HEWLETT PACKARD ENTERPRISE (HPE)
US42824C1099 - Common Stock
Overall HPE gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month HPE has a been trading in the 20.55 - 24.24 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
HPE has an average volume of 13010800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that HPE is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
HPE is part of the Technology Hardware, Storage & Peripherals industry. There are 31 other stocks in this industry, HPE did better than 56% of them.
HPE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HPE is lagging the market.
HPE has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 20.58, a Stop Loss order could be placed below this zone.
More info and screens
15.98
22.24
We found 4 important support areas.
- A support zone ranging from 20.58 to 20.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.19 from a trend line in the weekly time frame.
- Support @16.44 from a horizontal line in the daily time frame.
- Support @16.14 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 21.79 to 22.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.58
Mansfield0.17
10 Day High24.24
10 Day Low20.55
20 Day High24.24
20 Day Low20.55
52 Week High24.24
52 Week Low14.47
Performance
1 Week-6.02%
2 Weeks-5.38%
1 Month-4.37%
3 Month9.46%
6 Month-1.58%
12 Month20.48%
2 Year29.01%
3 Year30.56%
5 Year29.82%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.18
RSI(14)41.64
LBB20.25
UBB23.42
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 22.03 | 20.57 | 1.46 (6.62%) | 15.11% |
| An entry @22.03. This is a Buy Stop order right above the 10 day moving average. | An exit @20.57. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.46 points, which is 6.62%. | For a 1.00% total portfolio risk, you can invest 15.11% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
HEWLETT PACKARD ENTERPRISE
NYSE:HPE (12/18/2024, 5:43:09 PM)
After market: 20.6 +0.01 (+0.05%)20.59
-0.95 (-4.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg-4.41%
1 Week-6.02%
2 Weeks-5.38%
1 Month-4.37%
3 Month9.46%
6 Month-1.58%
12 Month20.48%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.9
ATR(20)%4.05%
ATR Inc
Range Today1.25
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High24.24
10 Day Low20.55
20 Day High24.24
20 Day Low20.55
52 Week High24.24
52 Week Low14.47
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume15.26M
Volume Incr-2.46%
Vol(5)14.34M
Vol(50)13.01M