Hewlett-Packard stages tactical decline - Analysis - 03-05-2021
2021-05-03 09:12:06 GMT
(Economies.com)
Hewlett-Packard's stock (HPQ) fell in the intraday levels with negative signals from the RSI while gathering momentum to maintain the main upward trend in the medium and short terms, while venting off overbought saturation in the RSI, coupled with positive support from the 50-day SMA.
Therefore we expect the stock to return higher, targeting the resistance of 35.00.
Expected trend for today: Bullish
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.2084
|
-0.0089
|
0.7274%
|
|
|
|
|
1.4028
|
-0.0108
|
0.7672%
|
|
|
|
Tadawul
|
10322.68
|
86.96
|
0.85%
|
|
|
|
|
26.904
|
-0.900
|
3.237%
|
|
|
|
|
64.054
|
-1.338
|
2.046%
|
|
|
|
|
67.58
|
-1.75
|
2.52%
|
|
|
|
|
1818.695
|
-25.530
|
1.384%
|
|
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