RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of HPE
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Stronger technical forecast for Hewlett Packard Enterprise Company stock price after Thursday trading.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 01, 2024 Gain 13.95% PDF

The Hewlett Packard Enterprise Company stock price gained 0.340% on the last trading day (Thursday, 28th Mar 2024), rising from $17.67 to $17.73. During the last trading day the stock fluctuated 0.93% from a day low at $17.69 to a day high of $17.86. The price has risen in 7 of the last 10 days and is up by 1.14% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 353 thousand more shares were traded than the day before. In total, 9 million shares were bought and sold for approximately $162.32 million.

The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 8.28% during the next 3 months and, with a 90% probability hold a price between $16.64 and $20.74 at the end of this 3-month period.

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HPE Signals & Forecast

The Hewlett Packard Enterprise Company stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $17.43 and $16.49. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, March 15, 2024, and so far it has risen 5.98%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Hewlett Packard Enterprise Company stock

Hewlett Packard Enterprise Company finds support from accumulated volume at $17.15 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.165 between high and low, or 0.93%. For the last week, the stock has had daily average volatility of 2.03%.

Our recommended stop-loss: $16.89 (-4.76%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 9 days ago.)

Trading Expectations (HPE) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Hewlett Packard Enterprise Company to open at $17.76, and during the day (based on 14 day Average True Range), to move between $17.19 and $18.27, which gives a possible trading interval of +/-$0.538 (+/-3.04%) up or down from last closing price. If Hewlett Packard Enterprise Company takes out the full calculated possible swing range there will be an estimated 6.07% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $18.05 (1.80%) than the support at $17.15 (3.27%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Hewlett Packard Enterprise Company stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Hewlett Packard Enterprise Company stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 1.876 Buy Candidate Upgraded

Predicted Opening Price for Hewlett Packard Enterprise Company of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$17.76 ( 0.160%) $17.73

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for HPE

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 17.92 1.09 %
R2 17.86 0.735 %
R1 17.82 0.515 %
Current price: 17.73
Support S1 17.70 -0.196 %
S2 17.66 -0.415 %
S3 17.59 -0.771 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 18.77 5.87 %
R2 18.10 2.09 %
R1 18.05 1.80 %
Current price 17.73
Support S1 17.15 -3.27%
S2 15.56 -12.24%
S3 15.23 -14.10%

HPE Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 29, 2024 Mar 15, 2024 Apr 12, 2024 $0.130 0.733%
2 Feb 29, 2024 Mar 14, 2024 Apr 12, 2024 $0.130 0.733%
3 Nov 28, 2023 Dec 12, 2023 Jan 11, 2024 $0.130 0.794%
4 Aug 29, 2023 Sep 13, 2023 Oct 13, 2023 $0.120 0.728%
5 May 30, 2023 Jun 14, 2023 Jul 14, 2023 $0.120 0.711%

FAQ

What is the symbol for Hewlett Packard Enterprise Company Stock and on which exchange is it traded?
The symbol for Hewlett Packard Enterprise Company is HPE and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Hewlett Packard Enterprise Company Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Hewlett Packard Enterprise Company stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy Hewlett Packard Enterprise Company Stock?
Hewlett Packard Enterprise Company Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Hewlett Packard Enterprise Company Stock.

What's the current price of Hewlett Packard Enterprise Company Stock?
As of the end of day on the 2024-03-28, the price of an Hewlett Packard Enterprise Company (HPE) share was $17.73.

What is the 52-week high and low for Hewlett Packard Enterprise Company Stock?
The 52-week high for Hewlett Packard Enterprise Company Stock is $20.07 and the 52-week low is $13.66.

What is the market capitalization of Hewlett Packard Enterprise Company Stock?
As of the 2024-03-28, the market capitalization of Hewlett Packard Enterprise Company is 23.049B.

When is the next earnings date for Hewlett Packard Enterprise Company?
The upcoming earnings date for Hewlett Packard Enterprise Company is Jun 04, 2024.
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About Hewlett Packard Enterprise Company

Hewlett Packard Enterprise Company Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. The company offers general purpose servers for multi-workload computing and workload-optimized servers; HPE ProLiant rack and tower servers; HPE BladeSystem and HPE Synergy; and solutions for secondary workloads and traditional tape, storage netw... HPE Profile

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