US stock / ETF

Home Depot, Inc.

HD · NYSE · USD

1 weekBearish88%
Weekly Downside probability 88%Bearish

HD 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $334.39 and stabilize above resistance $397.56.

Invalidation Trigger

Break above $397.56 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 44.6, MACD 1.163

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $18.04 (5.56%)

Weekly

EMA Structure

Bearish
EMA 8$324.1Bullish
EMA 21$334.39Bearish
EMA 50$351.09Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.6 · MACD 1.163

Momentum is weak

Strength
Bearish
Volatility
ATR $18.04 · BB 29.44%

High volatility

Strength
Bearish
Volume
MFI 44.9 · OBV -50.40%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$289.22 - $397.56

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+28.09% · 5.1 ATR above latest close

$415.6
Nearest resistance

+22.52% · 4.1 ATR above · 34-bar high

$397.56
Current price

Price shown is delayed

$324.47
Nearest support

-10.86% · 2.0 ATR below · 34-bar low

$289.22
Deeper support zone

-16.42% · 3.0 ATR below latest close

$271.18
ATR zone

Latest close ± ATR14

$306.43 - $342.51

Indicators

Trend

Dow Theory Structure

Confirmation $353.55, invalidation $307.35

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

32.6 / 19.1 / 21.3Bearish
Supertrend (10,3)

Price is above Supertrend

$272.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$329.28 / $357.8Bearish
Donchian Channel (20)

20-period breakout channel position

33%Range

Volatility

ATR (14)

High volatility

$18.04 (5.56%)Bearish
Bollinger Bands (20,2)

Width 29.44%

39%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$369.01 / $298.06Bearish
ATR channel lower / upper

Current Volatility Envelope

$306.43 / $342.51Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$397.56Range
Support

Nearest Downside Decision Level

$289.22Range

Momentum

RSI (14)

Momentum is weak

44.6Bearish
MACD (12,26,9)

Histogram is positive

1.163Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

54.8 / 59.6Bearish
Williams %R (14)

Neutral zone

-45.2Range
CCI (20)

Balanced zone

-37.7Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

44.9Bearish
OBV slope

20-period OBV slope

-50.40%Bearish
Volume ratio

Relative to 20-period average volume

0.24xBearish

Trend

Dow Theory Structure

Confirmation $353.55, invalidation $307.35

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

32.6 / 19.1 / 21.3Bearish
Supertrend (10,3)

Price is above Supertrend

$272.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$329.28 / $357.8Bearish
Donchian Channel (20)

20-period breakout channel position

33%Range

Momentum

RSI (14)

Momentum is weak

44.6Bearish
MACD (12,26,9)

Histogram is positive

1.163Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

54.8 / 59.6Bearish
Williams %R (14)

Neutral zone

-45.2Range
CCI (20)

Balanced zone

-37.7Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$18.04 (5.56%)Bearish
Bollinger Bands (20,2)

Width 29.44%

39%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$369.01 / $298.06Bearish
ATR channel lower / upper

Current Volatility Envelope

$306.43 / $342.51Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

44.9Bearish
OBV slope

20-period OBV slope

-50.40%Bearish
Volume ratio

Relative to 20-period average volume

0.24xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$397.56Range
Support

Nearest Downside Decision Level

$289.22Range

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