US stock / ETF

Home Depot, Inc.

HD · NYSE · USD

1 dayBullish92%
Daily Upside probability 92%Bullish

HD 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $277.15 and reclaim $362.44.

Invalidation Trigger

Lose $277.15 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Daily
Momentum StateBullish
Momentum improving

RSI 65.9, MACD 1.144

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $9.05 (2.6%)

Daily

EMA Structure

Bullish
EMA 8$346.26Bullish
EMA 21$333.88Bullish
EMA 50$323.65Bullish

Signals

CategoryReadStrength
Momentum
RSI 65.9 · MACD 1.144

Momentum is strong

Strength
Bullish
Volatility
ATR $9.05 · BB 18.18%

Medium volatility

Strength
Range
Volume
MFI 69.7 · OBV -7.75%

Relative to 20-period average volume

Strength
Range
Price Levels
$277.15 - $362.44

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+6.67% · 2.6 ATR above latest close

$371.49
Nearest resistance

+4.07% · 1.6 ATR above · 34-bar high

$362.44
Current price

Price shown is delayed

$348.26
Nearest support

-20.42% · 7.9 ATR below · 34-bar low

$277.15
Deeper support zone

-23.02% · 8.9 ATR below latest close

$268.1
ATR zone

Latest close ± ATR14

$339.21 - $357.31

Indicators

Trend

Dow Theory Structure

Confirmation $362.44, invalidation $344.31

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

74.6 / 42.1 / 11.9Bullish
Supertrend (10,3)

Price is above Supertrend

$321.99Bullish
Ichimoku Cloud

Cloud Span A / Span B

$336.16 / $319.79Bullish
Donchian Channel (20)

20-period breakout channel position

75%Bullish

Volatility

ATR (14)

Medium volatility

$9.05 (2.6%)Range
Bollinger Bands (20,2)

Width 18.18%

75%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$354.7 / $314.65Range
ATR channel lower / upper

Current Volatility Envelope

$339.21 / $357.31Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$362.44Range
Support

Nearest Downside Decision Level

$277.15Range

Momentum

RSI (14)

Momentum is strong

65.9Bullish
MACD (12,26,9)

Histogram is positive

1.144Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

69.4 / 71.4Bearish
Williams %R (14)

Neutral zone

-30.6Range
CCI (20)

Balanced zone

86.3Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

69.7Bullish
OBV slope

20-period OBV slope

-7.75%Bearish
Volume ratio

Relative to 20-period average volume

1.07xRange

Trend

Dow Theory Structure

Confirmation $362.44, invalidation $344.31

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

74.6 / 42.1 / 11.9Bullish
Supertrend (10,3)

Price is above Supertrend

$321.99Bullish
Ichimoku Cloud

Cloud Span A / Span B

$336.16 / $319.79Bullish
Donchian Channel (20)

20-period breakout channel position

75%Bullish

Momentum

RSI (14)

Momentum is strong

65.9Bullish
MACD (12,26,9)

Histogram is positive

1.144Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

69.4 / 71.4Bearish
Williams %R (14)

Neutral zone

-30.6Range
CCI (20)

Balanced zone

86.3Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Medium volatility

$9.05 (2.6%)Range
Bollinger Bands (20,2)

Width 18.18%

75%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$354.7 / $314.65Range
ATR channel lower / upper

Current Volatility Envelope

$339.21 / $357.31Range

Volume / Money Flow

MFI (14)

Money flow is strong

69.7Bullish
OBV slope

20-period OBV slope

-7.75%Bearish
Volume ratio

Relative to 20-period average volume

1.07xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$362.44Range
Support

Nearest Downside Decision Level

$277.15Range

Related Forecasts