Hewlett Packard's most recent trend suggests a bullish bias. One trading opportunity on Hewlett Packard is a Bull Put Spread using a strike $30.00 short put and a strike $25.00 long put offers a potential 5.04% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $30.00 by expiration. The full premium credit of $0.24 would be kept by the premium seller. The risk of $4.76 would be incurred if the stock dropped below the $25.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Hewlett Packard is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Hewlett Packard is bullish.
The RSI indicator is at 63.32 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Hewlett Packard
At Multi-Year Highs, Is the Hewlett-Packard Company a Buy?
Tue, 25 Mar 2014 00:31:56 GMT
Motley Fool – Hewlett-Packard's much-touted turnaround doesn't seem to have changed the numbers much so far, but a number of catalysts could propell the stock higher.
H-P walks back CEO Whitman's 3-D printer comments
Mon, 24 Mar 2014 23:57:00 GMT
MarketWatch – H-P says it won't be making a 3-D printer announcement before the end of its fiscal year.
Hewlett-Packard Company's 3-D Printing Plans Are Meaningless for Shareholders
Mon, 24 Mar 2014 23:01:58 GMT
Motley Fool – When you’re as big as Hewlett-Packard, the laws of big numbers can make it difficult to drive growth.
HP Helps Partners Capitalize on the New Style of IT
Mon, 24 Mar 2014 22:00:00 GMT
Marketwired – HP today announced new solutions, sales tools, services and updates to the HP PartnerOne program that enable partners to accelerate growth while transitioning to the New Style of IT.
HP Seeks Cloud, Big Data Acquisitions To Spur Growth
Mon, 24 Mar 2014 21:44:00 GMT
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