend. |
HPQ 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)
HPQ Technicals: Chart, Performance Metrics, Trend & Indicators
18.48
+0.26 (+1.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg1.43%
1 Week-2.48%
2 Weeks-4.45%
1 Month0.76%
3 Month-20.55%
6 Month-34.37%
12 Month-35.56%
2 Year-38.85%
3 Year-37.04%
5 Year-41.8%
10 Year50%
15 Year-0.77%
Volatility
ATR(14)0.65
ATR(20)%3.92%
ATR Inc18.1%
Range Today0.88
ADR(20)0.69
ADR(20)%3.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.38
3 months CRS17.34
6 months CRS15.21
Mansfield-2.74
10 Day High19.49
10 Day Low18.01
20 Day High19.58
20 Day Low17.56
52 Week High29.55
52 Week Low17.56
CS1 End18.47
CR1 Start18.51
Volume & EV
DER(3)-1.44%
DER(5)-1.26%
Volume17.07M
Volume Incr-26.13%
Vol(5)15.34M
Vol(50)19.45M
HP INC / HPQ TA FAQ
Can you provide the ChartMill technical rating for HP INC?
ChartMill assigns a technical rating of 1 / 10 to HPQ.
What is the trend direction for HPQ stock?
The current trend direction for HP INC (HPQ) is Bearish.
What is the RSI signal for HP INC (HPQ) stock?
HP INC (HPQ) has an RSI value of 43.2049. This indicates that the stock is currently neutral.
What is the MACD signal for HPQ stock?
The MACD indicator for HP INC (HPQ) has a value of 0.0167122, indicating a bearish trend.
Can you provide the short term momentum for HP INC?
The short term momentum for HP INC (HPQ) is negative.