US stock / ETF

Home Depot, Inc.

HD · NYSE · USD

1 weekBearish55%
Weekly Downside probability 55%Bearish

HD 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $338.85 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 StateRange
Momentum mixed

RSI 48.5, MACD 4.130

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $19 (5.63%)

Weekly

EMA Structure

Bearish
EMA 8$337.53Bullish
EMA 21$338.85Bearish
EMA 50$351.35Bearish

Signals

CategoryReadStrength
Momentum
RSI 48.5 · MACD 4.130

Neutral zone

Strength
Range
Volatility
ATR $19 · BB 19.13%

High volatility

Strength
Bearish
Volume
MFI 58.1 · OBV 5.22%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$289.1 - $397.63

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+23.39% · 4.2 ATR above latest close

$416.63
Nearest resistance

+17.77% · 3.2 ATR above · 34-bar high

$397.63
Current price

Price shown is delayed

$337.64
Nearest support

-14.38% · 2.6 ATR below · 34-bar low

$289.1
Deeper support zone

-20% · 3.6 ATR below latest close

$270.1
ATR zone

Latest close ± ATR14

$318.64 - $356.64

Indicators

Trend

Dow Theory Structure

Confirmation $353.55, invalidation $307.07

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

Trend strength is active

32.3 / 21.4 / 23.4Bearish
Supertrend (10,3)

Price is above Supertrend

$282.73Bullish
Ichimoku Cloud

Cloud Span A / Span B

$333.67 / $357.93Bearish
Donchian Channel (20)

20-period breakout channel position

56%Range

Volatility

ATR (14)

High volatility

$19 (5.63%)Bearish
Bollinger Bands (20,2)

Width 19.13%

61%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$376.7 / $300.06Bearish
ATR channel lower / upper

Current Volatility Envelope

$318.64 / $356.64Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$397.63Range
Support

Nearest Downside Decision Level

$289.1Range

Momentum

RSI (14)

Neutral zone

48.5Range
MACD (12,26,9)

Histogram is positive

4.130Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

69.6 / 82.3Bearish
Williams %R (14)

Neutral zone

-30.4Range
CCI (20)

Balanced zone

43.5Range
TD Sequential

Setup is not extreme

sell 6Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

58.1Bullish
OBV slope

20-period OBV slope

5.22%Bullish
Volume ratio

Relative to 20-period average volume

0.08xBearish

Trend

Dow Theory Structure

Confirmation $353.55, invalidation $307.07

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

Trend strength is active

32.3 / 21.4 / 23.4Bearish
Supertrend (10,3)

Price is above Supertrend

$282.73Bullish
Ichimoku Cloud

Cloud Span A / Span B

$333.67 / $357.93Bearish
Donchian Channel (20)

20-period breakout channel position

56%Range

Momentum

RSI (14)

Neutral zone

48.5Range
MACD (12,26,9)

Histogram is positive

4.130Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

69.6 / 82.3Bearish
Williams %R (14)

Neutral zone

-30.4Range
CCI (20)

Balanced zone

43.5Range
TD Sequential

Setup is not extreme

sell 6Bearish

Volatility

ATR (14)

High volatility

$19 (5.63%)Bearish
Bollinger Bands (20,2)

Width 19.13%

61%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$376.7 / $300.06Bearish
ATR channel lower / upper

Current Volatility Envelope

$318.64 / $356.64Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

58.1Bullish
OBV slope

20-period OBV slope

5.22%Bullish
Volume ratio

Relative to 20-period average volume

0.08xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$397.63Range
Support

Nearest Downside Decision Level

$289.1Range

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