US stock / ETF

Home Depot, Inc.

HD · NYSE · USD

1 weekBearish91%
Weekly Downside probability 91%Bearish

HD 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $323.53 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 32.5, MACD -4.617

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $17.97 (6.35%)

Weekly

EMA Structure

Bearish
EMA 8$308.16Bearish
EMA 21$323.53Bearish
EMA 50$339.72Bearish

Signals

CategoryReadStrength
Momentum
RSI 32.5 · MACD -4.617

Momentum is weak

Strength
Bearish
Volatility
ATR $17.97 · BB 24.11%

High volatility

Strength
Bearish
Volume
MFI 23.2 · OBV -19.80%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$277.15 - $397.63

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+46.93% · 7.4 ATR above latest close

$415.6
Nearest resistance

+40.58% · 6.4 ATR above · 34-bar high

$397.63
Current price

Price shown is delayed

$282.85
Nearest support

-2.02% · 0.3 ATR below · 34-bar low

$277.15
Deeper support zone

-8.37% · 1.3 ATR below latest close

$259.18
ATR zone

Latest close ± ATR14

$264.88 - $300.82

Indicators

Trend

Dow Theory Structure

Confirmation $358.36, invalidation $323.05

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

Trend strength is moderate

16.4 / 9.7 / 35.5Bearish
Supertrend (10,3)

Price is above Supertrend

$231.65Bullish
Ichimoku Cloud

Cloud Span A / Span B

$317.88 / $337.39Bearish
Donchian Channel (20)

20-period breakout channel position

7%Bearish

Volatility

ATR (14)

High volatility

$17.97 (6.35%)Bearish
Bollinger Bands (20,2)

Width 24.11%

-5%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$357.98 / $287.52Bearish
ATR channel lower / upper

Current Volatility Envelope

$264.88 / $300.82Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$397.63Range
Support

Nearest Downside Decision Level

$277.15Range

Momentum

RSI (14)

Momentum is weak

32.5Bearish
MACD (12,26,9)

Histogram is negative

-4.617Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.0 / 4.3Bullish
Williams %R (14)

Oversold zone

-93.0Bullish
CCI (20)

Weak expansion

-174.0Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

23.2Bearish
OBV slope

20-period OBV slope

-19.80%Bearish
Volume ratio

Relative to 20-period average volume

1.38xBullish

Trend

Dow Theory Structure

Confirmation $358.36, invalidation $323.05

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

Trend strength is moderate

16.4 / 9.7 / 35.5Bearish
Supertrend (10,3)

Price is above Supertrend

$231.65Bullish
Ichimoku Cloud

Cloud Span A / Span B

$317.88 / $337.39Bearish
Donchian Channel (20)

20-period breakout channel position

7%Bearish

Momentum

RSI (14)

Momentum is weak

32.5Bearish
MACD (12,26,9)

Histogram is negative

-4.617Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.0 / 4.3Bullish
Williams %R (14)

Oversold zone

-93.0Bullish
CCI (20)

Weak expansion

-174.0Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

High volatility

$17.97 (6.35%)Bearish
Bollinger Bands (20,2)

Width 24.11%

-5%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$357.98 / $287.52Bearish
ATR channel lower / upper

Current Volatility Envelope

$264.88 / $300.82Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

23.2Bearish
OBV slope

20-period OBV slope

-19.80%Bearish
Volume ratio

Relative to 20-period average volume

1.38xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$397.63Range
Support

Nearest Downside Decision Level

$277.15Range

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