Hewlett Packard Enterprise(HPE)

Hewlett Packard Enterprise (HPE) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for HPE · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$48.13last close · Jul 22, 202652-week range $19.64 – $64.25 · 25.09% below the high

HPE Bullish Pennant Pattern

HPE is currently forming a bullish pennant on the daily timeframe. Detected Jul 22, 2026.

A bullish pennant is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $29.36 (+18.5%). Across 3,749 backtested bullish pennants, the setup followed through 57.3% of the time, averaging +0.82R; HPE's own bullish pennants have hit 100.0%.

DirectionBullishTarget$29.36Projected move+18.5%Breakout level$25.23

New to this pattern? What a bullish pennant is and how to trade it →

HPE's Most Recent Bullish Pennant Trade

HPE's most recent completed bullish pennant resolved as a win: it broke higher on Apr 16, 2026 near $25.38, then reached its target at $45.49 on Jun 10, 2026 — a 79.2% move (+13.19R) over 38 sessions. Across 30 backtested bullish pennants, this setup wins 63.3% of the time.

OutcomeWinResult+79.2%R+13.19REntry$25.38Exit$45.49

Learn about bullish pennant

How Bullish Pennants Have Performed

Win rate

57.3%

Avg return

+0.82R

Backtested trades

3,749

HPE win rate

100.0%

Historical pattern statistics (1987-02-04 – 2026-06-30), not a prediction.

How these backtests work →

HPE Pattern Trade History

Every completed pattern trade our nightly backtest found on HPE's daily chart, newest first — wins and losses alike.

Pattern	Entry	Exit	Outcome	Result
Bullish Pennant	Apr 16, 2026 @ $25.38	Jun 10, 2026 @ $45.49	Win	+18.5% · +13.19R
Bullish Pennant	Mar 11, 2026 @ $21.43	Jun 10, 2026 @ $45.49	Win	+22.9% · +15.13R
Triangle	Nov 11, 2025 @ $23.46	Nov 20, 2025 @ $20.26	Win	+14.9% · +3.35R
Rising Wedge	Aug 22, 2025 @ $21.99	Sep 23, 2025 @ $24.70	Win	+12.2% · +1.74R
Falling Wedge	Aug 12, 2025 @ $20.98	Sep 23, 2025 @ $24.70	Win	+7.1% · +2.75R
Falling Wedge	Feb 27, 2025 @ $20.16	Mar 7, 2025 @ $16.69	Win	+17.1% · +1.91R
Triangle	Jan 15, 2025 @ $23.16	Feb 3, 2025 @ $20.46	Loss	+14.1% · -1.35R
Falling Wedge	Jul 24, 2024 @ $20.34	Aug 2, 2024 @ $18.71	Win	+8.5% · +1.38R
Bullish Pennant	May 6, 2024 @ $17.13	Jun 21, 2024 @ $20.92	Win	+23.4% · +4.33R
Triangle	Oct 5, 2023 @ $16.88	Oct 20, 2023 @ $15.35	Win	+9.9% · +1.75R
Triangle	Aug 4, 2023 @ $17.59	Aug 22, 2023 @ $16.79	Loss	+7.4% · -1.20R
Triangle	Feb 22, 2023 @ $15.97	Mar 10, 2023 @ $14.50	Win	+10.0% · +1.94R

Recent Bullish Pennants on Other Charts

FTNThit target +7.3%Jul 16, 2026 INTCstopped −21.2%Jul 16, 2026 PMstopped −4.3%Jul 14, 2026 DALhit target +17.5%Jul 7, 2026

Learn about bullish pennant

HPE Support and Resistance Levels

Price was turned away at a ceiling near $69.69 about 7 weeks ago and has been sliding since. On the weekly chart, the next floor below sits near $19.84 — still about 59% away.

Traders commonly watch $19.84 as a target (its 100% retracement) — think of it as a sensible next stop, not a guarantee.
That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
There's nothing to act on here — the spot to watch was the $69.69 ceiling about 7 weeks ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

HPE Recent Daily Prices

Date	Open	High	Low	Close
Jul 22, 2026	$47.21	$49.68	$47.00	$48.13
Jul 21, 2026	$45.63	$46.99	$45.59	$46.72
Jul 20, 2026	$46.12	$46.23	$44.47	$44.56
Jul 17, 2026	$44.40	$46.83	$43.70	$45.82
Jul 16, 2026	$47.25	$47.67	$44.74	$45.13
Jul 15, 2026	$50.31	$50.31	$45.47	$47.39
Jul 14, 2026	$48.86	$50.05	$48.60	$49.56
Jul 13, 2026	$48.19	$48.46	$46.46	$47.24
Jul 10, 2026	$49.03	$51.08	$48.35	$48.54
Jul 9, 2026	$45.88	$49.32	$45.64	$49.11

HPE Frequently Asked Questions

What chart pattern is HPE forming right now?

As of Jul 22, 2026, TradingPal's detector identifies a bullish pennant on Hewlett Packard Enterprise (HPE) on the daily chart, with a measured-move target of $29.36.

Is a bullish pennant bullish or bearish?

The bullish pennant detected on HPE is a bullish pattern, projecting a measured-move target of $29.36. See its full backtested track record above — that's the real edge, not the textbook label.

How reliable is a bullish pennant pattern, and what is its win rate?

Across TradingPal's backtest of the bullish pennant family (3,749 trades over 628 symbols), it resolved in the expected direction 57.3% of the time with an average of +0.82R. These are historical statistics, not a prediction.

What is the price target if HPE's pattern breaks out?

The detected bullish pennant has a geometry-based measured-move target of $29.36 (pattern height projected from the breakout). This is a technical target, not a recommendation.

What was HPE's closing price on Jul 22, 2026?

Hewlett Packard Enterprise (HPE) last closed at $48.13 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.