Hewlett-Packard climbs within descending price channel - Analysis - 05-10-2021

2021-10-05 12:13:43 GMT (Economies.com)
 

Hewlett-Packard's stock (HPQ) rose 0.04% in the last session while trading within a descending price channel that guided recent short-term trading, amid negative pressure from the 50-day SMA.

 

Therefore we expect the stock to return lower, targeting the pivotal support of 26.90, provided the resistance of 29.00 holds on.

 

Expected trend for today: Bearish 

 
 
 
  Symbol Last Change Chg.%
1.0743
0.0091
0.8500%
1.2623
0.0060
0.4788%
22.118
0.206
0.942%
113.820
3.681
3.342%
117.25
-0.03
0.03%
1854.375
-2.060
0.111%
 
 
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