The Greedy Trader Weekly Analysis
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- 4/17/2026 -
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Hewlett Packard Enterprise (HPE) Technical Analysis

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Summary:
Weekly :Broken uptrend resistance line - uptrend exhaustionWilliams' Percentage Range is strongly overboughtTrend resistance at 27.30
Daily :Broken uptrend resistance line - uptrend exhaustionWilliams' Percentage Range is strongly overboughtLane's Stochastic and MACD bearish divergenceThe price has risen above the Parabolic SAR
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It was a sixth consecutive positive week for the Hewlett Packard Enterprise (HPE). During the week, the HPE gained 1.55 points, or 6.23%, and closed at 26.44 on Friday, April 17, 2026. Weekly volume was -31% below average.

Long-term trend: [See HPE long-term trend chart]
A long-term uptrend had started on March 18, 2020 at 7.43 and reached 26.56 on April 17, 2026. HPE gained -19.13 points, or -257.47%, in 317 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The price is near the trend resistance line (27.30). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.

Medium-term trend: [See HPE medium-term trend chart]
A medium-term uptrend had started on February 24, 2026 at 19.84 and reached 26.56 on April 17, 2026. HPE gained -6.72 points, or -33.87%, in 7 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (23.66) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 medium-term trend.

Weekly Technical Indicators: [See HPE weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. 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 link to access Williams' Percentage Range help.

The weekly MACD line is above its signal line since March 27, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.

Short-term trend: [See HPE short-term trend chart]
A short-term uptrend had started on March 9, 2026 at 20.60 and reached 26.56 on April 17, 2026. HPE gained -5.96 points, or -28.93%, in 39 days. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (23.74) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range. Daily Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following link to access Lane's Stochastic help.

The daily MACD line is above its signal line since April 15, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 69.65
Williams' Percentage Range (W%R) 9.00
Strong Overbought
Lane's Stochastic (%D-Slow) 71.75
Bearish
Greed/Fear Indicator (GFI) 77.46
Moving Average Converg./Diverg. (MACD) 0.72 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 68.29
Williams' Percentage Range (W%R) 6.80
Strong Overbought
Lane's Stochastic (%D-Slow) 65.94
Greed/Fear Indicator (GFI) 72.72
Moving Average Converg./Diverg. (MACD) 0.22
Trading Signals
Description Value Chart
Yearly Trendline Resistance 27.30
Upper Bollinger Band 26.59
Price 26.44
Daily Stochastic Crossing 25.80
Weekly Stochastic Crossing 24.67
20 Day Moving Average 24.39
Weekly Trendline Support 23.74
Monthly Trendline Support 23.66
Weekly Trendline Resistance 23.48
Monthly Trendline Resistance 22.95
50 Day Moving Average 22.86
Parabolic System 22.44
Lower Bollinger Band 22.05
Sector and Industry
Description Name Rank
Sector Information Technology 6
Industry Technology Hardware, Storage & Peripherals 77
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 22.30
Low Date 03/30/2026
High 26.56
High Date 04/17/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Resistance
Resistance 23.48
Support 23.74
Low 20.60
Low Date 03/09/2026
High 26.56
High Date 04/17/2026
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Resistance
Resistance 22.95
Support 23.66
Low 19.84
Low Date 02/24/2026
High 26.56
High Date 04/17/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 11.97
Low Date 04/04/2025
High 26.56
High Date 04/17/2026
Description Value
Direction Up
Chart Pattern Broadening Right-Angled, Ascending Wedge
Status Test Resistance
Resistance 27.30
Support 11.59
Low 7.43
Low Date 03/18/2020
High 26.56
High Date 04/17/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.