← 2026-W16 report

HP — 2026-W16

Frame: 40w/4w Generated: 2026-04-18 23:55 View on TradingView ↗
HP price trend chart 2026-W16
R² (linearity)
0.9403
Frame gain (40w)
+118.7%
Annualised gain
176.6%
Last price
$34.94
Exit A (date)
2026-05-16
Exit B target
+9.0% / $38.08
Stop C level
-9.0% / $31.80
Hold period
4 weeks

Analysis

HP showed a highly consistent uptrend over the past 40 weeks (analysis frame: 40w/4w), scoring an R² of 0.9403. R² measures how closely the price followed a straight logarithmic trend line — a score of 1.0 represents a perfectly linear rally with no deviation. The stock gained 118.7% over the lookback period, equivalent to an annualised return of 176.6%. As of week 2026-W16, HP last traded at $34.94. Momentum modelling projects a strong continuation: the statistical exit target (Exit B, k=0.75σ) is +9.0% ($38.08) by May 16, 2026, with a stop-loss level at -9.0% ($31.80). This analysis was generated by StraightR, a momentum screening tool that ranks US equities by the linearity of their logarithmic price trend across multiple lookback frames (26w, 40w, 52w, 78w).