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RSI low/high Values: [ 25 - 75 ]
* uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of HPQ
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Red day on Wednesday for HP Inc stock after losing 0.360%
(Updated on Apr 17, 2024)

Sell candidate since Apr 12, 2024 Loss -2.94% PDF

The HP Inc stock price fell by -0.360% on the last day (Wednesday, 17th Apr 2024) from $27.79 to $27.69. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 2.10% from a day low at $27.63 to a day high of $28.21. The price has fallen in 7 of the last 10 days and is down by -6.64% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -808 thousand shares and in total, 5 million shares were bought and sold for approximately $150.88 million.

Given the current short-term trend, the stock is expected to rise 2.05% during the next 3 months and, with a 90% probability hold a price between $28.26 and $31.76 at the end of this 3-month period.

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HPQ Signals & Forecast

There are few to no technical positive signals at the moment. The HP Inc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $28.59 and $29.63. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, March 11, 2024, and so far it has fallen -10.27%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for HP Inc stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.580 (2.10%) between high and low. For the last week, the stock has had daily average volatility of 2.47%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (HPQ) For The Upcoming Trading Day Of Thursday 18th

For the upcoming trading day on Thursday, 18th we expect HP Inc to open at $27.84, and during the day (based on 14 day Average True Range), to move between $27.06 and $28.32, which gives a possible trading interval of +/-$0.631 (+/-2.28%) up or down from last closing price. If HP Inc takes out the full calculated possible swing range there will be an estimated 4.56% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $28.33, some $0.640 (2.31%) from the current price of $27.69, our system finds the risk reward not very attractive.

Is HP Inc stock A Buy?

The HP Inc stock holds several negative signals and despite the positive trend, we believe HP Inc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -2.442 Sell Candidate Unchanged

Predicted Opening Price for HP Inc of Thursday, April 18, 2024

Fair opening price April 18, 2024 Current price
$27.84 ( 0.542%) $27.69

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

Trading levels for HPQ

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 28.42 2.64 %
R2 28.20 1.84 %
R1 28.06 1.34 %
Current price: 27.69
Support S1 27.62 -0.258 %
S2 27.48 -0.753 %
S3 27.26 -1.55 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 30.50 10.15 %
R2 29.41 6.21 %
R1 28.33 2.31 %
Current price 27.69
Support S1 0 .
S2 0 .
S3 0 .

HPQ Dividend Payout History

# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 30, 2024 Mar 13, 2024 Apr 03, 2024 $0.276 0.93%
2 Jan 30, 2024 Mar 12, 2024 Apr 03, 2024 $0.276 0.93%
3 Nov 07, 2023 Dec 12, 2023 Jan 03, 2024 $0.276 0.92%
4 Jun 21, 2023 Sep 12, 2023 Oct 04, 2023 $0.263 1.01%
5 May 15, 2023 Jun 13, 2023 Jul 05, 2023 $0.263 0.86%


What is the symbol for HP Inc Stock and on which exchange is it traded?
The symbol for HP Inc is HPQ and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell HP Inc Stock?
The HP Inc stock holds several negative signals and despite the positive trend, we believe HP Inc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

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

What's the current price of HP Inc Stock?
As of the end of day on the 2024-04-17, the price of an HP Inc (HPQ) share was $27.69.

What is the 52-week high and low for HP Inc Stock?
The 52-week high for HP Inc Stock is $33.90 and the 52-week low is $25.22.

What is the market capitalization of HP Inc Stock?
As of the 2024-04-17, the market capitalization of HP Inc is 27.094B.

When is the next earnings date for HP Inc?
The upcoming earnings date for HP Inc is Jun 04, 2024.
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About HP Inc

HP HP Inc. provides personal computing and other access devices, imaging and printing products, and related technologies, solutions, and services in the United States and internationally. The company operates through three segments: Personal Systems, Printing, and Corporate Investments. The Personal Systems segment offers commercial and consumer desktop and notebook personal computers, workstations, thin clients, commercial mobility devices, retail ... HPQ Profile

Top Fintech Company featured in The Global Fintech Index 2020 as the top Fintech company of the country.

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