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HEWLETT PACKARD ENTERPRISE (HPE) Stock Technical Analysis

NYSE:HPE - New York Stock Exchange, Inc. - US42824C1099 - Common Stock

23.7  +0.56 (+2.42%)

After market: 23.9968 +0.3 (+1.25%)

Technical Rating and Analysis

10

Taking everything into account, HPE scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, HPE has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that HPE is one of the better performing stocks in the market, outperforming 88% of all stocks. On top of that, HPE also shows a nice and consistent pattern of rising prices.
HPE is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month HPE has a been trading in the 20.60 - 23.75 range, which is quite wide. It is currently trading near the high of this range.
HPE has an average volume of 14498400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
HPE is part of the Technology Hardware, Storage & Peripherals industry. There are 32 other stocks in this industry, HPE did better than 64% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
HPE Weekly chart
HPE Daily chart
Setup Rating and Analysis

3

Although HPE has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

16.12

24.19

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 21.61 to 22.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 21.07 to 21.17. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @20.59 from a horizontal line in the daily time frame.
  • Support @18.56 from a trend line in the weekly time frame.
  • A support zone ranging from 16.28 to 16.44. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 23.95 to 23.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.66
Mansfield1.25
10 Day High23.75
10 Day Low21.16
20 Day High23.75
20 Day Low20.6
52 Week High24.24
52 Week Low14.47
Performance
1 Week7.83%
2 Weeks8.62%
1 Month15.1%
3 Month21.79%
6 Month19.94%
12 Month49.62%
2 Year46.93%
3 Year45.13%
5 Year70.14%
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)0.17
RSI(14)64.94
LBB20.87
UBB23.9
HPE Daily chart

HEWLETT PACKARD ENTERPRISE

NYSE:HPE (1/21/2025, 6:54:26 PM)

After market: 23.9968 +0.3 (+1.25%)

23.7

+0.56 (+2.42%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg2.42%
1 Week7.83%
2 Weeks8.62%
1 Month15.1%
3 Month21.79%
6 Month19.94%
12 Month49.62%
2 Year46.93%
3 Year45.13%
5 Year70.14%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.73
ATR(20)%2.79%
ATR Inc-9.7%
Range Today0.64
ADR(20)0.6
ADR(20)%2.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.66
Mansfield1.25
10 Day High23.75
10 Day Low21.16
20 Day High23.75
20 Day Low20.6
52 Week High24.24
52 Week Low14.47
CS1 End22.16
CR1 Start23.95
Volume & EV
DER(3)1.09%
DER(5)0.54%
Volume11.83M
Volume Incr7.53%
Vol(5)15.69M
Vol(50)14.50M