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Downtrend ExhaustionArchive
- 4/25/2025 -
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Hewlett-Packard (HPQ) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a third consecutive positive week for the Hewlett-Packard (HPQ). During the week, the HPQ gained 1.45 points, or 6.08%, and closed at 25.28 on Friday, April 25, 2025. It was the best weekly gain since November 22, 2024. Weekly volume was -10% below average.
HPQ is a member of Information Technology Sector. Information Technology is the 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 uptrend had started on October 13, 2022 at 24.08 and reached 39.79 on November 25, 2024. HPQ gained -15.71 points, or -65.24%, in 110 weeks. The price is now at the 92.36% retracement level.
 Medium-term trend: [See HPQ medium-term trend chart]
A medium-term downtrend had started on February 24, 2025 at 35.28 and reached 21.21 on April 9, 2025. HPQ lost 14.07 points, or 39.88%, in 6 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (17.67) 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 medium-term trend.
 Weekly Technical Indicators: [See HPQ weekly technical indicators chart]
Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly 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.
The weekly MACD line is below its signal line since August 9, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term downtrend 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 uptrend had started on April 9, 2025 at 21.21 and reached 25.58 on April 23, 2025. HPQ gained -4.37 points, or -20.60%, in 14 days. The price is now at the 6.86% retracement level.
 Daily Technical Indicators: [See HPQ daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since April 16, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.
During the last week, the price has moved above 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.
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