HPQ

HP Inc.Technology

$19.51+2.96%

Ascending Triangle Rounding Bottom Rectangle

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$19.51

FEBMARAPR

Ascending Triangle Detected

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

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Quick Actions

Trade Plan: Rounding Bottom

Risk/Reward

1:2

Entry

$20.14

Stop

$18.71

Target

$23.00

Chart Pattern

Ascending Triangle

Bullish continuation pattern.

Rounding Bottom

Gradual reversal from bearish to bullish.

Rectangle

Sideways movement between parallel supports.

Market Analysis

Market participants tracking HP Inc. should note the latest formation. With a last close of $19.51, volatility remains active (2.96%). Price action has carved out a classic Rounding Bottom. The trend indicator is reading 14.0/100, suggesting moderate momentum. A potential breakout level is identified at $20.14, targeting $23.0 with support near $18.71 (R:R 2.0).

Community Sentiment

What is your outlook on HPQ?

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HPQ