US stock / ETF

HP Inc.

HPQ · NYSE · USD

4 hoursBearish76%
4h Downside probability 76%Bearish

HPQ 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $29.78 and stabilize above resistance $32.19.

Invalidation Trigger

Break above $32.19 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 49.6, MACD -0.052

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.4164 (1.4%)

4h

EMA Structure

Range
EMA 8$29.75Bearish
EMA 21$29.78Bearish
EMA 50$29.34Bullish

Signals

CategoryReadStrength
Momentum
RSI 49.6 · MACD -0.052

Neutral zone

Strength
Bearish
Volatility
ATR $0.4164 · BB 3.79%

Low volatility

Strength
Bullish
Volume
MFI 48.2 · OBV -9.63%

Relative to 20-period average volume

Strength
Range
Price Levels
$28.37 - $32.19

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+9.75% · 7.0 ATR above latest close

$32.61
Nearest resistance

+8.35% · 6.0 ATR above · 34-bar high

$32.19
Current price

Price shown is delayed

$29.71
Nearest support

-4.51% · 3.2 ATR below · 34-bar low

$28.37
Deeper support zone

-5.91% · 4.2 ATR below latest close

$27.95
ATR zone

Latest close ± ATR14

$29.29 - $30.13

Indicators

Trend

Dow Theory Structure

Confirmation $29.2, invalidation $30.36

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

Trend strength is active

23.1 / 33.1 / 13.2Bullish
Supertrend (10,3)

Price is above Supertrend

$28.56Bullish
Ichimoku Cloud

Cloud Span A / Span B

$30.01 / $30.1Bearish
Donchian Channel (20)

20-period breakout channel position

44%Range

Volatility

ATR (14)

Low volatility

$0.4164 (1.4%)Bullish
Bollinger Bands (20,2)

Width 3.79%

45%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$30.55 / $29.02Bullish
ATR channel lower / upper

Current Volatility Envelope

$29.29 / $30.13Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$32.19Range
Support

Nearest Downside Decision Level

$28.37Range

Momentum

RSI (14)

Neutral zone

49.6Range
MACD (12,26,9)

Histogram is negative

-0.052Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

37.1 / 46.5Bearish
Williams %R (14)

Neutral zone

-62.9Range
CCI (20)

Balanced zone

-17.3Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.2Range
OBV slope

20-period OBV slope

-9.63%Bearish
Volume ratio

Relative to 20-period average volume

1.01xRange

Trend

Dow Theory Structure

Confirmation $29.2, invalidation $30.36

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

Trend strength is active

23.1 / 33.1 / 13.2Bullish
Supertrend (10,3)

Price is above Supertrend

$28.56Bullish
Ichimoku Cloud

Cloud Span A / Span B

$30.01 / $30.1Bearish
Donchian Channel (20)

20-period breakout channel position

44%Range

Momentum

RSI (14)

Neutral zone

49.6Range
MACD (12,26,9)

Histogram is negative

-0.052Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

37.1 / 46.5Bearish
Williams %R (14)

Neutral zone

-62.9Range
CCI (20)

Balanced zone

-17.3Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Low volatility

$0.4164 (1.4%)Bullish
Bollinger Bands (20,2)

Width 3.79%

45%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$30.55 / $29.02Bullish
ATR channel lower / upper

Current Volatility Envelope

$29.29 / $30.13Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.2Range
OBV slope

20-period OBV slope

-9.63%Bearish
Volume ratio

Relative to 20-period average volume

1.01xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$32.19Range
Support

Nearest Downside Decision Level

$28.37Range

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