US stock / ETF

Home Depot, Inc.

HD · NYSE · USD

12 hoursBearish92%
12h Downside probability 92%Bearish

HD 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

12h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $318.25 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

12h
Momentum StateBearish
Momentum soft

RSI 29.7, MACD -0.581

12h
Volatility EnvironmentBullish
Low volatility

ATR is $3.82 (1.24%)

12h

EMA Structure

Bearish
EMA 8$311.29Bearish
EMA 21$318.25Bearish
EMA 50$326.99Bearish

Signals

CategoryReadStrength
Momentum
RSI 29.7 · MACD -0.581

Momentum is weak

Strength
Bearish
Volatility
ATR $3.82 · BB 9.12%

Low volatility

Strength
Bullish
Volume
MFI 31.9 · OBV -41.88%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$304.31 - $350.4

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+14.66% · 11.9 ATR above latest close

$354.22
Nearest resistance

+13.43% · 10.9 ATR above · 34-bar high

$350.4
Current price

Price shown is delayed

$308.92
Nearest support

-1.49% · 1.2 ATR below · 34-bar low

$304.31
Deeper support zone

-2.73% · 2.2 ATR below latest close

$300.49
ATR zone

Latest close ± ATR14

$305.1 - $312.74

Indicators

Trend

Dow Theory Structure

Confirmation $304.31, invalidation $321.56

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

Trend strength is active

50.7 / 16.2 / 35.9Bearish
Supertrend (10,3)

Price is above Supertrend

$297.93Bullish
Ichimoku Cloud

Cloud Span A / Span B

$317.53 / $330.98Bearish
Donchian Channel (20)

20-period breakout channel position

17%Bearish

Volatility

ATR (14)

Low volatility

$3.82 (1.24%)Bullish
Bollinger Bands (20,2)

Width 9.12%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$325.45 / $310.12Bullish
ATR channel lower / upper

Current Volatility Envelope

$305.1 / $312.74Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$350.4Range
Support

Nearest Downside Decision Level

$304.31Range

Momentum

RSI (14)

Momentum is weak

29.7Bearish
MACD (12,26,9)

Histogram is negative

-0.581Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

24.7 / 16.1Bullish
Williams %R (14)

Neutral zone

-75.3Range
CCI (20)

Weak expansion

-110.9Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

31.9Bearish
OBV slope

20-period OBV slope

-41.88%Bearish
Volume ratio

Relative to 20-period average volume

1.83xBullish

Trend

Dow Theory Structure

Confirmation $304.31, invalidation $321.56

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

Trend strength is active

50.7 / 16.2 / 35.9Bearish
Supertrend (10,3)

Price is above Supertrend

$297.93Bullish
Ichimoku Cloud

Cloud Span A / Span B

$317.53 / $330.98Bearish
Donchian Channel (20)

20-period breakout channel position

17%Bearish

Momentum

RSI (14)

Momentum is weak

29.7Bearish
MACD (12,26,9)

Histogram is negative

-0.581Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

24.7 / 16.1Bullish
Williams %R (14)

Neutral zone

-75.3Range
CCI (20)

Weak expansion

-110.9Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Low volatility

$3.82 (1.24%)Bullish
Bollinger Bands (20,2)

Width 9.12%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$325.45 / $310.12Bullish
ATR channel lower / upper

Current Volatility Envelope

$305.1 / $312.74Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

31.9Bearish
OBV slope

20-period OBV slope

-41.88%Bearish
Volume ratio

Relative to 20-period average volume

1.83xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$350.4Range
Support

Nearest Downside Decision Level

$304.31Range

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