The Greedy Trader Weekly Analysis
Sign In Apr 26, 2024
Skip Navigation Links
TA Search
Share
Daily Price vs. Fibonacci:Near 61.8% retracement level
Number of records: 2
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Stock Market Trend Analysis and Technical Indicators Scanner.
technical analysis,screen stochastic,moving average trading system, trading indicator,technical analysis stock screen, macd convergence divergence, technical indicator macd,technical investment analysis,trading indicator,stochastics, bulls, bears, bullish, bearish, market, stock market
Stock market trading indicator and technical analysis stock screen presents technical stock market timing signals for technical investment analysis like screen stochastic or moving average trading system.. Screen includes following popular indicators and trading systems: Relative Strength Index (RSI), Williams' Percentage Range (W%R) and Lane's Stochastic (%D–Slow), moving average, macd convergence divergence, bullish and bearish divergence. For the best result different technical indicators should be analyzed in different time frames together with trend analysis, sector/industry ranking and stock timing alerts.

Advanced TA Search

Archive
- 4/19/2024 -
Sign In to see current Signals.

Hewlett Packard Enterprise (HPE) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :
Daily :The price has fallen below the Parabolic SARWilliams' Percentage Range oversoldLane's Stochastic is strongly oversoldPrice has crossed below the 50 Day Moving Average
Move cursor over the icon to see details.

It was the negative week for the Hewlett Packard Enterprise (HPE). During the week, the HPE dropped -0.63 points, or -3.62%, and closed at 16.79 on Friday, April 19, 2024. HPE was trading at average weekly trading volume.

Long-term trend: [See HPE long-term trend chart]
A long-term uptrend had started on March 18, 2020 at 7.43 and reached 20.07 on March 6, 2024. HPE gained -12.64 points, or -170.12%, in 207 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 14.70 and resistance is at 18.66. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a long-term trend.

Medium-term trend: [See HPE medium-term trend chart]
A medium-term uptrend had started on September 23, 2022 at 11.90 and reached 20.07 on March 6, 2024. HPE gained -8.17 points, or -68.66%, in 75 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 14.71 and resistance is at 19.22. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.

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

The weekly MACD line is above its signal line since March 1, 2024. This is an indication that the medium-term trend is up. 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 April 4, 2024 at 18.76 and reached 16.69 on April 19, 2024. HPE lost 2.07 points, or 11.03%, in 15 days. Price is near the trend low.

Daily Technical Indicators: [See HPE daily technical indicators chart]
Daily Williams' Percentage Range is oversold while Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Williams' Percentage Range or strongly oversold daily 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The daily MACD line is below its signal line since April 8, 2024. 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 crossed below the 50 Day Moving Average. While the medium-term trend is up and daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. 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) 27.45
Williams' Percentage Range (W%R) 84.10
Oversold
Lane's Stochastic (%D-Slow) 8.66
Strong Oversold
Greed/Fear Indicator (GFI) 17.35
Oversold
Moving Average Converg./Diverg. (MACD) 0.18
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 55.09
Williams' Percentage Range (W%R) 54.50
Lane's Stochastic (%D-Slow) 53.85
Greed/Fear Indicator (GFI) 51.07
Moving Average Converg./Diverg. (MACD) 0.14
Trading Signals
Description Value Chart
Monthly Trendline Support 19.78
Quarterly Trendline Resistance 19.22
Yearly Trendline Resistance 18.66
Upper Bollinger Band 18.20
Monthly Trendline Resistance 18.04
Parabolic System 17.71
Weekly Stochastic Crossing 17.62
20 Day Moving Average 17.62
Daily Stochastic Crossing 16.83
50 Day Moving Average 16.83
Price 16.79
Lower Bollinger Band 16.59
Quarterly Trendline Support 14.71
Yearly Trendline Support 14.70
Sector and Industry
Description Name Rank
Sector Information Technology 5
Industry Technology Hardware, Storage & Peripherals 36
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 18.76
High Date 04/04/2024
Low 16.69
Low Date 04/19/2024
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 20.07
High Date 03/06/2024
Low 16.50
Low Date 03/20/2024
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Support
Resistance 18.04
Support 19.78
Low 14.47
Low Date 03/01/2024
High 20.07
High Date 03/06/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 19.22
Support 14.71
Low 11.90
Low Date 09/23/2022
High 20.07
High Date 03/06/2024
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Valid
Resistance 18.66
Support 14.70
Low 7.43
Low Date 03/18/2020
High 20.07
High Date 03/06/2024
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.