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Archive
- 5/23/2025 -
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Hewlett Packard Enterprise (HPE) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the Hewlett Packard Enterprise (HPE). During the week, the HPE dropped -0.33 points, or -1.86%, and closed at 17.42 on Friday, May 23, 2025. Weekly volume was -9% below average.
HPE is a member of Information Technology Sector. Information Technology is the most overbought 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 24.66 on January 22, 2025. HPE gained -17.23 points, or -231.90%, in 253 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 16.64 and resistance is at 19.29. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a long-term trend.
 Medium-term trend: [See HPE medium-term trend chart]
A medium-term uptrend had started on September 23, 2022 at 11.90 and reached 24.66 on January 22, 2025. HPE gained -12.76 points, or -107.23%, in 121 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (16.68) line. The support is usually stronger when technical indicators are oversold. 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 support line 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 January 31, 2025. The distance between MACD and the signal line is low and getting smaller. 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 April 4, 2025 at 11.97 and reached 18.18 on May 14, 2025. HPE gained -6.21 points, or -51.88%, in 40 days. The chart has formed a Rising Channel chart pattern. The uptrend support line (17.84) is broken. A broken support is considered to be a long-term bearish signal. 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 support in a short-term trend.
Daily Technical Indicators: [See HPE daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish 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 link to access Lane's Stochastic help.
The daily MACD line is above its signal line since April 10, 2025. 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 fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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.
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