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- 10/9/2026 -
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Hewlett Packard Enterprise (HPE) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken uptrend resistance line - uptrend exhaustionBroken uptrend resistance line - uptrend exhaustionLane's Stochastic is overboughtWilliams' Percentage Range is strongly overbought
Daily :Lane's Stochastic is overboughtWilliams' Percentage Range is strongly overbought
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It was a third consecutive positive week for the Hewlett Packard Enterprise (HPE). During the week, the HPE gained 4.13 points, or 5.96%, and closed at 73.46 on Friday, October 9, 2026. Weekly volume was -26% below average.

HPE is a member of Information Technology Sector. Information Technology is the most overbought 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 HPE long-term trend chart]
A long-term uptrend had started on March 18, 2020 at 7.43 and reached 73.56 on October 9, 2026. HPE gained -66.13 points, or -890.04%, in 342 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The uptrend resistance line (11.48) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 resistance line 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 73.56 on October 9, 2026. HPE gained -61.59 points, or -514.54%, in 79 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (26.93) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 resistance line in a medium-term trend.

Weekly Technical Indicators: [See HPE weekly technical indicators chart]
Weekly Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is above its signal line since March 27, 2026. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See HPE short-term trend chart]
A short-term uptrend had started on July 2, 2026 at 40.72 and reached 73.56 on October 9, 2026. HPE gained -32.84 points, or -80.65%, in 99 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 48.64 and resistance is at 84.04. 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 Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a short-term trend.

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

The daily MACD line is above its signal line since September 8, 2026. This is an indication that the short-term trend is up.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 77.45
Williams' Percentage Range (W%R) 9.20
Strong Overbought
Lane's Stochastic (%D-Slow) 88.99
Overbought
Greed/Fear Indicator (GFI) 85.74
Overbought
Moving Average Converg./Diverg. (MACD) 3.43
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 79.98
Williams' Percentage Range (W%R) 4.10
Strong Overbought
Lane's Stochastic (%D-Slow) 82.74
Overbought
Greed/Fear Indicator (GFI) 80.84
Overbought
Moving Average Converg./Diverg. (MACD) 7.39
Trading Signals
Description Value Chart
Weekly Trendline Resistance 84.04
Upper Bollinger Band 75.09
Price 73.46
Daily Stochastic Crossing 72.52
Weekly Stochastic Crossing 69.74
Parabolic System 69.53
20 Day Moving Average 63.93
50 Day Moving Average 58.17
Lower Bollinger Band 54.45
Sector and Industry
Description Name Rank
Sector Information Technology 10
Industry Technology Hardware, Storage & Peripherals 115
Daily Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Low 45.70
Low Date 09/03/2026
High 73.56
High Date 10/09/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 84.04
Support 48.64
Low 40.72
Low Date 07/02/2026
High 73.56
High Date 10/09/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 19.84
Low Date 02/24/2026
High 73.56
High Date 10/09/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 20.54
Support 26.93
Low 11.97
Low Date 04/04/2025
High 73.56
High Date 10/09/2026
Description Value
Direction Up
Chart Pattern Broadening Right-Angled, Ascending Wedge
Status Broken Resistance
Resistance 28.36
Support 11.48
Low 7.43
Low Date 03/18/2020
High 73.56
High Date 10/09/2026
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.