The Greedy Trader Weekly Analysis
Sign In Aug 28, 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
- 8/21/2026 -
Sign In to see current Signals.

Hewlett-Packard (HPQ) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Williams' Percentage Range is overboughtBroken trend resistance line
Daily :Broken trend support lineDaily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SAR
Move cursor over the icon to see details.

It was the negative week for the Hewlett-Packard (HPQ). During the week, the HPQ dropped -0.40 points, or -1.33%, and closed at 29.71 on Friday, August 21, 2026. Weekly volume was -38% below average.

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 (15.52) 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 32.19 on August 13, 2026. HPQ gained -14.63 points, or -83.31%, in 24 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 23.32 and resistance is at 38.90. 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 medium-term trend.

Weekly Technical Indicators: [See HPQ weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with 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 link to access Williams' Percentage Range help.

The weekly MACD line is above its signal line since April 2, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.

Short-term trend: [See HPQ short-term trend chart]
A short-term uptrend had started on July 2, 2026 at 21.67 and reached 32.19 on August 13, 2026. HPQ gained -10.52 points, or -48.55%, in 42 days. The chart has formed a Rising Channel chart pattern. The uptrend support line (30.33) 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 short-term trend.

Daily Technical Indicators: [See HPQ daily technical indicators chart]
Daily technical indicators are neutral.

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

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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 62.21
Williams' Percentage Range (W%R) 43.20
Lane's Stochastic (%D-Slow) 38.22
Greed/Fear Indicator (GFI) 52.42
Moving Average Converg./Diverg. (MACD) 1.31
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 72.34
Williams' Percentage Range (W%R) 19.40
Overbought
Lane's Stochastic (%D-Slow) 73.65
Greed/Fear Indicator (GFI) 69.90
Moving Average Converg./Diverg. (MACD) 0.79
Trading Signals
Description Value Chart
Weekly Trendline Resistance 33.39
Parabolic System 31.98
Upper Bollinger Band 31.03
Weekly Trendline Support 30.33
Weekly Stochastic Crossing 30.10
Daily Stochastic Crossing 29.84
Price 29.71
20 Day Moving Average 28.91
Lower Bollinger Band 26.15
50 Day Moving Average 25.85
Sector and Industry
Description Name Rank
Sector Information Technology 6
Industry Technology Hardware, Storage & Peripherals 68
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 32.19
High Date 08/13/2026
Low 29.14
Low Date 08/17/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Support
Resistance 33.39
Support 30.33
Low 21.67
Low Date 07/02/2026
High 32.19
High Date 08/13/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 38.90
Support 23.32
Low 17.56
Low Date 02/25/2026
High 32.19
High Date 08/13/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 17.00
Support 15.52
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.