US stock / ETF

HP Inc.

HPQ · NYSE · USD

4 hoursBearish60%
4h Downside probability 60%Bearish

HPQ 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $28.9 and stabilize above resistance $30.83.

Invalidation Trigger

Break above $30.83 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBullish
Momentum improving

RSI 48.4, MACD 0.078

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.4225 (1.46%)

4h

EMA Structure

Bearish
EMA 8$28.88Bullish
EMA 21$28.9Bearish
EMA 50$29.39Bearish

Signals

CategoryReadStrength
Momentum
RSI 48.4 · MACD 0.078

Neutral zone

Strength
Bullish
Volatility
ATR $0.4225 · BB 3.43%

Low volatility

Strength
Bullish
Volume
MFI 42.8 · OBV -9.18%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$27.59 - $30.83

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+8.2% · 5.6 ATR above latest close

$31.25
Nearest resistance

+6.73% · 4.6 ATR above · 34-bar high

$30.83
Current price

Price shown is delayed

$28.88
Nearest support

-4.47% · 3.1 ATR below · 34-bar low

$27.59
Deeper support zone

-5.93% · 4.1 ATR below latest close

$27.17
ATR zone

Latest close ± ATR14

$28.46 - $29.3

Indicators

Trend

Dow Theory Structure

Confirmation $29.53, invalidation $28.6

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

Trend strength is moderate

20.6 / 20.3 / 30.6Bearish
Supertrend (10,3)

Price is above Supertrend

$27.63Bullish
Ichimoku Cloud

Cloud Span A / Span B

$29.12 / $29.84Bearish
Donchian Channel (20)

20-period breakout channel position

64%Range

Volatility

ATR (14)

Low volatility

$0.4225 (1.46%)Bullish
Bollinger Bands (20,2)

Width 3.43%

66%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$29.77 / $28.01Bullish
ATR channel lower / upper

Current Volatility Envelope

$28.46 / $29.3Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$30.83Range
Support

Nearest Downside Decision Level

$27.59Range

Momentum

RSI (14)

Neutral zone

48.4Range
MACD (12,26,9)

Histogram is positive

0.078Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

64.5 / 64.3Bullish
Williams %R (14)

Neutral zone

-35.5Range
CCI (20)

Balanced zone

66.2Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

42.8Bearish
OBV slope

20-period OBV slope

-9.18%Bearish
Volume ratio

Relative to 20-period average volume

2.23xBullish

Trend

Dow Theory Structure

Confirmation $29.53, invalidation $28.6

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

Trend strength is moderate

20.6 / 20.3 / 30.6Bearish
Supertrend (10,3)

Price is above Supertrend

$27.63Bullish
Ichimoku Cloud

Cloud Span A / Span B

$29.12 / $29.84Bearish
Donchian Channel (20)

20-period breakout channel position

64%Range

Momentum

RSI (14)

Neutral zone

48.4Range
MACD (12,26,9)

Histogram is positive

0.078Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

64.5 / 64.3Bullish
Williams %R (14)

Neutral zone

-35.5Range
CCI (20)

Balanced zone

66.2Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$0.4225 (1.46%)Bullish
Bollinger Bands (20,2)

Width 3.43%

66%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$29.77 / $28.01Bullish
ATR channel lower / upper

Current Volatility Envelope

$28.46 / $29.3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

42.8Bearish
OBV slope

20-period OBV slope

-9.18%Bearish
Volume ratio

Relative to 20-period average volume

2.23xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$30.83Range
Support

Nearest Downside Decision Level

$27.59Range

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