US stock / ETF

Home Depot, Inc.

HD · NYSE · USD

4 hoursBearish88%
4h Downside probability 88%Bearish

HD 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $312.45 and stabilize above resistance $329.2.

Invalidation Trigger

Break above $329.2 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateRange
Momentum mixed

RSI 35.6, MACD 0.252

4h
Volatility EnvironmentBullish
Low volatility

ATR is $2.33 (0.75%)

4h

EMA Structure

Bearish
EMA 8$309.02Bearish
EMA 21$312.45Bearish
EMA 50$319.7Bearish

Signals

CategoryReadStrength
Momentum
RSI 35.6 · MACD 0.252

Momentum is weak

Strength
Range
Volatility
ATR $2.33 · BB 6.27%

Low volatility

Strength
Bullish
Volume
MFI 16.1 · OBV -36.27%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$304.31 - $329.2

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+7.32% · 9.7 ATR above latest close

$331.53
Nearest resistance

+6.56% · 8.7 ATR above · 34-bar high

$329.2
Current price

Price shown is delayed

$308.92
Nearest support

-1.49% · 2.0 ATR below · 34-bar low

$304.31
Deeper support zone

-2.25% · 3.0 ATR below latest close

$301.98
ATR zone

Latest close ± ATR14

$306.59 - $311.25

Indicators

Trend

Dow Theory Structure

Confirmation $304.31, invalidation $311.2

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

Trend strength is active

39.9 / 19.6 / 43.4Bearish
Supertrend (10,3)

Price is above Supertrend

$301.86Bullish
Ichimoku Cloud

Cloud Span A / Span B

$310.64 / $322.12Bearish
Donchian Channel (20)

20-period breakout channel position

27%Bearish

Volatility

ATR (14)

Low volatility

$2.33 (0.75%)Bullish
Bollinger Bands (20,2)

Width 6.27%

31%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$316.75 / $307.58Bullish
ATR channel lower / upper

Current Volatility Envelope

$306.59 / $311.25Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$329.2Range
Support

Nearest Downside Decision Level

$304.31Range

Momentum

RSI (14)

Momentum is weak

35.6Bearish
MACD (12,26,9)

Histogram is positive

0.252Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

37.0 / 31.5Bullish
Williams %R (14)

Neutral zone

-63.0Range
CCI (20)

Balanced zone

-64.5Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

16.1Bearish
OBV slope

20-period OBV slope

-36.27%Bearish
Volume ratio

Relative to 20-period average volume

1.40xBullish

Trend

Dow Theory Structure

Confirmation $304.31, invalidation $311.2

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

Trend strength is active

39.9 / 19.6 / 43.4Bearish
Supertrend (10,3)

Price is above Supertrend

$301.86Bullish
Ichimoku Cloud

Cloud Span A / Span B

$310.64 / $322.12Bearish
Donchian Channel (20)

20-period breakout channel position

27%Bearish

Momentum

RSI (14)

Momentum is weak

35.6Bearish
MACD (12,26,9)

Histogram is positive

0.252Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

37.0 / 31.5Bullish
Williams %R (14)

Neutral zone

-63.0Range
CCI (20)

Balanced zone

-64.5Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Low volatility

$2.33 (0.75%)Bullish
Bollinger Bands (20,2)

Width 6.27%

31%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$316.75 / $307.58Bullish
ATR channel lower / upper

Current Volatility Envelope

$306.59 / $311.25Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

16.1Bearish
OBV slope

20-period OBV slope

-36.27%Bearish
Volume ratio

Relative to 20-period average volume

1.40xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$329.2Range
Support

Nearest Downside Decision Level

$304.31Range

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