NYSE:HPQ - New York Stock Exchange, Inc. - US40434L1052 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to HPQ. In the past year, HPQ was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
HPQ has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 25.24, a Stop Loss order could be placed below this zone.
24.33
We found 2 important support areas.
When analyzing the resistance we notice one important area.
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 | UP | POSITIVE | The short term trend for HPQ is up. |
ChartMill Relative Strength | 12.93 | NEGATIVE | HPQ has a low relative strength, it was outperformed by 87.07% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HPQ is above 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) | 54.88 | NEUTRAL | The RSI value for HPQ is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests HPQ has a positive trend. |
Stochastics (14,3) | 71.99 | NEUTRAL | The Stochastics value for HPQ is a neutral value. |
Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for HPQ suggests some volalility. |
Average Directional Index/ADX (14) | 14.8 | NEGATIVE | The low ADX value for HPQ suggests a weak or negative trend. |
25.69
-0.19 (-0.73%)