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 $319.43 and stabilize above resistance $375.11.

Invalidation Trigger

Break above $375.11 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 48.0, MACD -1.152

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $18.19 (5.72%)

Weekly

EMA Structure

Bearish
EMA 8$308.29Bullish
EMA 21$319.43Bearish
EMA 50$335.97Bearish

Signals

CategoryReadStrength
Momentum
RSI 48.0 · MACD -1.152

Neutral zone

Strength
Bearish
Volatility
ATR $18.19 · BB 25.83%

High volatility

Strength
Bearish
Volume
MFI 38.1 · OBV -11.18%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$277.15 - $375.11

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+23.63% · 4.1 ATR above latest close

$393.3
Nearest resistance

+17.91% · 3.1 ATR above · 34-bar high

$375.11
Current price

Price shown is delayed

$318.13
Nearest support

-12.88% · 2.3 ATR below · 34-bar low

$277.15
Deeper support zone

-18.6% · 3.3 ATR below latest close

$258.96
ATR zone

Latest close ± ATR14

$299.94 - $336.32

Indicators

Trend

Dow Theory Structure

Confirmation $277.15, invalidation $358.36

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

Trend strength is active

22.8 / 20.7 / 29.2Bearish
Supertrend (10,3)

Price is above Supertrend

$266.07Bullish
Ichimoku Cloud

Cloud Span A / Span B

$313.22 / $337.39Bearish
Donchian Channel (20)

20-period breakout channel position

50%Range

Volatility

ATR (14)

High volatility

$18.19 (5.72%)Bearish
Bollinger Bands (20,2)

Width 25.83%

42%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$352.63 / $284.74Bearish
ATR channel lower / upper

Current Volatility Envelope

$299.94 / $336.32Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$375.11Range
Support

Nearest Downside Decision Level

$277.15Range

Momentum

RSI (14)

Neutral zone

48.0Range
MACD (12,26,9)

Histogram is negative

-1.152Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

50.5 / 35.7Bullish
Williams %R (14)

Neutral zone

-49.5Range
CCI (20)

Balanced zone

-29.3Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

38.1Bearish
OBV slope

20-period OBV slope

-11.18%Bearish
Volume ratio

Relative to 20-period average volume

0.72xBearish

Trend

Dow Theory Structure

Confirmation $277.15, invalidation $358.36

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

Trend strength is active

22.8 / 20.7 / 29.2Bearish
Supertrend (10,3)

Price is above Supertrend

$266.07Bullish
Ichimoku Cloud

Cloud Span A / Span B

$313.22 / $337.39Bearish
Donchian Channel (20)

20-period breakout channel position

50%Range

Momentum

RSI (14)

Neutral zone

48.0Range
MACD (12,26,9)

Histogram is negative

-1.152Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

50.5 / 35.7Bullish
Williams %R (14)

Neutral zone

-49.5Range
CCI (20)

Balanced zone

-29.3Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

High volatility

$18.19 (5.72%)Bearish
Bollinger Bands (20,2)

Width 25.83%

42%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$352.63 / $284.74Bearish
ATR channel lower / upper

Current Volatility Envelope

$299.94 / $336.32Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

38.1Bearish
OBV slope

20-period OBV slope

-11.18%Bearish
Volume ratio

Relative to 20-period average volume

0.72xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$375.11Range
Support

Nearest Downside Decision Level

$277.15Range

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