US stock / ETF

Home Depot, Inc.

HD · NYSE · USD

1 weekRange51%
Weekly Range probability 98%Range

HD 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Break either side of $289.1 - $397.63 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Weekly
Momentum StateRange
Momentum mixed

RSI 48.0, MACD 2.601

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $20.24 (6.03%)

Weekly

EMA Structure

Bearish
EMA 8$338.89Bearish
EMA 21$339.05Bearish
EMA 50$349.17Bearish

Signals

CategoryReadStrength
Momentum
RSI 48.0 · MACD 2.601

Neutral zone

Strength
Range
Volatility
ATR $20.24 · BB 18.26%

High volatility

Strength
Bearish
Volume
MFI 65.1 · OBV -4.71%

Relative to 20-period average volume

Strength
Range
Price Levels
$289.1 - $397.63

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+24.51% · 4.1 ATR above latest close

$417.87
Nearest resistance

+18.48% · 3.1 ATR above · 34-bar high

$397.63
Current price

Price shown is delayed

$335.61
Nearest support

-13.86% · 2.3 ATR below · 34-bar low

$289.1
Deeper support zone

-19.89% · 3.3 ATR below latest close

$268.86
ATR zone

Latest close ± ATR14

$315.37 - $355.85

Indicators

Trend

Dow Theory Structure

Confirmation $358.85, invalidation $323.05

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

Trend strength is active

23.4 / 21.6 / 16.0Bullish
Supertrend (10,3)

Price is above Supertrend

$278.52Bullish
Ichimoku Cloud

Cloud Span A / Span B

$341 / $357.93Bearish
Donchian Channel (20)

20-period breakout channel position

67%Range

Volatility

ATR (14)

High volatility

$20.24 (6.03%)Bearish
Bollinger Bands (20,2)

Width 18.26%

55%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$380.13 / $297.43Bearish
ATR channel lower / upper

Current Volatility Envelope

$315.37 / $355.85Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$397.63Range
Support

Nearest Downside Decision Level

$289.1Range

Momentum

RSI (14)

Neutral zone

48.0Range
MACD (12,26,9)

Histogram is positive

2.601Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

66.7 / 77.8Bearish
Williams %R (14)

Neutral zone

-33.3Range
CCI (20)

Balanced zone

38.4Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

65.1Bullish
OBV slope

20-period OBV slope

-4.71%Bearish
Volume ratio

Relative to 20-period average volume

1.04xRange

Trend

Dow Theory Structure

Confirmation $358.85, invalidation $323.05

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

Trend strength is active

23.4 / 21.6 / 16.0Bullish
Supertrend (10,3)

Price is above Supertrend

$278.52Bullish
Ichimoku Cloud

Cloud Span A / Span B

$341 / $357.93Bearish
Donchian Channel (20)

20-period breakout channel position

67%Range

Momentum

RSI (14)

Neutral zone

48.0Range
MACD (12,26,9)

Histogram is positive

2.601Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

66.7 / 77.8Bearish
Williams %R (14)

Neutral zone

-33.3Range
CCI (20)

Balanced zone

38.4Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$20.24 (6.03%)Bearish
Bollinger Bands (20,2)

Width 18.26%

55%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$380.13 / $297.43Bearish
ATR channel lower / upper

Current Volatility Envelope

$315.37 / $355.85Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

65.1Bullish
OBV slope

20-period OBV slope

-4.71%Bearish
Volume ratio

Relative to 20-period average volume

1.04xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$397.63Range
Support

Nearest Downside Decision Level

$289.1Range

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