Why is HPQ Down Today?

HPQ
$31.48
▼ -2.13% ($-0.67)
Last updated: Sep 24, 2026 8:38 PM ET

About HP Inc.

HP (formerly Hewlett-Packard) is a behemoth in the PC and printing markets. It has focused on these markets since it exited IT infrastructure in 2015 with the split from Hewlett Packard Enterprise. HP focuses on the commercial market, but maintains sales of consumer devices and printers. The firm ha...

Sector: COMPUTER & OFFICE EQUIPMENT
Market Cap: $24.96B
Forward P/E: 6.8
52-Week Range: $17.56 - $36.23
Employees: 58,000

Overall Confidence: 50%

50% Confident

Based on news, social sentiment, options activity, and sector analysis

MOMENTUM 50% Confidence
🎯 HPQ showing strong bearish momentum
HPQ is down 2.1% today on 0.4x average volume. The move appears to be driven by general market sentiment and momentum traders.

✅ Move Confirmation

LOW VOLUME 0.4x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

📍 Sector Context

COMPUTER & OFFICE EQUIPMENT sector: -0.6%

HPQ is outperforming its sector by -1.6%. This suggests a stock-specific catalyst.

Market Comparison

HPQ is significantly underperforming the market (-2.0% vs SPY)
S&P 500
SPY
-0.08%
Nasdaq 100
QQQ
-0.01%
HPQ
This Stock
-2.13%
vs S&P 500: -2.05%
vs Nasdaq: -2.12%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, HPQ is expected to trade between:
$30.53 - $32.10

Key Level to Watch

$29.90 support
Watch for breakdown below $31.48

🔔 Get HPQ Alerts

We'll notify you when HPQ's trend changes or a new signal fires.

Last updated: Sep 24, 2026 8:38 PM (-148 minutes ago)
Data refreshes every 30 minutes during market hours

Options Market Insight

Neutral
Options Sentiment
1.15
Put/Call Ratio
83.6%
Implied Volatility
Call Volume: 9,080
Put Volume: 10,464
Total: 19,544
Unusual Activity: $32.5 PUT (2,521 vol) $33 PUT (2,513 vol)

Historical Context

HPQ has moved more than 3.0% down on 27 occasions in the past year.

37.0%
Continuation Rate
10/27 times continued down
+0.98%
Avg Next Day Change
After similar down moves
Last similar move: Sep 21, 2026 (-4.2%) → Next day: -2.8%

Frequently Asked Questions

Why is HPQ stock down today?

HPQ is down 2.1% today on 0.4x average volume. The move appears to be driven by general market sentiment and momentum traders.

Is HPQ stock a buy or sell right now?

Based on current analysis, HPQ shows 50% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the HPQ stock price target?

HPQ is currently trading at $31.48. Based on today's momentum, the expected short-term range is $30.53 - $32.10. See long-term price prediction →

Will HPQ stock continue falling?

Our analysis shows a 45% probability that HPQ's move continues in the next 1-3 days. Key level to watch: $29.90 (support).

Is HPQ stock oversold or overbought?

HPQ's RSI (Relative Strength Index) is currently at 49.1. This shows bearish momentum - the stock has negative momentum but isn't oversold yet.

What is the momentum for HPQ stock?

HPQ's 10-day momentum indicator is at -1.25. Negative momentum - the stock has mild downward pressure which may continue short-term.

Is HPQ outperforming or underperforming the market?

HPQ (-2.13%) is currently significantly underperforming the market (-2.0% vs SPY). Today, the S&P 500 (SPY) is down -0.08%, and Nasdaq (QQQ) is down -0.01%.

What does MACD indicate for HPQ?

HPQ's MACD (0.86) is currently below the signal line (1.22), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 25.9) is strong.

Is HPQ in an uptrend or downtrend?

Based on moving average analysis, HPQ is in a mixed/transitional trend. The price and moving averages are not clearly aligned, suggesting a potential trend change or consolidation phase. 20-day SMA: $32.4, 50-day SMA: $29.76.

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