US stock / ETF

Home Depot, Inc.

HD · NYSE · USD

1 monthBearish92%
Monthly Downside probability 92%Bearish

HD 1M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Monthly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $344.68 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 44.8, MACD -7.844

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $40.17 (12.63%)

Monthly

EMA Structure

Range
EMA 8$326.14Bearish
EMA 21$344.68Bearish
EMA 50$340.2Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.8 · MACD -7.844

Momentum is weak

Strength
Bearish
Volatility
ATR $40.17 · BB 33.94%

High volatility

Strength
Bearish
Volume
MFI 44.0 · OBV -86.56%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$277.15 - $439.37

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+50.74% · 4.0 ATR above latest close

$479.54
Nearest resistance

+38.11% · 3.0 ATR above · 34-bar high

$439.37
Current price

Price shown is delayed

$318.13
Nearest support

-12.88% · 1.0 ATR below · 34-bar low

$277.15
Deeper support zone

-25.51% · 2.0 ATR below latest close

$236.98
ATR zone

Latest close ± ATR14

$277.96 - $358.3

Indicators

Trend

Dow Theory Structure

Confirmation $289.1, invalidation $358.85

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

Trend strength is active

23.9 / 12.8 / 35.4Bearish
Supertrend (10,3)

Price is above Supertrend

$173.13Bullish
Ichimoku Cloud

Cloud Span A / Span B

$347.83 / $352.49Bearish
Donchian Channel (20)

20-period breakout channel position

27%Bearish

Volatility

ATR (14)

High volatility

$40.17 (12.63%)Bearish
Bollinger Bands (20,2)

Width 33.94%

21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$430.33 / $257.79Bearish
ATR channel lower / upper

Current Volatility Envelope

$277.96 / $358.3Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$439.37Range
Support

Nearest Downside Decision Level

$277.15Range

Momentum

RSI (14)

Momentum is weak

44.8Bearish
MACD (12,26,9)

Histogram is negative

-7.844Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

27.4 / 18.5Bullish
Williams %R (14)

Neutral zone

-72.6Range
CCI (20)

Weak expansion

-133.4Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

44.0Bearish
OBV slope

20-period OBV slope

-86.56%Bearish
Volume ratio

Relative to 20-period average volume

0.89xBearish

Trend

Dow Theory Structure

Confirmation $289.1, invalidation $358.85

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

Trend strength is active

23.9 / 12.8 / 35.4Bearish
Supertrend (10,3)

Price is above Supertrend

$173.13Bullish
Ichimoku Cloud

Cloud Span A / Span B

$347.83 / $352.49Bearish
Donchian Channel (20)

20-period breakout channel position

27%Bearish

Momentum

RSI (14)

Momentum is weak

44.8Bearish
MACD (12,26,9)

Histogram is negative

-7.844Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

27.4 / 18.5Bullish
Williams %R (14)

Neutral zone

-72.6Range
CCI (20)

Weak expansion

-133.4Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

High volatility

$40.17 (12.63%)Bearish
Bollinger Bands (20,2)

Width 33.94%

21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$430.33 / $257.79Bearish
ATR channel lower / upper

Current Volatility Envelope

$277.96 / $358.3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

44.0Bearish
OBV slope

20-period OBV slope

-86.56%Bearish
Volume ratio

Relative to 20-period average volume

0.89xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$439.37Range
Support

Nearest Downside Decision Level

$277.15Range

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