US stock / ETF

Home Depot, Inc.

HD · NYSE · USD

1 monthBearish84%
Monthly Downside probability 84%Bearish

HD 1M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Monthly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $354.37 and stabilize above resistance $439.37.

Invalidation Trigger

Break above $439.37 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 46.1, MACD -6.294

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $38.62 (11.51%)

Monthly

EMA Structure

Range
EMA 8$342.81Bearish
EMA 21$354.37Bearish
EMA 50$343.73Bearish

Signals

CategoryReadStrength
Momentum
RSI 46.1 · MACD -6.294

Neutral zone

Strength
Bearish
Volatility
ATR $38.62 · BB 29.74%

High volatility

Strength
Bearish
Volume
MFI 55.4 · OBV -71.60%

Relative to 20-period average volume

Strength
Range
Price Levels
$282.02 - $439.37

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+42.43% · 3.7 ATR above latest close

$477.99
Nearest resistance

+30.92% · 2.7 ATR above · 34-bar high

$439.37
Current price

Price shown is delayed

$335.61
Nearest support

-15.97% · 1.4 ATR below · 34-bar low

$282.02
Deeper support zone

-27.48% · 2.4 ATR below latest close

$243.4
ATR zone

Latest close ± ATR14

$296.99 - $374.23

Indicators

Trend

Dow Theory Structure

Confirmation $289.1, invalidation $397.63

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

Trend strength is active

22.6 / 20.5 / 27.8Bearish
Supertrend (10,3)

Price is above Supertrend

$221.84Bullish
Ichimoku Cloud

Cloud Span A / Span B

$353.8 / $351.94Bearish
Donchian Channel (20)

20-period breakout channel position

34%Range

Volatility

ATR (14)

High volatility

$38.62 (11.51%)Bearish
Bollinger Bands (20,2)

Width 29.74%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$435.93 / $272.34Bearish
ATR channel lower / upper

Current Volatility Envelope

$296.99 / $374.23Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$439.37Range
Support

Nearest Downside Decision Level

$282.02Range

Momentum

RSI (14)

Neutral zone

46.1Range
MACD (12,26,9)

Histogram is negative

-6.294Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

33.8 / 37.0Bearish
Williams %R (14)

Neutral zone

-66.2Range
CCI (20)

Balanced zone

-70.3Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

55.4Bullish
OBV slope

20-period OBV slope

-71.60%Bearish
Volume ratio

Relative to 20-period average volume

0.59xBearish

Trend

Dow Theory Structure

Confirmation $289.1, invalidation $397.63

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

Trend strength is active

22.6 / 20.5 / 27.8Bearish
Supertrend (10,3)

Price is above Supertrend

$221.84Bullish
Ichimoku Cloud

Cloud Span A / Span B

$353.8 / $351.94Bearish
Donchian Channel (20)

20-period breakout channel position

34%Range

Momentum

RSI (14)

Neutral zone

46.1Range
MACD (12,26,9)

Histogram is negative

-6.294Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

33.8 / 37.0Bearish
Williams %R (14)

Neutral zone

-66.2Range
CCI (20)

Balanced zone

-70.3Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

High volatility

$38.62 (11.51%)Bearish
Bollinger Bands (20,2)

Width 29.74%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$435.93 / $272.34Bearish
ATR channel lower / upper

Current Volatility Envelope

$296.99 / $374.23Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

55.4Bullish
OBV slope

20-period OBV slope

-71.60%Bearish
Volume ratio

Relative to 20-period average volume

0.59xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$439.37Range
Support

Nearest Downside Decision Level

$282.02Range

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