US stock / ETF

Hewlett Packard Enterprise Company

HPE · NYSE · USD

4 hoursBullish59%
4h Upside probability 59%Bullish

HPE 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Hold above $54 and reclaim $69.47.

Invalidation Trigger

Lose $54 and MACD turns lower again.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateRange
Momentum mixed

RSI 45.8, MACD 0.457

4h
Volatility EnvironmentRange
Medium volatility

ATR is $1.66 (2.92%)

4h

EMA Structure

Bearish
EMA 8$56.51Bullish
EMA 21$57.36Bearish
EMA 50$60.19Bearish

Signals

CategoryReadStrength
Momentum
RSI 45.8 · MACD 0.457

Neutral zone

Strength
Range
Volatility
ATR $1.66 · BB 9.15%

Medium volatility

Strength
Range
Volume
MFI 47.9 · OBV 47.92%

Relative to 20-period average volume

Strength
Range
Price Levels
$54 - $69.47

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+24.8% · 8.5 ATR above latest close

$71.13
Nearest resistance

+21.88% · 7.5 ATR above · 34-bar high

$69.47
Current price

Price shown is delayed

$57
Nearest support

-5.26% · 1.8 ATR below · 34-bar low

$54
Deeper support zone

-8.18% · 2.8 ATR below latest close

$52.34
ATR zone

Latest close ± ATR14

$55.34 - $58.66

Indicators

Trend

Dow Theory Structure

Confirmation $59.92, invalidation $54.52

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

13.5 / 27.0 / 18.5Bullish
Supertrend (10,3)

Price is above Supertrend

$52.15Bullish
Ichimoku Cloud

Cloud Span A / Span B

$56.65 / $63.99Bearish
Donchian Channel (20)

20-period breakout channel position

51%Bearish

Volatility

ATR (14)

Medium volatility

$1.66 (2.92%)Range
Bollinger Bands (20,2)

Width 9.15%

59%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$60.29 / $54.21Range
ATR channel lower / upper

Current Volatility Envelope

$55.34 / $58.66Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$69.47Range
Support

Nearest Downside Decision Level

$54Range

Momentum

RSI (14)

Neutral zone

45.8Range
MACD (12,26,9)

Histogram is positive

0.457Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

49.7 / 52.4Bearish
Williams %R (14)

Neutral zone

-50.3Range
CCI (20)

Balanced zone

21.3Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.9Range
OBV slope

20-period OBV slope

47.92%Bullish
Volume ratio

Relative to 20-period average volume

2.35xBullish

Trend

Dow Theory Structure

Confirmation $59.92, invalidation $54.52

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

13.5 / 27.0 / 18.5Bullish
Supertrend (10,3)

Price is above Supertrend

$52.15Bullish
Ichimoku Cloud

Cloud Span A / Span B

$56.65 / $63.99Bearish
Donchian Channel (20)

20-period breakout channel position

51%Bearish

Momentum

RSI (14)

Neutral zone

45.8Range
MACD (12,26,9)

Histogram is positive

0.457Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

49.7 / 52.4Bearish
Williams %R (14)

Neutral zone

-50.3Range
CCI (20)

Balanced zone

21.3Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Medium volatility

$1.66 (2.92%)Range
Bollinger Bands (20,2)

Width 9.15%

59%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$60.29 / $54.21Range
ATR channel lower / upper

Current Volatility Envelope

$55.34 / $58.66Range

Volume / Money Flow

MFI (14)

Money flow is neutral

47.9Range
OBV slope

20-period OBV slope

47.92%Bullish
Volume ratio

Relative to 20-period average volume

2.35xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$69.47Range
Support

Nearest Downside Decision Level

$54Range

Related Forecasts