HPQ technical analysis
HPQ 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
HPQ Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- HPQ
- 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 series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 27.12 | August 3, 2026 | - | Verified |
| Verification series | 27.12 | August 3, 2026 | 0.00% | Verified |
Bottom line
HPQ Technical Analysis Summary
HPQ shows a bullish short-term picture on the daily chart, with price at $27.12 above the SMA20 ($25.31), SMA50 ($24.67), and SMA200 ($22.01). The weekly chart has also reclaimed its SMA200 at $26.21, an improvement from earlier in the year, though the SMA20 remains below the SMA50 on that timeframe. Daily RSI at 61.51 is constructive without being overbought, and the MACD histogram is positive on both timeframes. Key support is at $25.31 (SMA20) and $22.66 (20-day low). Key resistance is at $29.12 (20-day high) and the 52-week and 60-day high of $29.29. A sustained move above $29.29 with volume would signal a broader trend change; a close back below the weekly SMA200 at $26.21 would suggest renewed weakness.
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 $27.12 is above SMA20 ($25.31), SMA50 ($24.67), and SMA200 ($22.01), with the moving averages in a bullish alignment. The recent rally has pushed price to the upper end of its range, near the 52-week high.
- Momentum
- Positive. RSI14 at 61.51 is in bullish territory but below the 70 overbought threshold. MACD at 1.02 sits above its signal at 0.77, and the positive histogram of 0.25 shows short-term momentum is improving.
- Volatility
- Moderate. ATR14 at $1.17 (4.32% of price) indicates moderate daily swings. Bollinger Bands ($22.24 to $28.37) have widened as price moved higher, and price is trading in the upper half of the bands.
- Volume
- Below average. Latest volume of 11.62M is 0.77x the 20-period average (15.03M), suggesting the recent push higher has not been confirmed by heavy participation.
Assessment
The daily chart shows a bullish structure with price above all key moving averages. HPQ rallied from the low-$22 area in early July to a 20-day high of $29.12 before closing at $27.12 on the cutoff, a modest pullback near the 52-week high of $29.29. RSI at 61.51 has room before reaching overbought, and the MACD histogram is positive. Volume was below average on the latest session, so a confirmed advance on higher volume would strengthen the bullish case.
Weekly (July 27, 2026 week)
- Trend
- Mixed but improving. Price at $27.27 is above SMA20 ($22.49), SMA50 ($22.84), and SMA200 ($26.21), so the weekly chart has moved back above its longer-term average. The SMA20 remains below the SMA50, which keeps the intermediate-term alignment mixed.
- Momentum
- Positive. RSI14 at 63.94 is approaching but below the overbought threshold. MACD at 1.11 is above its signal at 0.59 with a positive histogram of 0.51, showing improving medium-term momentum.
- Volatility
- Elevated. ATR14 at $2.28 (8.37% of price) reflects wide weekly ranges, consistent with the strong advance over recent months. Bollinger Bands ($16.71 to $28.28) are wide.
- Volume
- Near average. Weekly volume of 95.22M is 1.07x the 20-week average (89.16M), showing roughly normal participation during the recovery.
Assessment
The weekly chart shows a marked improvement. Price has risen about 46% over the past 20 weeks and has moved back above the SMA200 at $26.21, a level that acted as resistance earlier. RSI at 63.94 and a rising MACD histogram support the recovery. The next major obstacle is the 52-week high at $29.29. A sustained close above $26.21 and a push through $29.29 would confirm a broader trend change; a drop back below $26.21 would signal renewed weakness.
Key indicators
HPQ Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 61.51 | 63.94 |
| MACD (12, 26, 9) | 1.02 / 0.77 / 0.25 | 1.11 / 0.59 / 0.51 |
| ATR (14) | $1.17 (4.32%) | $2.28 (8.37%) |
| Bollinger Bands (20, 2) | $22.24 - $28.37 | $16.71 - $28.28 |
| SMA (20) | $25.31 | $22.49 |
| SMA (50) | $24.67 | $22.84 |
| SMA (200) | $22.01 | $26.21 |
Price structure
HPQ Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | $27.12 | $27.27 |
| 1-Period Return | -0.55% | +5.90% |
| 5-Period Return | +2.15% | +19.19% |
| 20-Period Return | +20.00% | +45.81% |
| 60-Period Return | +28.21% | +15.16% |
| 252-Period Return | +14.97% | +16.17% |
| 52-Week Low | $17.07 | $17.07 |
| 52-Week High | $29.29 | $29.29 |
| 52-Week Position | 82.22% | 83.44% |
Key levels
HPQ Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | $29.12 | $29.29 |
| 20-Period Low | $22.66 | $17.79 |
| 60-Period High | $29.29 | $29.29 |
| 60-Period Low | $20.19 | $17.07 |
Scenarios
HPQ Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price breaks above the 20-day high of $29.12 and then the 52-week high of $29.29 with above-average volume, extending the uptrend.
Invalidation
Price falls back below the SMA20 at $25.31.
What to watch
Sustained closes above $29.12; MACD histogram continuing to rise; RSI holding above 60 on the daily; volume confirming the breakout.
Range-Bound
Trigger
Price continues to trade between the 20-day low of $22.66 and the 20-day high of $29.12.
Invalidation
A decisive break of either boundary with increasing volume.
What to watch
RSI staying between 40 and 60; volume remaining near or below average; price oscillating around the SMAs.
Bearish
Trigger
Price breaks below the 20-day low of $22.66 and then the SMA50 at $24.67.
Invalidation
Price reclaims the SMA20 at $25.31 and holds above it.
What to watch
Sustained closes below SMA20 ($25.31); MACD histogram turning negative; increasing volume on down days; a weekly close back below the SMA200 at $26.21.
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.
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