US stock / ETF

Home Depot, Inc.

HD · NYSE · USD

1 weekBullish70%
Weekly Upside probability 70%Bullish

HD 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Hold above $289.1 and reclaim $397.63.

Invalidation Trigger

Lose $289.1 and MACD turns lower again.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 50.8, MACD 3.024

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $18.95 (5.53%)

Weekly

EMA Structure

Bearish
EMA 8$337.25Bullish
EMA 21$338.28Bullish
EMA 50$349.66Bearish

Signals

CategoryReadStrength
Momentum
RSI 50.8 · MACD 3.024

Neutral zone

Strength
Bullish
Volatility
ATR $18.95 · BB 17.68%

High volatility

Strength
Bearish
Volume
MFI 59.9 · OBV -0.12%

Relative to 20-period average volume

Strength
Range
Price Levels
$289.1 - $397.63

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+21.52% · 3.9 ATR above latest close

$416.58
Nearest resistance

+16% · 2.9 ATR above · 34-bar high

$397.63
Current price

Price shown is delayed

$342.8
Nearest support

-15.66% · 2.8 ATR below · 34-bar low

$289.1
Deeper support zone

-21.19% · 3.8 ATR below latest close

$270.15
ATR zone

Latest close ± ATR14

$323.84 - $361.75

Indicators

Trend

Dow Theory Structure

Confirmation $358.85, invalidation $323.05

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

Trend strength is active

29.6 / 20.3 / 22.7Bearish
Supertrend (10,3)

Price is above Supertrend

$281.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$338.16 / $357.93Bearish
Donchian Channel (20)

20-period breakout channel position

77%Range

Volatility

ATR (14)

High volatility

$18.95 (5.53%)Bearish
Bollinger Bands (20,2)

Width 17.68%

71%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$375.64 / $300.18Bearish
ATR channel lower / upper

Current Volatility Envelope

$323.84 / $361.75Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$397.63Range
Support

Nearest Downside Decision Level

$289.1Range

Momentum

RSI (14)

Neutral zone

50.8Range
MACD (12,26,9)

Histogram is positive

3.024Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

77.0 / 67.1Bullish
Williams %R (14)

Neutral zone

-23.0Range
CCI (20)

Balanced zone

57.4Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

59.9Bullish
OBV slope

20-period OBV slope

-0.12%Bearish
Volume ratio

Relative to 20-period average volume

0.09xBearish

Trend

Dow Theory Structure

Confirmation $358.85, invalidation $323.05

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

Trend strength is active

29.6 / 20.3 / 22.7Bearish
Supertrend (10,3)

Price is above Supertrend

$281.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$338.16 / $357.93Bearish
Donchian Channel (20)

20-period breakout channel position

77%Range

Momentum

RSI (14)

Neutral zone

50.8Range
MACD (12,26,9)

Histogram is positive

3.024Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

77.0 / 67.1Bullish
Williams %R (14)

Neutral zone

-23.0Range
CCI (20)

Balanced zone

57.4Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

High volatility

$18.95 (5.53%)Bearish
Bollinger Bands (20,2)

Width 17.68%

71%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$375.64 / $300.18Bearish
ATR channel lower / upper

Current Volatility Envelope

$323.84 / $361.75Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

59.9Bullish
OBV slope

20-period OBV slope

-0.12%Bearish
Volume ratio

Relative to 20-period average volume

0.09xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$397.63Range
Support

Nearest Downside Decision Level

$289.1Range

Related Forecasts