(Finance) – Weak day for Hewlett Packard Enterprisewhich changes hands with a drop of 0.97% despite announcing a higher than expected quarterly.
In detail, theearning per share it came in at 63 cents versus 54 cents expected by analysts. Revenues stood at $7.81 billion above the consensus $7.43 billion.
The weekly analysis of the stock compared to theS&P-500 shows a decrease relative to the index in terms of relative strength of Hewlett Packard Enterprisewhich does worse than the reference market.
The technical status of Hewlett Packard Enterprise it shows signs of worsening with support area set at 15.1 USD, while on the upside, the resistance area is identified at 15.82. For the next session we could see a new bearish cue with a target estimated probably at 14.86.