Prices are above the rising 50-day simple moving average line and a dip to the line earlier this month was a buying opportunity in hindsight. We don't have much history for the 200-day average but it, too, is pointed up.
The On-Balance-Volume (OBV) line tells the best story of confirmation with a rising OBV line since February. There was a bearish divergence with momentum in June, July and August but prices only has a shallow dip in September so this indicator had limited success.
The trend of HPE is up and we'll go with that for now. Nearby support is $21 and we would anticipate resistance at $24, a double from the lows.