HP Inc.: sell signal making lower lows, orderly decline

HP Inc. is in its second week of a sell signal, and the week just closed down 4.2%: the decline is making lower lows, a pace that is holding with no sign of exhaustion. Signal strength sits at 51 out of 100, the setup quality indicator at 62 out of 100 in the ordinary range. The stock ranks 92nd among the 137 US sell signals, but our model flags a new short here as high risk on a highly volatile name.