US stock / ETF

Home Depot, Inc.

HD · NYSE · USD

1 hourBullish92%
1h Upside probability 92%Bullish

HD 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $328.8 and reclaim $343.21.

Invalidation Trigger

Lose $328.8 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 60.1, MACD 0.561

1h
Volatility EnvironmentBullish
Low volatility

ATR is $2.39 (0.7%)

1h

EMA Structure

Bullish
EMA 8$337.57Bullish
EMA 21$335.97Bullish
EMA 50$335.7Bullish

Signals

CategoryReadStrength
Momentum
RSI 60.1 · MACD 0.561

Momentum is strong

Strength
Bullish
Volatility
ATR $2.39 · BB 3.77%

Low volatility

Strength
Bullish
Volume
MFI 83.6 · OBV -3.47%

Relative to 20-period average volume

Strength
Range
Price Levels
$328.8 - $343.21

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+1.64% · 2.3 ATR above latest close

$345.6
Nearest resistance

+0.94% · 1.3 ATR above · 34-bar high

$343.21
Current price

Price shown is delayed

$340.02
Nearest support

-3.3% · 4.7 ATR below · 34-bar low

$328.8
Deeper support zone

-4.01% · 5.7 ATR below latest close

$326.4
ATR zone

Latest close ± ATR14

$337.63 - $342.41

Indicators

Trend

Dow Theory Structure

Confirmation $343.21, invalidation $333.72

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

Trend strength is active

42.3 / 49.0 / 14.1Bullish
Supertrend (10,3)

Price is above Supertrend

$331.56Bullish
Ichimoku Cloud

Cloud Span A / Span B

$337.23 / $337.03Bullish
Donchian Channel (20)

20-period breakout channel position

75%Bullish

Volatility

ATR (14)

Low volatility

$2.39 (0.7%)Bullish
Bollinger Bands (20,2)

Width 3.77%

89%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$341.66 / $330.4Bullish
ATR channel lower / upper

Current Volatility Envelope

$337.63 / $342.41Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$343.21Range
Support

Nearest Downside Decision Level

$328.8Range

Momentum

RSI (14)

Momentum is strong

60.1Bullish
MACD (12,26,9)

Histogram is positive

0.561Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

73.5 / 63.9Bullish
Williams %R (14)

Neutral zone

-26.5Range
CCI (20)

Strong expansion

134.7Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

83.6Bullish
OBV slope

20-period OBV slope

-3.47%Bearish
Volume ratio

Relative to 20-period average volume

3.79xBullish

Trend

Dow Theory Structure

Confirmation $343.21, invalidation $333.72

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

Trend strength is active

42.3 / 49.0 / 14.1Bullish
Supertrend (10,3)

Price is above Supertrend

$331.56Bullish
Ichimoku Cloud

Cloud Span A / Span B

$337.23 / $337.03Bullish
Donchian Channel (20)

20-period breakout channel position

75%Bullish

Momentum

RSI (14)

Momentum is strong

60.1Bullish
MACD (12,26,9)

Histogram is positive

0.561Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

73.5 / 63.9Bullish
Williams %R (14)

Neutral zone

-26.5Range
CCI (20)

Strong expansion

134.7Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Low volatility

$2.39 (0.7%)Bullish
Bollinger Bands (20,2)

Width 3.77%

89%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$341.66 / $330.4Bullish
ATR channel lower / upper

Current Volatility Envelope

$337.63 / $342.41Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

83.6Bullish
OBV slope

20-period OBV slope

-3.47%Bearish
Volume ratio

Relative to 20-period average volume

3.79xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$343.21Range
Support

Nearest Downside Decision Level

$328.8Range

Related Forecasts