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Technology Hardware, Storage & Peripherals Industry Stocks Technical Analysis - HPEArchive - 2/6/2026 - Sign In to see current Signals. |
Hewlett Packard Enterprise (HPE) Technical Analysis
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| Summary:
| | Weekly : | | Daily :     Move cursor over the icon to see details.
| | It was a second positive week after 4 consecutive negative weeks for the Hewlett Packard Enterprise (HPE). During the week, the HPE gained 2.09 points, or 9.71%, and closed at 23.61 on Friday, February 6, 2026. Weekly volume was -7% below average. HPE is a member of Information Technology Sector. Information Technology is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See HPE long-term trend chart] A long-term uptrend had started on March 18, 2020 at 7.43 and reached 26.44 on October 8, 2025. HPE gained -19.01 points, or -255.85%, in 290 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 11.63 and resistance is at 26.88. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See HPE medium-term trend chart] A medium-term uptrend had started on April 4, 2025 at 11.97 and reached 26.44 on October 8, 2025. HPE gained -14.47 points, or -120.89%, in 26 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 22.53 and resistance is at 24.50. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a medium-term trend.
Weekly Technical Indicators: [See HPE weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since November 7, 2025. Use the following link to access a MACD help.
Short-term trend: [See HPE short-term trend chart] A short-term downtrend had started on December 10, 2025 at 25.41 and reached 20.08 on January 20, 2026. HPE lost 5.33 points, or 20.98%, in 41 days. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (17.92) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. HPE may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend.
Daily Technical Indicators: [See HPE daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. Daily Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The daily MACD line is above its signal line since January 28, 2026. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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