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Downtrend ExhaustionArchive - 4/4/2025 - Sign In to see current Signals. |
Hewlett-Packard (HPQ) Technical Analysis
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| Summary:
| | Weekly :    | | Daily :      Move cursor over the icon to see details.
| | It was the negative week for the Hewlett-Packard (HPQ). During the week, the HPQ dropped -5.29 points, or -18.96%, and closed at 22.61 on Friday, April 4, 2025. Weekly volume was 89% above average. HPQ is a member of Information Technology Sector. Information Technology is the most oversold sector. HPQ is a member of Technology Hardware, Storage & Peripherals Industry. Technology Hardware, Storage & Peripherals is the fourth most oversold industry. 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 uptrend had started on October 13, 2022 at 24.08 and reached 39.79 on November 25, 2024. HPQ gained -15.71 points, or -65.24%, in 110 weeks. The price is now at the 109.36% retracement level.
Medium-term trend: [See HPQ medium-term trend chart] A medium-term downtrend had started on November 25, 2024 at 39.79 and reached 21.96 on April 4, 2025. HPQ lost 17.83 points, or 44.81%, in 18 weeks. Price is near the trend low.
Weekly Technical Indicators: [See HPQ weekly technical indicators chart] Weekly Relative Strength Index is oversold while Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Relative Strength Index or strongly oversold weekly 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 August 9, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. 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 24, 2025 at 29.18 and reached 21.96 on April 4, 2025. HPQ lost 7.22 points, or 24.74%, in 11 days. The price is now at the 9.00% retracement level.
Daily Technical Indicators: [See HPQ daily technical indicators chart] Daily Williams' Percentage Range is oversold while Relative Strength Index is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Williams' Percentage Range or strongly oversold daily Relative Strength Index. Daily Lane's Stochastic and MACD have bullish 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 bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. The distance between the Bollinger Bands is 129.83% higher then one year average. It indicates the period of high volatility of the stock price. 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.
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