Hewlett Packard's most recent trend suggests a bearish bias. One trading opportunity on Hewlett Packard is a Bear Call Spread using a strike $37.50 short call and a strike $43.00 long call offers a potential 6.18% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $37.50 by expiration. The full premium credit of $0.32 would be kept by the premium seller. The risk of $5.18 would be incurred if the stock rose above the $43.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Hewlett Packard is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Hewlett Packard is bearish.
The RSI indicator is at 69.8 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Hewlett Packard
HP’s cash flow supports steady dividends and share repurchases
Mon, 08 Sep 2014 17:00:06 GMT
HP Unveils Its Most Powerful, Expandable Line of Desktop and Mobile Workstations
Mon, 08 Sep 2014 16:30:00 GMT
Marketwired – HP today introduced its most powerful Z Workstations, combining increased system expandability, higher-speed memory and multicore updates, as well as access to the latest technologies to help customers …
HP's Chromebook-like ‘Stream' laptop is real, but not as cheap as we thought
Mon, 08 Sep 2014 15:00:00 GMT
Engadget – Don't believe everything you read, kids. When we first saw leaks for the HP Stream, a $199 laptop primarily meant to be used online, like a Chromebook, we were pretty excited — here was something as affordable …
AccessData and HP Extend Incident Response Services in the Wake of Increased Attacks
Mon, 08 Sep 2014 12:15:00 GMT
PR Newswire – MENLO PARK, Calif., Sept. 8, 2014 /PRNewswire/ — AccessData, the leader in incident resolution solutions, today announced an extended collaboration with HP to address the major challenges global organizations …
Apple: Why you should buy the stock ahead of tomorrow's iPhone announcement
Mon, 08 Sep 2014 11:19:03 GMT
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