US stock / ETF

HP Inc.

HPQ · NYSE · USD

1 hourBearish78%
1h Downside probability 78%Bearish

HPQ 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

1h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $23.5 and stabilize above resistance $24.3.

Invalidation Trigger

Break above $24.3 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 34.9, MACD -0.050

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.2557 (1.11%)

1h

EMA Structure

Bearish
EMA 8$23.28Bearish
EMA 21$23.5Bearish
EMA 50$23.86Bearish

Signals

CategoryReadStrength
Momentum
RSI 34.9 · MACD -0.050

Momentum is weak

Strength
Bearish
Volatility
ATR $0.2557 · BB 5.55%

Low volatility

Strength
Bullish
Volume
MFI 17.7 · OBV -73.24%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$22.87 - $24.3

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+6.6% · 5.9 ATR above latest close

$24.55
Nearest resistance

+5.49% · 4.9 ATR above · 34-bar high

$24.3
Current price

Price shown is delayed

$23.03
Nearest support

-0.69% · 0.6 ATR below · 34-bar low

$22.87
Deeper support zone

-1.81% · 1.6 ATR below latest close

$22.61
ATR zone

Latest close ± ATR14

$22.77 - $23.29

Indicators

Trend

Dow Theory Structure

Confirmation $24.08, invalidation $23.32

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

28.2 / 19.3 / 37.8Bearish
Supertrend (10,3)

Price is above Supertrend

$22.28Bullish
Ichimoku Cloud

Cloud Span A / Span B

$23.46 / $24.32Bearish
Donchian Channel (20)

20-period breakout channel position

11%Bearish

Volatility

ATR (14)

Low volatility

$0.2557 (1.11%)Bullish
Bollinger Bands (20,2)

Width 5.55%

6%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$23.95 / $23.02Bullish
ATR channel lower / upper

Current Volatility Envelope

$22.77 / $23.29Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$24.3Range
Support

Nearest Downside Decision Level

$22.87Range

Momentum

RSI (14)

Momentum is weak

34.9Bearish
MACD (12,26,9)

Histogram is negative

-0.050Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

13.2 / 11.8Bullish
Williams %R (14)

Oversold zone

-86.8Bullish
CCI (20)

Weak expansion

-141.5Bearish
TD Sequential

Exhaustion setup is near completion

buy 9Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

17.7Bearish
OBV slope

20-period OBV slope

-73.24%Bearish
Volume ratio

Relative to 20-period average volume

0.79xBearish

Trend

Dow Theory Structure

Confirmation $24.08, invalidation $23.32

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

28.2 / 19.3 / 37.8Bearish
Supertrend (10,3)

Price is above Supertrend

$22.28Bullish
Ichimoku Cloud

Cloud Span A / Span B

$23.46 / $24.32Bearish
Donchian Channel (20)

20-period breakout channel position

11%Bearish

Momentum

RSI (14)

Momentum is weak

34.9Bearish
MACD (12,26,9)

Histogram is negative

-0.050Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

13.2 / 11.8Bullish
Williams %R (14)

Oversold zone

-86.8Bullish
CCI (20)

Weak expansion

-141.5Bearish
TD Sequential

Exhaustion setup is near completion

buy 9Bullish

Volatility

ATR (14)

Low volatility

$0.2557 (1.11%)Bullish
Bollinger Bands (20,2)

Width 5.55%

6%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$23.95 / $23.02Bullish
ATR channel lower / upper

Current Volatility Envelope

$22.77 / $23.29Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

17.7Bearish
OBV slope

20-period OBV slope

-73.24%Bearish
Volume ratio

Relative to 20-period average volume

0.79xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$24.3Range
Support

Nearest Downside Decision Level

$22.87Range

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