US stock / ETF

Home Depot, Inc.

HD · NYSE · USD

1 hourBearish71%
1h Downside probability 71%Bearish

HD 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $350.24 and stabilize above resistance $356.46.

Invalidation Trigger

Break above $356.46 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 40.7, MACD -0.472

1h
Volatility EnvironmentBullish
Low volatility

ATR is $1.82 (0.52%)

1h

EMA Structure

Range
EMA 8$349.54Bearish
EMA 21$350.24Bearish
EMA 50$349.98Bearish

Signals

CategoryReadStrength
Momentum
RSI 40.7 · MACD -0.472

Momentum is weak

Strength
Bearish
Volatility
ATR $1.82 · BB 2.30%

Low volatility

Strength
Bullish
Volume
MFI 25.1 · OBV -11.26%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$344.31 - $356.46

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+2.95% · 5.6 ATR above latest close

$358.28
Nearest resistance

+2.43% · 4.6 ATR above · 34-bar high

$356.46
Current price

Price shown is delayed

$348
Nearest support

-1.06% · 2.0 ATR below · 34-bar low

$344.31
Deeper support zone

-1.58% · 3.0 ATR below latest close

$342.49
ATR zone

Latest close ± ATR14

$346.18 - $349.82

Indicators

Trend

Dow Theory Structure

Confirmation $356.46, invalidation $350.11

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

Trend strength is moderate

19.0 / 19.4 / 45.3Bearish
Supertrend (10,3)

Price is above Supertrend

$342.82Bullish
Ichimoku Cloud

Cloud Span A / Span B

$351.28 / $350.6Bearish
Donchian Channel (20)

20-period breakout channel position

18%Bearish

Volatility

ATR (14)

Low volatility

$1.82 (0.52%)Bullish
Bollinger Bands (20,2)

Width 2.30%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$353.75 / $346.71Bullish
ATR channel lower / upper

Current Volatility Envelope

$346.18 / $349.82Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$356.46Range
Support

Nearest Downside Decision Level

$344.31Range

Momentum

RSI (14)

Momentum is weak

40.7Bearish
MACD (12,26,9)

Histogram is negative

-0.472Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

1.2 / 2.5Bearish
Williams %R (14)

Oversold zone

-98.8Bullish
CCI (20)

Weak expansion

-101.0Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

25.1Bearish
OBV slope

20-period OBV slope

-11.26%Bearish
Volume ratio

Relative to 20-period average volume

5.11xBullish

Trend

Dow Theory Structure

Confirmation $356.46, invalidation $350.11

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

Trend strength is moderate

19.0 / 19.4 / 45.3Bearish
Supertrend (10,3)

Price is above Supertrend

$342.82Bullish
Ichimoku Cloud

Cloud Span A / Span B

$351.28 / $350.6Bearish
Donchian Channel (20)

20-period breakout channel position

18%Bearish

Momentum

RSI (14)

Momentum is weak

40.7Bearish
MACD (12,26,9)

Histogram is negative

-0.472Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

1.2 / 2.5Bearish
Williams %R (14)

Oversold zone

-98.8Bullish
CCI (20)

Weak expansion

-101.0Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Low volatility

$1.82 (0.52%)Bullish
Bollinger Bands (20,2)

Width 2.30%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$353.75 / $346.71Bullish
ATR channel lower / upper

Current Volatility Envelope

$346.18 / $349.82Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

25.1Bearish
OBV slope

20-period OBV slope

-11.26%Bearish
Volume ratio

Relative to 20-period average volume

5.11xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$356.46Range
Support

Nearest Downside Decision Level

$344.31Range

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