US stock / ETF

HP Inc.

HPQ · NYSE · USD

4 hoursBullish78%
4h Upside probability 78%Bullish

HPQ 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $30.4 and reclaim $32.69.

Invalidation Trigger

Lose $30.4 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 56.7, MACD 0.163

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.4035 (1.25%)

4h

EMA Structure

Range
EMA 8$32.05Bullish
EMA 21$31.82Bullish
EMA 50$31.97Bullish

Signals

CategoryReadStrength
Momentum
RSI 56.7 · MACD 0.163

Momentum is strong

Strength
Bullish
Volatility
ATR $0.4035 · BB 7.00%

Low volatility

Strength
Bullish
Volume
MFI 48.5 · OBV -0.42%

Relative to 20-period average volume

Strength
Range
Price Levels
$30.4 - $32.69

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.74% · 2.2 ATR above latest close

$33.09
Nearest resistance

+1.49% · 1.2 ATR above · 34-bar high

$32.69
Current price

Price shown is delayed

$32.21
Nearest support

-5.62% · 4.5 ATR below · 34-bar low

$30.4
Deeper support zone

-6.87% · 5.5 ATR below latest close

$30
ATR zone

Latest close ± ATR14

$31.81 - $32.61

Indicators

Trend

Dow Theory Structure

Confirmation $32.54, invalidation $30.4

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

Trend strength is active

28.7 / 38.1 / 7.2Bullish
Supertrend (10,3)

Price is above Supertrend

$30.98Bullish
Ichimoku Cloud

Cloud Span A / Span B

$31.68 / $32.78Bearish
Donchian Channel (20)

20-period breakout channel position

85%Bullish

Volatility

ATR (14)

Low volatility

$0.4035 (1.25%)Bullish
Bollinger Bands (20,2)

Width 7.00%

81%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$32.61 / $31.04Bullish
ATR channel lower / upper

Current Volatility Envelope

$31.81 / $32.61Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$32.69Range
Support

Nearest Downside Decision Level

$30.4Range

Momentum

RSI (14)

Momentum is strong

56.7Bullish
MACD (12,26,9)

Histogram is positive

0.163Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

84.6 / 86.1Bearish
Williams %R (14)

Overbought zone

-15.4Bearish
CCI (20)

Balanced zone

97.6Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.5Range
OBV slope

20-period OBV slope

-0.42%Bearish
Volume ratio

Relative to 20-period average volume

1.23xBullish

Trend

Dow Theory Structure

Confirmation $32.54, invalidation $30.4

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

Trend strength is active

28.7 / 38.1 / 7.2Bullish
Supertrend (10,3)

Price is above Supertrend

$30.98Bullish
Ichimoku Cloud

Cloud Span A / Span B

$31.68 / $32.78Bearish
Donchian Channel (20)

20-period breakout channel position

85%Bullish

Momentum

RSI (14)

Momentum is strong

56.7Bullish
MACD (12,26,9)

Histogram is positive

0.163Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

84.6 / 86.1Bearish
Williams %R (14)

Overbought zone

-15.4Bearish
CCI (20)

Balanced zone

97.6Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$0.4035 (1.25%)Bullish
Bollinger Bands (20,2)

Width 7.00%

81%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$32.61 / $31.04Bullish
ATR channel lower / upper

Current Volatility Envelope

$31.81 / $32.61Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.5Range
OBV slope

20-period OBV slope

-0.42%Bearish
Volume ratio

Relative to 20-period average volume

1.23xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$32.69Range
Support

Nearest Downside Decision Level

$30.4Range

Related Forecasts