US stock / ETF

HP Inc.

HPQ · NYSE · USD

4 hoursBullish92%
4h Upside probability 92%Bullish

HPQ 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Hold above $29.8 and reclaim $34.25.

Invalidation Trigger

Lose $29.8 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 69.6, MACD 0.257

4h
Volatility EnvironmentRange
Low volatility

ATR is $0.6352 (1.89%)

4h

EMA Structure

Bullish
EMA 8$32.97Bullish
EMA 21$32.03Bullish
EMA 50$31.52Bullish

Signals

CategoryReadStrength
Momentum
RSI 69.6 · MACD 0.257

Momentum is strong

Strength
Bullish
Volatility
ATR $0.6352 · BB 16.35%

Low volatility

Strength
Range
Volume
MFI 73.5 · OBV 11.43%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$29.8 - $34.25

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+3.89% · 2.1 ATR above latest close

$34.89
Nearest resistance

+2% · 1.1 ATR above · 34-bar high

$34.25
Current price

Price shown is delayed

$33.58
Nearest support

-11.27% · 6.0 ATR below · 34-bar low

$29.8
Deeper support zone

-13.16% · 7.0 ATR below latest close

$29.16
ATR zone

Latest close ± ATR14

$32.94 - $34.22

Indicators

Trend

Dow Theory Structure

Confirmation $34.25, invalidation $32.9

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

Trend strength is active

54.8 / 42.2 / 14.3Bullish
Supertrend (10,3)

Price is above Supertrend

$31.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$32.27 / $31.72Bullish
Donchian Channel (20)

20-period breakout channel position

85%Bullish

Volatility

ATR (14)

Low volatility

$0.6352 (1.89%)Range
Bollinger Bands (20,2)

Width 16.35%

88%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$33.49 / $30.66Range
ATR channel lower / upper

Current Volatility Envelope

$32.94 / $34.22Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$34.25Range
Support

Nearest Downside Decision Level

$29.8Range

Momentum

RSI (14)

Momentum is strong

69.6Bullish
MACD (12,26,9)

Histogram is positive

0.257Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

81.6 / 78.9Bullish
Williams %R (14)

Overbought zone

-18.4Bearish
CCI (20)

Strong expansion

110.5Bullish
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

73.5Bullish
OBV slope

20-period OBV slope

11.43%Bullish
Volume ratio

Relative to 20-period average volume

2.62xBullish

Trend

Dow Theory Structure

Confirmation $34.25, invalidation $32.9

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

Trend strength is active

54.8 / 42.2 / 14.3Bullish
Supertrend (10,3)

Price is above Supertrend

$31.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$32.27 / $31.72Bullish
Donchian Channel (20)

20-period breakout channel position

85%Bullish

Momentum

RSI (14)

Momentum is strong

69.6Bullish
MACD (12,26,9)

Histogram is positive

0.257Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

81.6 / 78.9Bullish
Williams %R (14)

Overbought zone

-18.4Bearish
CCI (20)

Strong expansion

110.5Bullish
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$0.6352 (1.89%)Range
Bollinger Bands (20,2)

Width 16.35%

88%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$33.49 / $30.66Range
ATR channel lower / upper

Current Volatility Envelope

$32.94 / $34.22Range

Volume / Money Flow

MFI (14)

Money flow is strong

73.5Bullish
OBV slope

20-period OBV slope

11.43%Bullish
Volume ratio

Relative to 20-period average volume

2.62xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$34.25Range
Support

Nearest Downside Decision Level

$29.8Range

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