US stock / ETF

Home Depot, Inc.

HD · NYSE · USD

1 monthBearish87%
Monthly Downside probability 87%Bearish

HD 1M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Monthly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $349.54 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 41.3, MACD -7.526

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $38.58 (12.5%)

Monthly

EMA Structure

Range
EMA 8$333.81Bearish
EMA 21$349.54Bearish
EMA 50$342.05Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.3 · MACD -7.526

Momentum is weak

Strength
Bearish
Volatility
ATR $38.58 · BB 30.90%

High volatility

Strength
Bearish
Volume
MFI 46.7 · OBV -91.82%

Relative to 20-period average volume

Strength
Range
Price Levels
$289.1 - $439.37

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+54.81% · 4.4 ATR above latest close

$477.95
Nearest resistance

+42.31% · 3.4 ATR above · 34-bar high

$439.37
Current price

Price shown is delayed

$308.74
Nearest support

-6.36% · 0.5 ATR below · 34-bar low

$289.1
Deeper support zone

-18.86% · 1.5 ATR below latest close

$250.52
ATR zone

Latest close ± ATR14

$270.16 - $347.32

Indicators

Trend

Dow Theory Structure

Confirmation $289.1, invalidation $358.85

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

Trend strength is active

22.6 / 19.5 / 31.8Bearish
Supertrend (10,3)

Price is above Supertrend

$200.17Bullish
Ichimoku Cloud

Cloud Span A / Span B

$353.8 / $351.94Bearish
Donchian Channel (20)

20-period breakout channel position

14%Bearish

Volatility

ATR (14)

High volatility

$38.58 (12.5%)Bearish
Bollinger Bands (20,2)

Width 30.90%

5%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$426.03 / $272.17Bearish
ATR channel lower / upper

Current Volatility Envelope

$270.16 / $347.32Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$439.37Range
Support

Nearest Downside Decision Level

$289.1Range

Momentum

RSI (14)

Momentum is weak

41.3Bearish
MACD (12,26,9)

Histogram is negative

-7.526Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

14.3 / 24.4Bearish
Williams %R (14)

Oversold zone

-85.7Bullish
CCI (20)

Weak expansion

-139.8Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.7Range
OBV slope

20-period OBV slope

-91.82%Bearish
Volume ratio

Relative to 20-period average volume

0.34xBearish

Trend

Dow Theory Structure

Confirmation $289.1, invalidation $358.85

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

Trend strength is active

22.6 / 19.5 / 31.8Bearish
Supertrend (10,3)

Price is above Supertrend

$200.17Bullish
Ichimoku Cloud

Cloud Span A / Span B

$353.8 / $351.94Bearish
Donchian Channel (20)

20-period breakout channel position

14%Bearish

Momentum

RSI (14)

Momentum is weak

41.3Bearish
MACD (12,26,9)

Histogram is negative

-7.526Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

14.3 / 24.4Bearish
Williams %R (14)

Oversold zone

-85.7Bullish
CCI (20)

Weak expansion

-139.8Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

High volatility

$38.58 (12.5%)Bearish
Bollinger Bands (20,2)

Width 30.90%

5%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$426.03 / $272.17Bearish
ATR channel lower / upper

Current Volatility Envelope

$270.16 / $347.32Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.7Range
OBV slope

20-period OBV slope

-91.82%Bearish
Volume ratio

Relative to 20-period average volume

0.34xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$439.37Range
Support

Nearest Downside Decision Level

$289.1Range

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