US stock / ETF

HP Inc.

HPQ · NYSE · USD

1 monthBearish86%
Monthly Downside probability 86%Bearish

HPQ 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $25.44 and stabilize above resistance $39.79.

Invalidation Trigger

Break above $39.79 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 45.4, MACD -0.134

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $4.11 (17.38%)

Monthly

EMA Structure

Bearish
EMA 8$23.25Bullish
EMA 21$25.44Bearish
EMA 50$27.41Bearish

Signals

CategoryReadStrength
Momentum
RSI 45.4 · MACD -0.134

Neutral zone

Strength
Bearish
Volatility
ATR $4.11 · BB 69.46%

High volatility

Strength
Bearish
Volume
MFI 58.6 · OBV -64.60%

Relative to 20-period average volume

Strength
Range
Price Levels
$17.56 - $39.79

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+85.54% · 4.9 ATR above latest close

$43.9
Nearest resistance

+68.15% · 3.9 ATR above · 34-bar high

$39.79
Current price

Price shown is delayed

$23.66
Nearest support

-25.78% · 1.5 ATR below · 34-bar low

$17.56
Deeper support zone

-43.17% · 2.5 ATR below latest close

$13.45
ATR zone

Latest close ± ATR14

$19.55 - $27.77

Indicators

Trend

Dow Theory Structure

Confirmation $17.56, invalidation $29.55

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

Trend strength is active

32.4 / 25.5 / 15.4Bullish
Supertrend (10,3)

Price is above Supertrend

$13.47Bullish
Ichimoku Cloud

Cloud Span A / Span B

$26.11 / $29.51Bearish
Donchian Channel (20)

20-period breakout channel position

27%Bearish

Volatility

ATR (14)

High volatility

$4.11 (17.38%)Bearish
Bollinger Bands (20,2)

Width 69.46%

37%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$33.79 / $16.8Bearish
ATR channel lower / upper

Current Volatility Envelope

$19.55 / $27.77Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$39.79Range
Support

Nearest Downside Decision Level

$17.56Range

Momentum

RSI (14)

Neutral zone

45.4Range
MACD (12,26,9)

Histogram is negative

-0.134Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

50.9 / 51.4Bearish
Williams %R (14)

Neutral zone

-49.1Range
CCI (20)

Balanced zone

-15.6Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

58.6Bullish
OBV slope

20-period OBV slope

-64.60%Bearish
Volume ratio

Relative to 20-period average volume

1.74xBullish

Trend

Dow Theory Structure

Confirmation $17.56, invalidation $29.55

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

Trend strength is active

32.4 / 25.5 / 15.4Bullish
Supertrend (10,3)

Price is above Supertrend

$13.47Bullish
Ichimoku Cloud

Cloud Span A / Span B

$26.11 / $29.51Bearish
Donchian Channel (20)

20-period breakout channel position

27%Bearish

Momentum

RSI (14)

Neutral zone

45.4Range
MACD (12,26,9)

Histogram is negative

-0.134Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

50.9 / 51.4Bearish
Williams %R (14)

Neutral zone

-49.1Range
CCI (20)

Balanced zone

-15.6Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

High volatility

$4.11 (17.38%)Bearish
Bollinger Bands (20,2)

Width 69.46%

37%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$33.79 / $16.8Bearish
ATR channel lower / upper

Current Volatility Envelope

$19.55 / $27.77Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

58.6Bullish
OBV slope

20-period OBV slope

-64.60%Bearish
Volume ratio

Relative to 20-period average volume

1.74xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$39.79Range
Support

Nearest Downside Decision Level

$17.56Range

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