US stock / ETF

Home Depot, Inc.

HD · NYSE · USD

4 hoursBullish89%
4h Upside probability 89%Bullish

HD 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $307.35 and reclaim $342.77.

Invalidation Trigger

Lose $307.35 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 63.9, MACD 0.197

4h
Volatility EnvironmentRange
Low volatility

ATR is $6.91 (2.02%)

4h

EMA Structure

Bullish
EMA 8$333.84Bullish
EMA 21$329.32Bullish
EMA 50$323.96Bullish

Signals

CategoryReadStrength
Momentum
RSI 63.9 · MACD 0.197

Momentum is strong

Strength
Bullish
Volatility
ATR $6.91 · BB 8.02%

Low volatility

Strength
Range
Volume
MFI 40.9 · OBV 0.57%

Relative to 20-period average volume

Strength
Range
Price Levels
$307.35 - $342.77

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.37% · 1.2 ATR above latest close

$349.68
Nearest resistance

+0.34% · 0.2 ATR above · 34-bar high

$342.77
Current price

Price shown is delayed

$341.6
Nearest support

-10.03% · 5.0 ATR below · 34-bar low

$307.35
Deeper support zone

-12.05% · 6.0 ATR below latest close

$300.44
ATR zone

Latest close ± ATR14

$334.69 - $348.51

Indicators

Trend

Dow Theory Structure

Confirmation $341.11, invalidation $323.26

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

Trend strength is active

44.9 / 32.7 / 21.7Bullish
Supertrend (10,3)

Price is above Supertrend

$319.26Bullish
Ichimoku Cloud

Cloud Span A / Span B

$329.04 / $316Bullish
Donchian Channel (20)

20-period breakout channel position

95%Bullish

Volatility

ATR (14)

Low volatility

$6.91 (2.02%)Range
Bollinger Bands (20,2)

Width 8.02%

92%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$344.1 / $315.19Range
ATR channel lower / upper

Current Volatility Envelope

$334.69 / $348.51Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$342.77Range
Support

Nearest Downside Decision Level

$307.35Range

Momentum

RSI (14)

Momentum is strong

63.9Bullish
MACD (12,26,9)

Histogram is positive

0.197Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

94.0 / 66.4Bullish
Williams %R (14)

Overbought zone

-6.0Bearish
CCI (20)

Strong expansion

139.1Bullish
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

40.9Bearish
OBV slope

20-period OBV slope

0.57%Bullish
Volume ratio

Relative to 20-period average volume

0.71xBearish

Trend

Dow Theory Structure

Confirmation $341.11, invalidation $323.26

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

Trend strength is active

44.9 / 32.7 / 21.7Bullish
Supertrend (10,3)

Price is above Supertrend

$319.26Bullish
Ichimoku Cloud

Cloud Span A / Span B

$329.04 / $316Bullish
Donchian Channel (20)

20-period breakout channel position

95%Bullish

Momentum

RSI (14)

Momentum is strong

63.9Bullish
MACD (12,26,9)

Histogram is positive

0.197Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

94.0 / 66.4Bullish
Williams %R (14)

Overbought zone

-6.0Bearish
CCI (20)

Strong expansion

139.1Bullish
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$6.91 (2.02%)Range
Bollinger Bands (20,2)

Width 8.02%

92%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$344.1 / $315.19Range
ATR channel lower / upper

Current Volatility Envelope

$334.69 / $348.51Range

Volume / Money Flow

MFI (14)

Money flow is weak

40.9Bearish
OBV slope

20-period OBV slope

0.57%Bullish
Volume ratio

Relative to 20-period average volume

0.71xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$342.77Range
Support

Nearest Downside Decision Level

$307.35Range

Related Forecasts