Solid News

Hewlett-Packard Co. Market Update

1/23/2023 2:24 PM

The stocks of Hewlett-Packard Co., an American giant in the field of information technology, are moving in a correction trend at 27.90.

According to the analytical companies of International Data Corp. and Canalys, the world supply of personal computers in 2023 will increase, and the new cycle of modernization of corporate systems can accelerate positive dynamics: the indicator in 2022 fell by 16.5% to 292.3M units, and a decrease in the value in the fourth quarter amounted to 28.1 %, which should lead to its natural correction in the next period.

On February 23, the Corporation’s financial report will be published: income is expected at 14.19B dollars, less than 14.80B dollars in the previous quarter, and profit per share around 0.7458 dollars, below 0.8500 dollars earlier. On January 4, investors received the first indexed dividends, 0.2625 dollars per share, which amounted to 3.62% per annum. The new payment is scheduled for April 5, with an estimated yield of 3.89% per annum.

On the daily chart, the trading instrument moves around the resistance line of the global downward channel, preparing to break it.

Technical indicators retain a poor purchase signal: the fast EMA of the Alligator indicator is higher than the signaling line, and the AO histogram forms correctional bars in the sales zone.

Resistance levels: 29.10, 31.10. | Support levels: 26.70, 24.10.

Find Us
Registered Address : Bonovo Road – Fomboni Island of Mohéli – Comoros Union
Sofia, PO Box 1407,14 Flip Kutev Str. Floor 2, Industrial area Hladilnika, Bulgaria
Call Us
+35 924 928 392

Risk Warnings
Solid ECN Securities LLC offers trading on Foreign Exchange (‘Forex’ or ‘FX’) and Contracts for Difference (‘CFDs’), which are complex financial products that are traded on margin. They carry a high level of risk since leverage can work both to your advantage and disadvantage. As a result, these products may not be suitable for all investors, as loss of all invested capital may occur. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved and consider your investment objectives and level of experience. Seek independent advice, if necessary.
Solid ECN Securities LLC does not issue advice, recommendations or opinions in relation to acquiring, holding or disposing of a CFD. Solid ECN Securities LLC is not a financial advisor and all services are provided on an execution-only basis. This communication is not an offer or solicitation to enter into a transaction and shall not be construed as such.
This website is not directed at any jurisdiction and is not intended for any use that would be contrary to local law or regulation.
By using you agree to use our cookies to enhance your experience.
Solid ECN Securities LLC is authorized and regulated by the Comoros Union with reference number HY00623411.
Disclaimer 1: The information provided on this site is not intended for residents of any country or jurisdiction where its distribution or use would violate local laws or regulations.
Disclaimer 2: Solid ECN Securities LLC and it affiliates does not provide services to residents of the USA, Japan, Canada, Australia, the Democratic Republic of Korea, European Union, United Kingdom, Iran, Syria, Sudan and Cuba.
Copyright All Right Reserved 2024