| HP is a provider of personal computing and other access devices, imaging and printing-related products and services. Co. sells to individual consumers, small- and medium-sized businesses and enterprises. Co. has three reportable segments: Personal Systems, which provides commercial and consumer desktop and notebook personal computers, workstations, thin clients, commercial mobility devices, retail point-of-sale systems, displays and peripherals, software, support and services; Printing, which provides consumer and commercial printer hardware, supplies, services and solutions; and Corporate Investments, which includes HP Labs and certain business incubation and investment projects. |
When researching a stock like HP, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from HPQ Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for HPQ stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the HPQ 200 day moving average ("HPQ 200 DMA"), while one of the most popular "shorter look-backs" is the HPQ 50 day moving average ("HPQ 50 DMA"). A chart showing both of these popular moving averages is shown on this page for HP. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the HPQ 200 DMA and the HPQ 50 DMA, we get a moving average convergence divergence indicator ("HPQ MACD"). The HPQ MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart).