|
|
|
|
Archive - 6/12/2026 - Sign In to see current Signals. |
Hewlett-Packard (HPQ) Technical Analysis
|
 |
| Summary:
| | Weekly :   | | Daily :    Move cursor over the icon to see details.
| | It was the negative week for the Hewlett-Packard (HPQ). During the week, the HPQ dropped -0.34 points, or -1.33%, and closed at 25.24 on Friday, June 12, 2026. Weekly volume was 11% above 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 (16.32) 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 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 29.65 on June 2, 2026. HPQ gained -12.09 points, or -68.85%, in 13 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (19.03) 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 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. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. 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 June 2, 2026 at 29.65 and reached 24.02 on June 12, 2026. HPQ lost 5.63 points, or 18.99%, in 10 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See HPQ daily technical indicators chart] Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Lane's Stochastic. 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. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. The distance between the Bollinger Bands is 147.86% higher then one year average. It indicates the period of high volatility of the stock price. 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.
| |
|
|
|
|
| Daily Oscillators |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Information Technology |
9 |
| Industry |
Technology Hardware, Storage & Peripherals |
110 |
|
| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
29.65 |
| High Date |
06/02/2026 |
| Low |
24.02 |
| Low Date |
06/12/2026 |
|
| Weekly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| Low |
18.01 |
| Low Date |
03/19/2026 |
| High |
29.65 |
| High Date |
06/02/2026 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Broken Resistance |
| Resistance |
24.35 |
| Support |
19.03 |
| Low |
17.56 |
| Low Date |
02/25/2026 |
| High |
29.65 |
| High Date |
06/02/2026 |
|
| Quarterly Trend |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Wedge |
| Status |
Broken Resistance |
| Resistance |
19.52 |
| Support |
16.32 |
| 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 |
|
|