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- 10/9/2026 -
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Hewlett-Packard (HPQ) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken trend resistance line
Daily :The price has fallen below the Parabolic SARPrice has crossed below the 50 Day Moving AverageMACD bullish divergenceThe price has declined below the moving average in the center of the Bollinger Bands
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It was the negative week for the Hewlett-Packard (HPQ). During the week, the HPQ dropped -1.92 points, or -5.98%, and closed at 30.20 on Friday, October 9, 2026. Weekly volume was -31% below average.

HPQ 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 HPQ long-term trend chart]
A long-term downtrend had started on November 25, 2024 at 39.79 and reached 17.56 on February 25, 2026. HPQ lost 22.23 points, or 55.87%, in 65 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (14.96) 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 long-term trend.

Medium-term trend: [See HPQ medium-term trend chart]
A medium-term uptrend had started on February 25, 2026 at 17.56 and reached 36.23 on September 11, 2026. HPQ gained -18.67 points, or -106.32%, in 28 weeks. The price is now at the 32.30% retracement level.

Weekly Technical Indicators: [See HPQ weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since April 2, 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 HPQ short-term trend chart]
A short-term downtrend had started on September 11, 2026 at 36.23 and reached 29.89 on October 9, 2026. HPQ lost 6.34 points, or 17.50%, in 28 days. Price is near the trend low.

Daily Technical Indicators: [See HPQ daily technical indicators chart]
Daily technical indicators are neutral. Daily MACD has bullish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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.

The daily MACD line is below its signal line since September 18, 2026. This is an indication that the short-term trend is down.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

During the last week, the price has declined below 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.

During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. 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) 33.09
Williams' Percentage Range (W%R) 61.00
Lane's Stochastic (%D-Slow) 50.81
Greed/Fear Indicator (GFI) 40.95
Moving Average Converg./Diverg. (MACD) 0.31 Bullish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 69.44
Williams' Percentage Range (W%R) 27.00
Lane's Stochastic (%D-Slow) 69.05
Greed/Fear Indicator (GFI) 66.11
Moving Average Converg./Diverg. (MACD) 2.12
Trading Signals
Description Value Chart
Upper Bollinger Band 34.12
Weekly Stochastic Crossing 32.71
Parabolic System 32.64
20 Day Moving Average 32.24
Daily Stochastic Crossing 31.48
50 Day Moving Average 31.03
Price 30.20
Lower Bollinger Band 29.38
Sector and Industry
Description Name Rank
Sector Information Technology 10
Industry Technology Hardware, Storage & Peripherals 115
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 32.85
High Date 10/02/2026
Low 29.89
Low Date 10/09/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 36.23
High Date 09/11/2026
Low 29.89
Low Date 10/09/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 17.56
Low Date 02/25/2026
High 36.23
High Date 09/11/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 15.21
Support 14.96
High 39.79
High Date 11/25/2024
Low 17.56
Low Date 02/25/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 41.47
High Date 04/07/2022
Low 17.56
Low Date 02/25/2026
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.