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Archive - 10/23/2026 - Sign In to see current Signals. |
Hewlett Packard Enterprise (HPE) Technical Analysis
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| Summary:
| | Weekly :    | | Daily :   Move cursor over the icon to see details.
| | It was a first positive week for the Hewlett Packard Enterprise (HPE). During the week, the HPE gained 1.56 points, or 2.83%, and closed at 56.69 on Friday, October 23, 2026. Weekly volume was -33% 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 (11.47) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 (27.31) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. 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 Lane's Stochastic 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. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. 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 October 9, 2026 at 73.56 and reached 53.91 on October 22, 2026. HPE lost 19.65 points, or 26.71%, in 13 days. The chart has formed a Descending Triangle chart pattern. The downtrend resistance line (53.83) is broken. A broken support is considered to be a long-term bullish 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 resistance line in a short-term trend.
Daily Technical Indicators: [See HPE daily technical indicators chart] Daily Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Lane's Stochastic or strongly oversold daily Williams' Percentage Range. Use the following link to access Williams' Percentage Range help. The daily MACD line is below its signal line since October 13, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current short-term downtrend is still strong, and momentum is beginning to wane.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Information Technology |
9 |
| Industry |
Technology Hardware, Storage & Peripherals |
86 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
53.91 |
| Low Date |
10/22/2026 |
| High |
58.01 |
| High Date |
10/23/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Descending Triangle |
| Status |
Broken Resistance |
| Resistance |
55.99 |
| Support |
53.83 |
| High |
73.56 |
| High Date |
10/09/2026 |
| Low |
53.91 |
| Low Date |
10/22/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Wedge |
| Status |
Broken Support |
| Resistance |
74.59 |
| Support |
59.24 |
| Low |
19.84 |
| Low Date |
02/24/2026 |
| High |
73.56 |
| High Date |
10/09/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Symmetric Triangle |
| Status |
Broken Resistance |
| Resistance |
20.31 |
| Support |
27.31 |
| Low |
11.97 |
| Low Date |
04/04/2025 |
| High |
73.56 |
| High Date |
10/09/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Right-Angled, Ascending Wedge |
| Status |
Broken Resistance |
| Resistance |
28.45 |
| Support |
11.47 |
| Low |
7.43 |
| Low Date |
03/18/2020 |
| High |
73.56 |
| High Date |
10/09/2026 |
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