US stock / ETF

Home Depot, Inc.

HD · NYSE · USD

1 dayRange48%
Daily Range probability 96%Range

HD 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Break either side of $307.07 - $358.85 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 50.4, MACD -1.524

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $7.97 (2.36%)

Daily

EMA Structure

Bullish
EMA 8$342.66Bearish
EMA 21$339.23Bearish
EMA 50$333.72Bullish

Signals

CategoryReadStrength
Momentum
RSI 50.4 · MACD -1.524

Neutral zone

Strength
Bearish
Volatility
ATR $7.97 · BB 11.23%

Medium volatility

Strength
Range
Volume
MFI 82.9 · OBV 161.53%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$307.07 - $358.85

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+8.64% · 3.7 ATR above latest close

$366.82
Nearest resistance

+6.28% · 2.7 ATR above · 34-bar high

$358.85
Current price

Price shown is delayed

$337.64
Nearest support

-9.05% · 3.8 ATR below · 34-bar low

$307.07
Deeper support zone

-11.41% · 4.8 ATR below latest close

$299.1
ATR zone

Latest close ± ATR14

$329.67 - $345.61

Indicators

Trend

Dow Theory Structure

Confirmation $358.85, invalidation $330.66

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

Trend strength is active

31.1 / 32.2 / 32.5Bearish
Supertrend (10,3)

Price is above Supertrend

$316.67Bullish
Ichimoku Cloud

Cloud Span A / Span B

$338.86 / $323.98Bearish
Donchian Channel (20)

20-period breakout channel position

43%Range

Volatility

ATR (14)

Medium volatility

$7.97 (2.36%)Range
Bollinger Bands (20,2)

Width 11.23%

40%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$354.6 / $324.62Range
ATR channel lower / upper

Current Volatility Envelope

$329.67 / $345.61Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$358.85Range
Support

Nearest Downside Decision Level

$307.07Range

Momentum

RSI (14)

Neutral zone

50.4Range
MACD (12,26,9)

Histogram is negative

-1.524Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

31.9 / 50.4Bearish
Williams %R (14)

Neutral zone

-68.1Range
CCI (20)

Balanced zone

-24.1Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

82.9Bullish
OBV slope

20-period OBV slope

161.53%Bullish
Volume ratio

Relative to 20-period average volume

0.34xBearish

Trend

Dow Theory Structure

Confirmation $358.85, invalidation $330.66

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

Trend strength is active

31.1 / 32.2 / 32.5Bearish
Supertrend (10,3)

Price is above Supertrend

$316.67Bullish
Ichimoku Cloud

Cloud Span A / Span B

$338.86 / $323.98Bearish
Donchian Channel (20)

20-period breakout channel position

43%Range

Momentum

RSI (14)

Neutral zone

50.4Range
MACD (12,26,9)

Histogram is negative

-1.524Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

31.9 / 50.4Bearish
Williams %R (14)

Neutral zone

-68.1Range
CCI (20)

Balanced zone

-24.1Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Medium volatility

$7.97 (2.36%)Range
Bollinger Bands (20,2)

Width 11.23%

40%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$354.6 / $324.62Range
ATR channel lower / upper

Current Volatility Envelope

$329.67 / $345.61Range

Volume / Money Flow

MFI (14)

Money flow is strong

82.9Bullish
OBV slope

20-period OBV slope

161.53%Bullish
Volume ratio

Relative to 20-period average volume

0.34xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$358.85Range
Support

Nearest Downside Decision Level

$307.07Range

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