US stock / ETF

HP Inc.

HPQ · NYSE · USD

1 monthBearish89%
Monthly Downside probability 89%Bearish

HPQ 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $25.22 and stabilize above resistance $39.8.

Invalidation Trigger

Break above $39.8 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 47.5, MACD -0.006

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $4.07 (16.59%)

Monthly

EMA Structure

Bearish
EMA 8$23.23Bullish
EMA 21$25.22Bearish
EMA 50$26.75Bearish

Signals

CategoryReadStrength
Momentum
RSI 47.5 · MACD -0.006

Neutral zone

Strength
Bearish
Volatility
ATR $4.07 · BB 63.21%

High volatility

Strength
Bearish
Volume
MFI 43.3 · OBV -72.55%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$17.56 - $39.8

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+78.95% · 4.8 ATR above latest close

$43.86
Nearest resistance

+62.36% · 3.8 ATR above · 34-bar high

$39.8
Current price

Price shown is delayed

$24.51
Nearest support

-28.36% · 1.7 ATR below · 34-bar low

$17.56
Deeper support zone

-44.95% · 2.7 ATR below latest close

$13.49
ATR zone

Latest close ± ATR14

$20.44 - $28.58

Indicators

Trend

Dow Theory Structure

Confirmation $17.56, invalidation $29.55

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

33.5 / 23.5 / 15.9Bullish
Supertrend (10,3)

Price is above Supertrend

$10.28Bullish
Ichimoku Cloud

Cloud Span A / Span B

$26.14 / $29.52Bearish
Donchian Channel (20)

20-period breakout channel position

36%Bearish

Volatility

ATR (14)

High volatility

$4.07 (16.59%)Bearish
Bollinger Bands (20,2)

Width 63.21%

45%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$33.97 / $16.18Bearish
ATR channel lower / upper

Current Volatility Envelope

$20.44 / $28.58Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$39.8Range
Support

Nearest Downside Decision Level

$17.56Range

Momentum

RSI (14)

Neutral zone

47.5Range
MACD (12,26,9)

Histogram is negative

-0.006Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

57.5 / 57.6Bearish
Williams %R (14)

Neutral zone

-42.5Range
CCI (20)

Balanced zone

-34.6Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

43.3Bearish
OBV slope

20-period OBV slope

-72.55%Bearish
Volume ratio

Relative to 20-period average volume

0.35xBearish

Trend

Dow Theory Structure

Confirmation $17.56, invalidation $29.55

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

33.5 / 23.5 / 15.9Bullish
Supertrend (10,3)

Price is above Supertrend

$10.28Bullish
Ichimoku Cloud

Cloud Span A / Span B

$26.14 / $29.52Bearish
Donchian Channel (20)

20-period breakout channel position

36%Bearish

Momentum

RSI (14)

Neutral zone

47.5Range
MACD (12,26,9)

Histogram is negative

-0.006Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

57.5 / 57.6Bearish
Williams %R (14)

Neutral zone

-42.5Range
CCI (20)

Balanced zone

-34.6Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$4.07 (16.59%)Bearish
Bollinger Bands (20,2)

Width 63.21%

45%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$33.97 / $16.18Bearish
ATR channel lower / upper

Current Volatility Envelope

$20.44 / $28.58Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

43.3Bearish
OBV slope

20-period OBV slope

-72.55%Bearish
Volume ratio

Relative to 20-period average volume

0.35xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$39.8Range
Support

Nearest Downside Decision Level

$17.56Range

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