US stock / ETF

Home Depot, Inc.

HD · NYSE · USD

1 dayBearish81%
Daily Downside probability 81%Bearish

HD 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $298.71 and stabilize above resistance $350.4.

Invalidation Trigger

Break above $350.4 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 24.5, MACD -0.724

Daily
Volatility EnvironmentRange
Low volatility

ATR is $6.04 (2.14%)

Daily

EMA Structure

Bearish
EMA 8$287.55Bearish
EMA 21$298.71Bearish
EMA 50$313.39Bearish

Signals

CategoryReadStrength
Momentum
RSI 24.5 · MACD -0.724

Momentum is weak

Strength
Bearish
Volatility
ATR $6.04 · BB 14.09%

Low volatility

Strength
Range
Volume
MFI 18.7 · OBV -54.81%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$277.15 - $350.4

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+26.02% · 12.2 ATR above latest close

$356.44
Nearest resistance

+23.88% · 11.2 ATR above · 34-bar high

$350.4
Current price

Price shown is delayed

$282.85
Nearest support

-2.02% · 0.9 ATR below · 34-bar low

$277.15
Deeper support zone

-4.15% · 1.9 ATR below latest close

$271.11
ATR zone

Latest close ± ATR14

$276.81 - $288.89

Indicators

Trend

Dow Theory Structure

Confirmation $277.15, invalidation $306.31

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

59.0 / 12.0 / 34.8Bearish
Supertrend (10,3)

Price is above Supertrend

$264.96Bullish
Ichimoku Cloud

Cloud Span A / Span B

$297.51 / $317.76Bearish
Donchian Channel (20)

20-period breakout channel position

13%Bearish

Volatility

ATR (14)

Low volatility

$6.04 (2.14%)Range
Bollinger Bands (20,2)

Width 14.09%

13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$310.83 / $285.05Range
ATR channel lower / upper

Current Volatility Envelope

$276.81 / $288.89Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$350.4Range
Support

Nearest Downside Decision Level

$277.15Range

Momentum

RSI (14)

Momentum is weak

24.5Bearish
MACD (12,26,9)

Histogram is negative

-0.724Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

17.1 / 16.9Bullish
Williams %R (14)

Oversold zone

-82.9Bullish
CCI (20)

Weak expansion

-113.1Bearish
TD Sequential

Exhaustion setup is near completion

buy 9Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

18.7Bearish
OBV slope

20-period OBV slope

-54.81%Bearish
Volume ratio

Relative to 20-period average volume

1.15xBullish

Trend

Dow Theory Structure

Confirmation $277.15, invalidation $306.31

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

59.0 / 12.0 / 34.8Bearish
Supertrend (10,3)

Price is above Supertrend

$264.96Bullish
Ichimoku Cloud

Cloud Span A / Span B

$297.51 / $317.76Bearish
Donchian Channel (20)

20-period breakout channel position

13%Bearish

Momentum

RSI (14)

Momentum is weak

24.5Bearish
MACD (12,26,9)

Histogram is negative

-0.724Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

17.1 / 16.9Bullish
Williams %R (14)

Oversold zone

-82.9Bullish
CCI (20)

Weak expansion

-113.1Bearish
TD Sequential

Exhaustion setup is near completion

buy 9Bullish

Volatility

ATR (14)

Low volatility

$6.04 (2.14%)Range
Bollinger Bands (20,2)

Width 14.09%

13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$310.83 / $285.05Range
ATR channel lower / upper

Current Volatility Envelope

$276.81 / $288.89Range

Volume / Money Flow

MFI (14)

Money flow is weak

18.7Bearish
OBV slope

20-period OBV slope

-54.81%Bearish
Volume ratio

Relative to 20-period average volume

1.15xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$350.4Range
Support

Nearest Downside Decision Level

$277.15Range

Related Forecasts