The Greedy Trader Weekly Analysis
Sign In Feb 6, 2026
Skip Navigation Links
Share
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Archive
- 1/30/2026 -
Sign In to see current Signals.

Hewlett-Packard (HPQ) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Oversold sectorRelative Strength Index oversoldWilliams' Percentage Range and Lane's Stochastic are strongly oversoldStochastic has raised above the signal line
Daily :Broken trend resistance lineWilliams' Percentage Range and Lane's Stochastic are oversoldStochastic has raised above the signal lineDaily  MACD line has moved above its signal line
Move cursor over the icon to see details.

It was a first positive week after 7 consecutive negative weeks for the Hewlett-Packard (HPQ). During the week, the HPQ climbed 0.01 points, or 0.05%, and closed at 19.44 on Friday, January 30, 2026. Weekly volume was 68% above average.

HPQ is a member of Information Technology Sector. Information Technology is the second most oversold 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 18.94 on January 29, 2026. HPQ lost 20.85 points, or 52.40%, in 61 weeks. Price is near the trend low.

Medium-term trend: [See HPQ medium-term trend chart]
A medium-term downtrend had started on September 9, 2025 at 29.55 and reached 18.94 on January 29, 2026. HPQ lost 10.61 points, or 35.91%, in 20 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 17.09 and resistance is at 24.14. A Broadening Descending 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 Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See HPQ weekly technical indicators chart]
Weekly Relative Strength Index is oversold while Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Relative Strength Index or strongly oversold weekly Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish 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 links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is below its signal line since November 14, 2025. This is an indication that the medium-term trend is down. 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 December 5, 2025 at 26.04 and reached 18.94 on January 29, 2026. HPQ lost 7.10 points, or 27.27%, in 55 days. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (18.32) 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 HPQ daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 20.75
Williams' Percentage Range (W%R) 90.00
Oversold
Lane's Stochastic (%D-Slow) 16.93
Oversold
Greed/Fear Indicator (GFI) 15.88
Oversold
Moving Average Converg./Diverg. (MACD) -1.07
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 16.20
Oversold
Williams' Percentage Range (W%R) 96.60
Strong Oversold
Lane's Stochastic (%D-Slow) 6.32
Strong Oversold
Greed/Fear Indicator (GFI) 14.57
Oversold
Moving Average Converg./Diverg. (MACD) -1.15
Trading Signals
Description Value Chart
50 Day Moving Average 22.63
Upper Bollinger Band 22.53
20 Day Moving Average 20.46
Parabolic System 19.76
Price 19.44
Weekly Stochastic Crossing 19.32
Daily Stochastic Crossing 19.17
Weekly Trendline Resistance 18.81
Lower Bollinger Band 18.58
Weekly Trendline Support 18.32
Monthly Trendline Support 17.09
Sector and Industry
Description Name Rank
Sector Information Technology 2
Industry Technology Hardware, Storage & Peripherals 13
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 18.94
Low Date 01/29/2026
High 19.45
High Date 01/30/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Resistance
Resistance 18.81
Support 18.32
High 26.04
High Date 12/05/2025
Low 18.94
Low Date 01/29/2026
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 24.14
Support 17.09
High 29.55
High Date 09/09/2025
Low 18.94
Low Date 01/29/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 39.79
High Date 11/25/2024
Low 18.94
Low Date 01/29/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 41.47
High Date 04/07/2022
Low 18.94
Low Date 01/29/2026
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.