Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Hewlett-Packard's stock rose 0.07% in the last session, touching the resistance of the 50-day SMA, while trading alongside the main downward medium-term trend line, with negative signals from the RSI.
Therefore we expect more losses for the stock, targeting the support of 14.20, provided the resistance of 15.91 holds on.
Expected trend for today: Bearish