EN
Takip Edin: @UscMarketsHPQ Stock Forecast & HP Chart Analysis
This article provides a detailed analysis of HPQ-HP Inc. stock including a forecast for HPQ shares. It features HP Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
HPQ Historical Data Review
HPQ Current Price Performance Analysis
The HP - HPQ stock traded on the American stock market, on 06-05-2024, closed at 35.63$ with a %0.79 increased compared to the previous day.
In the last month, the price of HPQ changed by %25.37 increased in value, from 28.42 dollars on 05-06-2024 to 35.63 dollars, increased.
Last year, the price of HPQ was 29.65 dollars on 06-06-2023, and changed by %20.17 increased in value, to 35.63 dollars increased within a year.
The price of HP stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.
HPQ with AI Stock Forecast & Price Target
On the HPQ chart HP price was recorded as 35.63 Dollars on 06/05/2024.
The artificial intelligence's forecast on HPQ stock is as follows.
The artificial intelligence's prediction error margin for HPQ stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for HP stock over the next 4 months is: 30.6 Dollars.
The commentary on HPQ stock Target Price: Highest: 32.993 Dollars is predicted.
The commentary on HPQ stock Target Price: Lowest: 28.054 Dollars is predicted.
Resistance Price where HP stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-15-2024 | 30.688 |
| 11-22-2024 | 32.847 |
| 12-12-2024 | 32.993 |
Support Price where HP stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 06-25-2024 | 30.041 |
| 08-19-2024 | 28.054 |
| 11-27-2024 | 32.809 |
| 03-12-2025 | 28.918 |
The commentary on HPQ stock: Fluctuations in the target price can be expected in the coming days.
The target price for HP stock by the end of 2024 is predicted to be 32.749 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on HPQ stock, and the 2024 target price predictions for HP are detailed above.
The technical analysis and charts for the commentary on HPQ stock are below.
HPQ Support & Resistance and Trend Analysis
HPQ stock you have reviewed the technical analysis support resistance charts regarding.
HPQ : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the HPQ review, the HP support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
HP Support and Resistance Prices:
| HPQ Support Level Price | HPQ Resistance Level Price |
|---|---|
| 27.43 | 30.16 |
| 27.66 | 30.56 |
| 27.86 | 30.95 |
| 28.26 | 31.05 |
| 28.38 | 31.09 |
| 28.40 | 31.17 |
| 29.05 | |
| 29.48 | |
| 29.78 |
HPQ Technical Analysis: SMA, RSI, MACD
Upon reviewing the HPQ chart, buy and sell signals have been generated in the HP technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for HPQ stock are as follows:- The technical analysis for HPQ indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for HPQ indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for HP issued a 'Buy' signal when the MACD was at -0.432, with the current MACD value being: 1.745
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for HP stock: Click here to read more predictions on DuPont de Nemours stock.
Click here for price target predictions and technical analysis charts of other American stocks