
Technical analysis of HP Inc. (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
HP Inc. is a technology company that operates globally in the production and commercialization of personal computers, printers, 3D printing solutions, and hybrid work technologies. The company provides products and services to small and medium-sized businesses, public sector, and enterprises through three main segments: Personal Systems, Printing, and Corporate Investments. Founded in 1939 and headquartered in Palo Alto, California, the company was formerly known as Hewlett-Packard Company until it changed its name to HP Inc. in 2015.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 16, 2026, computed on the last 12 months of prices.
21 sessions
31.50 $
−4.73%
50 sessions
31.14 $
−3.62%
200 sessions
23.61 $
+27.08%
s2
29.69
Support
s1
30.27
Support
pivot
30.78
Pivot
r1
31.36
Resistance
r2
31.87
Resistance
In the October 16, 2026 session HP Inc. closed lower at 30.01 $, −2.72% versus the previous session.
The price sits mixed against its moving averages: −4.73% against the 21-session average, −3.62% against the 50 and +27.08% against the 200.
The 14-period RSI reads 43.3, in neutral territory.
MACD stands at -0.246 against a signal line at 0.009: the histogram is negative (−0.256).
ADX reads 15.7, indicating weak directionality.
Levels computed on the latest session place supports at 30.27 and 29.69 $ and resistances at 31.36 and 31.87 $, around a pivot of 30.78.
The average daily range (ATR) is 1.318 $, or 4.39% of price.
Turnover was 12.5M shares, 98% of the 20-session average.
Over the last twelve months the price ranged between 19.21 and 36.23 $, and today stands −17.17% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is HP Inc. analysed technically?
Technical analysis of HP Inc. is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for HP Inc.?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to HP Inc.?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to HP Inc. it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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