At $53.71, it's just above the previous higher reversal level, and if it breaks through, the next higher reversal level is at about $60, set way back in 1999.
| trend | adx | psar | pps | macd | macd trend | sto | sto trend | |
|---|---|---|---|---|---|---|---|---|
| HPQ $53.71 |
The stock has been rising since Feb. 5, today's signal comes after a two-day bear whipsaw, and so it is with the trend.
What's not to like?
Well, the earnings release is one thing. The company announces earnings on May 18, before the May options expire. And that makes things prone to news surprises and earnings surprises.
I don't like surprises, unless they rebound to my profit, of course. Also, technically, the MACD really isn't reflecting the Parabolic SAR bull signal very aggressively. That's a point of worry.
You are here:
- Reversal
- $60, +11.7%
- Now $53.71
- Reversal
- $52.62, -2%
- $52.13, -2.9%
- $49.93, -7%
- $46.46, -13.5%
psar - Parabolic Stop and Reverse
adx - Average Directional Index
pps - Person's Proprietary Signal
ma20 - 20-day moving average
macd - Moving Average Convergence-Divergence
mfi - Money Flow Index
sto - Fast Stochastic
About the glance: The colors indicate the state of each signal.
- trend: green for up, red for down, yellow for sideways
- adx: orange for above 30-up, blue for 20-down, purple for in the middle. Red is most prone to whipsaws
- psar, pps, macd: green for bull mode, red for bear
- sto: green for overbought, red for oversold, yellow for the neutral zone.
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