US stock / ETF

HP Inc.

HPQ · NYSE · USD

4 hoursBearish91%
4h Downside probability 91%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 $24.05 and stabilize above resistance $29.55.

Invalidation Trigger

Break above $29.55 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 39.3, MACD -0.092

4h
Volatility EnvironmentRange
Medium volatility

ATR is $0.6411 (2.78%)

4h

EMA Structure

Range
EMA 8$23.53Bearish
EMA 21$24.05Bearish
EMA 50$24.01Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.3 · MACD -0.092

Momentum is weak

Strength
Bearish
Volatility
ATR $0.6411 · BB 11.48%

Medium volatility

Strength
Range
Volume
MFI 27.0 · OBV -55.20%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$22.87 - $29.55

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+31.09% · 11.2 ATR above latest close

$30.19
Nearest resistance

+28.31% · 10.2 ATR above · 34-bar high

$29.55
Current price

Price shown is delayed

$23.03
Nearest support

-0.69% · 0.2 ATR below · 34-bar low

$22.87
Deeper support zone

-3.48% · 1.2 ATR below latest close

$22.23
ATR zone

Latest close ± ATR14

$22.39 - $23.67

Indicators

Trend

Dow Theory Structure

Confirmation $22.88, invalidation $24.3

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

Trend strength is active

31.7 / 15.3 / 32.8Bearish
Supertrend (10,3)

Price is above Supertrend

$21.12Bullish
Ichimoku Cloud

Cloud Span A / Span B

$24.07 / $25Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Volatility

ATR (14)

Medium volatility

$0.6411 (2.78%)Range
Bollinger Bands (20,2)

Width 11.48%

12%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$25.32 / $22.73Range
ATR channel lower / upper

Current Volatility Envelope

$22.39 / $23.67Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$29.55Range
Support

Nearest Downside Decision Level

$22.87Range

Momentum

RSI (14)

Momentum is weak

39.3Bearish
MACD (12,26,9)

Histogram is negative

-0.092Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

5.5 / 15.7Bearish
Williams %R (14)

Oversold zone

-94.5Bullish
CCI (20)

Weak expansion

-120.3Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

27.0Bearish
OBV slope

20-period OBV slope

-55.20%Bearish
Volume ratio

Relative to 20-period average volume

0.75xBearish

Trend

Dow Theory Structure

Confirmation $22.88, invalidation $24.3

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

Trend strength is active

31.7 / 15.3 / 32.8Bearish
Supertrend (10,3)

Price is above Supertrend

$21.12Bullish
Ichimoku Cloud

Cloud Span A / Span B

$24.07 / $25Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Momentum

RSI (14)

Momentum is weak

39.3Bearish
MACD (12,26,9)

Histogram is negative

-0.092Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

5.5 / 15.7Bearish
Williams %R (14)

Oversold zone

-94.5Bullish
CCI (20)

Weak expansion

-120.3Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Medium volatility

$0.6411 (2.78%)Range
Bollinger Bands (20,2)

Width 11.48%

12%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$25.32 / $22.73Range
ATR channel lower / upper

Current Volatility Envelope

$22.39 / $23.67Range

Volume / Money Flow

MFI (14)

Money flow is weak

27.0Bearish
OBV slope

20-period OBV slope

-55.20%Bearish
Volume ratio

Relative to 20-period average volume

0.75xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$29.55Range
Support

Nearest Downside Decision Level

$22.87Range

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