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Technical Analysis
- 7/31/2009 1:11:43 PM
By Chip Brian, SmarTrend Analytics Team
Hewlett-Packard (NYSE:HPQ) is trading 1.1% higher (up $0.45 to $43.16) today on volume of 8,222,510 shares. The stock has traded within a 52-week range of $25.39 and $49.20.
Hewlett-Packard is currently above its 50-day moving average of $37.72 and above its 200-day moving average of $35.05.
SmarTrend is bullish on shares of HPQ and our subscribers received an Uptrend alert on June 29, 2009 at $38.42, which has returned 12.3% to date.
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