HPE technical analysis

HPE Technical Analysis

Analysis date

August 4, 2026

Market

NYSE (USD)

Daily cutoff

August 3, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

HPE Data Verification

Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.

Symbol
HPE
Market
NYSE
Currency
USD (US Dollar)
Latest completed bar
August 3, 2026

Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.

Validation seriesLatest CloseDateDifferenceStatus
Calculation series50.24August 3, 2026-Verified
Verification series50.24August 3, 2026 (previous close)0.00%Verified

Bottom line

HPE Technical Analysis Summary

HPE maintains a strong bullish structure on both daily and weekly timeframes, with price trading well above all key moving averages. The stock has rallied 147.88% over the past year (252 daily bars). Near-term momentum has turned supportive again: the latest daily bar climbed 4.89% to 50.24, the daily MACD histogram turned positive at 0.09, and daily RSI at 59.57 is neutral with room to move. The weekly RSI at 70.23 sits just above the overbought threshold, suggesting the extended uptrend could pause. Key resistance is at the 20-day high of 51.08. Support stands at the 20-day low of 42.50 and the SMA20 at 46.96. A break above 51.08 would signal renewed short-term strength; a close below 42.50 would suggest a deeper pullback.

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (August 3, 2026)

Trend
Bullish. Price at 50.24 is above SMA20 (46.96), SMA50 (46.24), and SMA200 (29.41). The SMA20 is above SMA50, confirming a short-term bullish alignment, and the SMA200 is rising, supporting the long-term uptrend.
Momentum
Neutral-to-bullish. RSI14 at 59.57 is in neutral territory, neither overbought nor oversold, leaving room to move. MACD at 0.77 is above the signal line at 0.68, and the positive histogram of 0.09 points to resuming short-term upward momentum.
Volatility
Elevated. ATR14 at 2.95 (5.88% of price) reflects above-average daily swings. Bollinger Bands (43.33 to 50.59) are wide, and price closed near the upper band, reflecting renewed upside pressure.
Volume
Near average. Latest volume of 16,955,200 is 98.8% of the 20-period average (17,158,325), suggesting the latest rebound was supported by normal participation.

Assessment

The daily chart shows a confirmed uptrend that has reasserted itself. After a pullback through late July, the latest bar rallied 4.89% to 50.24, reclaimed the SMA20, and pushed the MACD histogram back above zero. RSI at 59.57 is not overbought, leaving room for further upside. Key levels to watch: a sustained close above the 20-day high at 51.08 would signal renewed short-term strength, while a break below the 20-day low at 42.50 would shift the short-term outlook bearish.

Weekly (July 27, 2026 week)

Trend
Bullish. Price at 47.90 is well above SMA20 (37.08), SMA50 (28.43), and SMA200 (19.53). All major moving averages are rising in bullish alignment, confirming a mature long-term uptrend.
Momentum
Bullish but slightly overbought. RSI14 at 70.23 sits just above the 70 overbought threshold, indicating the weekly advance is extended. MACD at 6.34 with signal at 5.65 and a positive histogram of 0.70 confirms upside momentum remains intact on the weekly scale.
Volatility
High. ATR14 at 5.15 (10.76% of price) reflects wide weekly ranges consistent with a stock in a strong trending phase.
Volume
Below average. Latest weekly volume of 84,540,300 is 76.9% of the 20-week average (109,963,300), showing lighter participation.

Assessment

The weekly chart confirms a powerful long-term bull trend with price dramatically above all SMAs. The borderline overbought RSI at 70.23 suggests the rally is extended and may pause or consolidate, but the positive MACD histogram keeps the underlying trend intact. Price sits in the upper half of its 52-week range. Extended rallies can face profit-taking, so monitoring volume on any pullback is important.

Key indicators

HPE Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)59.5770.23
MACD (12, 26, 9)0.77 / 0.68 / 0.096.34 / 5.65 / 0.70
ATR (14)2.95 (5.88%)5.15 (10.76%)
Bollinger Bands (20, 2)43.33 - 50.5917.34 - 56.82
SMA (20)46.9637.08
SMA (50)46.2428.43
SMA (200)29.4119.53

Price structure

HPE Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price50.2447.90
1-Period Return+4.89%+0.44%
5-Period Return+4.25%+9.59%
20-Period Return+16.43%+124.05%
60-Period Return+65.91%+171.98%
252-Period Return+147.88%+274.28%
52-Week Low19.2319.23
52-Week High64.0664.06
52-Week Position69.17%63.95%

Key levels

HPE Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High51.0864.06
20-Period Low42.5020.96
60-Period High64.0664.06
60-Period Low29.2217.05

Scenarios

HPE Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price breaks above the 20-day high at 51.08 with above-average volume.

Invalidation

Price falls below the 20-day low of 42.50.

What to watch

Sustained close above 51.08; MACD histogram staying positive; RSI holding above 50 on the daily chart.

Range-Bound

Trigger

Price continues to oscillate between 42.50 support and 51.08 resistance.

Invalidation

A decisive break of either boundary with increasing volume.

What to watch

RSI staying between 45 and 65; volume near the 20-day average; MACD histogram oscillating near zero.

Bearish

Trigger

Price breaks below the 20-day low at 42.50 and then the SMA50 at 46.24.

Invalidation

Price reclaims the SMA20 (46.96) and holds above it.

What to watch

Sustained closes below SMA20 (46.96); increasing downside volume; daily RSI falling below 45; weekly RSI crossing below 70.

Methodology

Methodology and Limitations

This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 3, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 3, 2026, weekly July 27, 2026 week. Generated August 4, 2026.