US stock / ETF

Home Depot, Inc.

HD · NYSE · USD

1 hourBearish60%
1h Downside probability 60%Bearish

HD 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $338.65 and stabilize above resistance $345.11.

Invalidation Trigger

Break above $345.11 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 45.5, MACD 0.044

1h
Volatility EnvironmentBullish
Low volatility

ATR is $1.84 (0.54%)

1h

EMA Structure

Bearish
EMA 8$338.11Bearish
EMA 21$338.65Bearish
EMA 50$339.83Bearish

Signals

CategoryReadStrength
Momentum
RSI 45.5 · MACD 0.044

Neutral zone

Strength
Bearish
Volatility
ATR $1.84 · BB 1.65%

Low volatility

Strength
Bullish
Volume
MFI 14.4 · OBV -0.73%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$335.3 - $345.11

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+2.76% · 5.1 ATR above latest close

$346.95
Nearest resistance

+2.21% · 4.1 ATR above · 34-bar high

$345.11
Current price

Price shown is delayed

$337.64
Nearest support

-0.69% · 1.3 ATR below · 34-bar low

$335.3
Deeper support zone

-1.24% · 2.3 ATR below latest close

$333.46
ATR zone

Latest close ± ATR14

$335.8 - $339.48

Indicators

Trend

Dow Theory Structure

Confirmation $343, invalidation $336.87

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

Trend strength is active

27.3 / 34.6 / 23.5Bullish
Supertrend (10,3)

Price is above Supertrend

$330.71Bullish
Ichimoku Cloud

Cloud Span A / Span B

$339.68 / $340.13Bearish
Donchian Channel (20)

20-period breakout channel position

26%Bearish

Volatility

ATR (14)

Low volatility

$1.84 (0.54%)Bullish
Bollinger Bands (20,2)

Width 1.65%

42%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$343.28 / $333.94Bullish
ATR channel lower / upper

Current Volatility Envelope

$335.8 / $339.48Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$345.11Range
Support

Nearest Downside Decision Level

$335.3Range

Momentum

RSI (14)

Neutral zone

45.5Range
MACD (12,26,9)

Histogram is positive

0.044Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

30.4 / 38.0Bearish
Williams %R (14)

Neutral zone

-69.6Range
CCI (20)

Balanced zone

-26.9Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

14.4Bearish
OBV slope

20-period OBV slope

-0.73%Bearish
Volume ratio

Relative to 20-period average volume

3.80xBullish

Trend

Dow Theory Structure

Confirmation $343, invalidation $336.87

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

Trend strength is active

27.3 / 34.6 / 23.5Bullish
Supertrend (10,3)

Price is above Supertrend

$330.71Bullish
Ichimoku Cloud

Cloud Span A / Span B

$339.68 / $340.13Bearish
Donchian Channel (20)

20-period breakout channel position

26%Bearish

Momentum

RSI (14)

Neutral zone

45.5Range
MACD (12,26,9)

Histogram is positive

0.044Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

30.4 / 38.0Bearish
Williams %R (14)

Neutral zone

-69.6Range
CCI (20)

Balanced zone

-26.9Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$1.84 (0.54%)Bullish
Bollinger Bands (20,2)

Width 1.65%

42%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$343.28 / $333.94Bullish
ATR channel lower / upper

Current Volatility Envelope

$335.8 / $339.48Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

14.4Bearish
OBV slope

20-period OBV slope

-0.73%Bearish
Volume ratio

Relative to 20-period average volume

3.80xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$345.11Range
Support

Nearest Downside Decision Level

$335.3Range

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