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- 3/13/2026 -
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Hewlett-Packard (HPQ) Technical Analysis

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Summary:
Weekly :Oversold sectorRelative Strength Index, Williams' Percentage Range and Lane's Stochastic are oversold
Daily :Stochastic signal line moved below overbought areaThe price has declined below the moving average in the center of the Bollinger BandsThe Bollinger Bands are historically close together
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It was the negative week for the Hewlett-Packard (HPQ). During the week, the HPQ dropped -0.53 points, or -2.72%, and closed at 18.93 on Friday, March 13, 2026. Weekly volume was 55% above average.

HPQ 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 HPQ long-term trend chart]
A long-term downtrend had started on November 25, 2024 at 39.79 and reached 17.56 on February 25, 2026. HPQ lost 22.23 points, or 55.87%, in 65 weeks. The price is now at the 6.16% retracement level.

Medium-term trend: [See HPQ medium-term trend chart]
A medium-term downtrend had started on September 9, 2025 at 29.55 and reached 17.56 on February 25, 2026. HPQ lost 11.99 points, or 40.58%, in 24 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 16.42 and resistance is at 22.45. A Broadening Descending 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 Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See HPQ weekly technical indicators chart]
Weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. 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, Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is below its signal line since November 14, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See HPQ short-term trend chart]
A short-term downtrend had started on March 5, 2026 at 19.58 and reached 18.26 on March 11, 2026. HPQ lost 1.32 points, or 6.74%, in 6 days. The price is now at the 50.76% retracement level.

Daily Technical Indicators: [See HPQ 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.

The daily MACD line is above its signal line since January 29, 2026. The distance between MACD and the signal line is low and getting smaller.

During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands (7.82%) is close to one year low (7.27%). It is 55.29% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 58.29
Williams' Percentage Range (W%R) 29.40
Lane's Stochastic (%D-Slow) 43.99
Greed/Fear Indicator (GFI) 57.64
Moving Average Converg./Diverg. (MACD) -0.31
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 11.90
Oversold
Williams' Percentage Range (W%R) 85.90
Oversold
Lane's Stochastic (%D-Slow) 17.72
Oversold
Greed/Fear Indicator (GFI) 22.61
Moving Average Converg./Diverg. (MACD) -1.84
Trading Signals
Description Value Chart
Monthly Trendline Resistance 22.45
Upper Bollinger Band 19.75
50 Day Moving Average 19.64
Price 18.93
20 Day Moving Average 18.77
Daily Stochastic Crossing 18.76
Parabolic System 18.43
Lower Bollinger Band 18.26
Weekly Stochastic Crossing 18.19
Monthly Trendline Support 16.42
Sector and Industry
Description Name Rank
Sector Information Technology 2
Industry Technology Hardware, Storage & Peripherals 26
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 19.58
High Date 03/05/2026
Low 18.26
Low Date 03/11/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 17.56
Low Date 02/25/2026
High 19.58
High Date 03/05/2026
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 22.45
Support 16.42
High 29.55
High Date 09/09/2025
Low 17.56
Low Date 02/25/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 39.79
High Date 11/25/2024
Low 17.56
Low Date 02/25/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 41.47
High Date 04/07/2022
Low 17.56
Low Date 02/25/2026
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.