Using Trading Central's Market Buzz and looking into Top Buzzing ranking to find premarket moves, we have identified HP as an interesting choice.
TC Market Buzz has identified Buzzing news volume over the last 24 hours, with 179 mentions.
Into Most Discussed Topics widget, we find “Earnings Announcement” and “Earnings Decrease” as the provider of computers, printers and printer supplies, dropped after cutting its full year adjusted EPS forecast. Moreover, its quarterly sales were below estimates.
On the sentiment side, the orientation of the news headlines is signaling a bearish sentiment score of 7 (very negative).
With an above average confidence index reading to back up the sentiment score.
While subjectivity widget is considered as “Low”.
Regarding technical analysis, from a daily point of view, the stock is dropping. Trading Central Technical Views sees a resistance at $31.70 with downside targets at $27.10 and $24.00.
Powered by TC Labs, TC Market Buzz helps investors read less and know more, solving today’s infobesity problem. With an interactive and modern design, Buzz shows investors which stocks and topics are “buzzing”, delivering a smarter news experience.
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