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HPQ

HP Inc.Technology
$19.39-13.60%
Descending TriangleBearish FlagRectangle
0CP IndexWeak
How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics:

  • Trend Alignment (SMA)
  • Volume Confirmation
  • Pattern Clarity
  • Momentum (RSI)
3 Month Interval$19.39
DECJANFEB
Recommended

Descending Triangle Detected

HPQ is showing a classic Descending Triangle. Don't miss the move.

View on TradingViewView on TrendSpider

Quick Actions

Trade Plan: Bearish Flag

Risk/Reward
1:3.46
Entry
$18.26
Stop
$20.42
Target
$10.79

Chart Pattern

Descending Triangle

Bearish continuation pattern.

Bearish Flag

Bearish continuation if preceding move was down.

Rectangle

Sideways movement between parallel supports.

Market Analysis

A clear signal has emerged for HP Inc. (HPQ) on the daily chart. Price has moved to $19.39 (2.76%) amidst recent volatility. Our AI has detected a valid **Bearish Flag** pattern. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at **$18.26**, targeting **$10.79** with support near **$20.42** (R:R 3.46).

Community Sentiment

What is your outlook on HPQ?

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