Hp(HPQ)

Hp (HPQ) Chart Patterns, Support & Resistance & Technical Analysis

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

$25.10last close · Jul 22, 202652-week range $17.56$29.65 · 15.35% below the high

HPQ Rising Wedge Pattern

HPQ is currently forming a rising wedge on the daily timeframe. Detected Jul 22, 2026.

A rising wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $18.98 (−13.4%). Across 10,660 backtested rising wedges, the setup followed through 50.4% of the time, averaging +0.20R; HPQ's own rising wedges have hit 40.0%.

DirectionBearishTarget$18.98Projected move−13.4%Breakout level$21.43

New to this pattern? What a rising wedge is and how to trade it →

HPQ's Most Recent Rising Wedge Trade

HPQ's most recent completed rising wedge resolved as a loss: it broke down on May 13, 2026 near $21.17, then was stopped out at $25.24 on May 22, 2026 — a 19.2% move (-2.54R) over 7 sessions. Across 148 backtested rising wedges, this setup wins 49.3% of the time.

OutcomeLossResult-19.2%R-2.54REntry$21.17Exit$25.24

Learn about rising wedge

How Rising Wedges Have Performed

Win rate
50.4%
Avg return
+0.20R
Backtested trades
10,660
HPQ win rate
40.0%

Historical pattern statistics (1987-01-30 – 2026-07-13), not a prediction.

How these backtests work →

HPQ Pattern Trade History

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

PatternEntryExitOutcomeResult
Rising WedgeMay 13, 2026 @ $21.17May 22, 2026 @ $25.24Loss+13.4% · -2.54R
TriangleAug 11, 2025 @ $26.17Sep 10, 2025 @ $28.37Win+8.1% · +1.06R
Rising WedgeNov 22, 2024 @ $38.02Nov 27, 2024 @ $34.66Loss+4.8% · -1.99R
Rising WedgeOct 31, 2024 @ $36.36Nov 11, 2024 @ $37.67Loss+8.6% · -1.03R
Falling WedgeMar 1, 2024 @ $29.04Mar 18, 2024 @ $29.94Win+7.2% · +0.65R
Falling WedgeFeb 22, 2024 @ $28.96Mar 18, 2024 @ $29.94Win+7.1% · +0.89R
TriangleJul 7, 2023 @ $30.99Jul 20, 2023 @ $32.56Win+9.2% · +0.94R
TriangleJan 26, 2023 @ $28.98Jul 20, 2023 @ $32.56Win+13.1% · +1.61R
Falling WedgeDec 15, 2022 @ $27.44Feb 1, 2023 @ $29.87Loss+8.8% · -1.06R
TriangleDec 5, 2022 @ $29.41Dec 22, 2022 @ $26.24Win+12.1% · +2.38R
TriangleMay 19, 2022 @ $35.28Jun 1, 2022 @ $40.34Loss+18.7% · -1.14R
TriangleMay 9, 2022 @ $36.16May 17, 2022 @ $39.62Loss+18.4% · -1.03R

Rising Wedge Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

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HPQ Support and Resistance Levels

Price is bouncing off a floor near $22.97 and starting to climb. On the weekly chart, the next ceiling overhead sits near $36.35 — about 45% away.

  • Traders commonly watch $36.35 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $22.97 floor about a week ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

HPQ Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$24.98$25.54$24.98$25.10
Jul 21, 2026$24.28$24.89$24.28$24.81
Jul 20, 2026$24.68$24.84$24.02$24.22
Jul 17, 2026$23.99$25.14$23.96$24.84
Jul 16, 2026$23.86$24.18$23.38$24.14
Jul 15, 2026$24.78$24.78$23.26$23.75
Jul 14, 2026$24.81$25.57$24.26$24.63
Jul 13, 2026$24.52$24.78$24.09$24.77
Jul 10, 2026$24.39$24.85$24.13$24.22
Jul 9, 2026$23.84$24.42$23.64$24.13

HPQ Frequently Asked Questions

What chart pattern is HPQ forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a rising wedge on Hp (HPQ) on the daily chart, with a measured-move target of $18.98.
Is a rising wedge bullish or bearish?
The rising wedge detected on HPQ is a bearish pattern, projecting a measured-move target of $18.98. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a rising wedge pattern, and what is its win rate?
Across TradingPal's backtest of the rising wedge family (10,660 trades over 628 symbols), it resolved in the expected direction 50.4% of the time with an average of +0.20R. These are historical statistics, not a prediction.
What is the price target if HPQ's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $18.98 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was HPQ's closing price on Jul 22, 2026?
Hp (HPQ) last closed at $25.10 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.