US stock / ETF

Home Depot, Inc.

HD · NYSE · USD

1 weekBearish71%
Weekly Downside probability 71%Bearish

HD 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $334.14 and stabilize above resistance $397.63.

Invalidation Trigger

Break above $397.63 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 39.4, MACD -0.931

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $19.65 (6.36%)

Weekly

EMA Structure

Bearish
EMA 8$327.94Bearish
EMA 21$334.14Bearish
EMA 50$345.84Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.4 · MACD -0.931

Momentum is weak

Strength
Bearish
Volatility
ATR $19.65 · BB 18.79%

High volatility

Strength
Bearish
Volume
MFI 53.6 · OBV -9.33%

Relative to 20-period average volume

Strength
Range
Price Levels
$289.1 - $397.63

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+35.16% · 5.5 ATR above latest close

$417.28
Nearest resistance

+28.79% · 4.5 ATR above · 34-bar high

$397.63
Current price

Price shown is delayed

$308.74
Nearest support

-6.36% · 1.0 ATR below · 34-bar low

$289.1
Deeper support zone

-12.73% · 2.0 ATR below latest close

$269.45
ATR zone

Latest close ± ATR14

$289.09 - $328.39

Indicators

Trend

Dow Theory Structure

Confirmation $358.36, invalidation $323.05

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

Trend strength is moderate

12.4 / 19.7 / 22.6Bearish
Supertrend (10,3)

Price is above Supertrend

$254.48Bullish
Ichimoku Cloud

Cloud Span A / Span B

$327.65 / $357.93Bearish
Donchian Channel (20)

20-period breakout channel position

28%Bearish

Volatility

ATR (14)

High volatility

$19.65 (6.36%)Bearish
Bollinger Bands (20,2)

Width 18.79%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$372.66 / $294.77Bearish
ATR channel lower / upper

Current Volatility Envelope

$289.09 / $328.39Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$397.63Range
Support

Nearest Downside Decision Level

$289.1Range

Momentum

RSI (14)

Momentum is weak

39.4Bearish
MACD (12,26,9)

Histogram is negative

-0.931Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

8.1 / 26.6Bearish
Williams %R (14)

Oversold zone

-91.9Bullish
CCI (20)

Balanced zone

-94.9Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.6Range
OBV slope

20-period OBV slope

-9.33%Bearish
Volume ratio

Relative to 20-period average volume

0.71xBearish

Trend

Dow Theory Structure

Confirmation $358.36, invalidation $323.05

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

Trend strength is moderate

12.4 / 19.7 / 22.6Bearish
Supertrend (10,3)

Price is above Supertrend

$254.48Bullish
Ichimoku Cloud

Cloud Span A / Span B

$327.65 / $357.93Bearish
Donchian Channel (20)

20-period breakout channel position

28%Bearish

Momentum

RSI (14)

Momentum is weak

39.4Bearish
MACD (12,26,9)

Histogram is negative

-0.931Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

8.1 / 26.6Bearish
Williams %R (14)

Oversold zone

-91.9Bullish
CCI (20)

Balanced zone

-94.9Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

High volatility

$19.65 (6.36%)Bearish
Bollinger Bands (20,2)

Width 18.79%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$372.66 / $294.77Bearish
ATR channel lower / upper

Current Volatility Envelope

$289.09 / $328.39Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.6Range
OBV slope

20-period OBV slope

-9.33%Bearish
Volume ratio

Relative to 20-period average volume

0.71xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$397.63Range
Support

Nearest Downside Decision Level

$289.1Range

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