• Return to Headlines

Hewlett Packa Crosses Below its 10-day MA (HPE)

By Shiri Gupta

Hewlett Packa (NYSE:HPE) crossed under its 10-day moving average of $16.16 on a volume of 689K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Hewlett Packa share prices have moved between a 52-week high of $16.97 and a 52-week low of $12.09 and are now trading 32% above that low price at $15.96 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 1.9%.

SmarTrend is monitoring the recent change of momentum in Hewlett Packa. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Hewlett Packa in search of a potential trend change.

Keywords: moving crosses hewlett packa

Ticker(s): HPE