The Greedy Trader Weekly Analysis
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- 3/20/2026 -
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Hewlett Packard Enterprise (HPE) Technical Analysis

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Summary:
Weekly :Broken trend support line
Daily :Williams' Percentage Range is strongly overboughtPrice is close to the 50 Day Moving AverageThe price moved above the moving average in the center of the Bollinger Bands
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It was a second consecutive positive week for the Hewlett Packard Enterprise (HPE). During the week, the HPE climbed 0.11 points, or 0.51%, and closed at 21.69 on Friday, March 20, 2026. Weekly volume was -31% below average.

Long-term trend: [See HPE long-term trend chart]
A long-term uptrend had started on March 18, 2020 at 7.43 and reached 26.44 on October 8, 2025. HPE gained -19.01 points, or -255.85%, in 290 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 11.61 and resistance is at 27.13. A Broadening Ascending 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 Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern in a long-term trend.

Medium-term trend: [See HPE medium-term trend chart]
A medium-term uptrend had started on April 4, 2025 at 11.97 and reached 26.44 on October 8, 2025. HPE gained -14.47 points, or -120.89%, in 26 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (23.98) 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 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 November 7, 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 downtrend had started on December 10, 2025 at 25.41 and reached 19.84 on February 24, 2026. HPE lost 5.57 points, or 21.92%, in 76 days. The chart has formed a Falling Wedge chart pattern. The trend support level is at 19.66 and resistance is at 23.74. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a short-term trend.

Daily Technical Indicators: [See HPE daily technical indicators chart]
Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range. 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 Williams' Percentage Range help.

The daily MACD line is above its signal line since March 2, 2026. The distance between MACD and the signal line is low, but getting bigger.

During the last week, the price has moved above the moving average in the center of the Bollinger Bands. 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.

Price is close to the 50 Day Moving Average. While daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 45.09
Williams' Percentage Range (W%R) 5.10
Strong Overbought
Lane's Stochastic (%D-Slow) 66.87
Greed/Fear Indicator (GFI) 68.94
Moving Average Converg./Diverg. (MACD) -0.14
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 38.95
Williams' Percentage Range (W%R) 53.50
Lane's Stochastic (%D-Slow) 33.33
Greed/Fear Indicator (GFI) 41.16
Moving Average Converg./Diverg. (MACD) 0.19
Trading Signals
Description Value Chart
Quarterly Trendline Support 23.98
Quarterly Trendline Resistance 23.82
Weekly Trendline Resistance 23.74
Upper Bollinger Band 22.76
Daily Stochastic Crossing 22.05
50 Day Moving Average 21.80
Price 21.69
20 Day Moving Average 21.37
Weekly Stochastic Crossing 21.33
Parabolic System 20.92
Lower Bollinger Band 20.56
Weekly Trendline Support 19.66
Sector and Industry
Description Name Rank
Sector Information Technology 3
Industry Technology Hardware, Storage & Peripherals 43
Daily Trend
Description Value
Direction Up
Chart Pattern Ascending Triangle
Low 19.84
Low Date 02/24/2026
High 22.57
High Date 03/20/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Valid
Resistance 23.74
Support 19.66
High 25.41
High Date 12/10/2025
Low 19.84
Low Date 02/24/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 26.44
High Date 10/08/2025
Low 19.84
Low Date 02/24/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Support
Resistance 23.82
Support 23.98
Low 11.97
Low Date 04/04/2025
High 26.44
High Date 10/08/2025
Description Value
Direction Up
Chart Pattern Broadening Right-Angled, Ascending Wedge
Status Valid
Resistance 27.13
Support 11.61
Low 7.43
Low Date 03/18/2020
High 26.44
High Date 10/08/2025
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.