US stock / ETF

Home Depot, Inc.

HD · NYSE · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

HD 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $338.95 and stabilize above resistance $357.66.

Invalidation Trigger

Break above $357.66 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 42.5, MACD -0.151

4h
Volatility EnvironmentBullish
Low volatility

ATR is $4.38 (1.3%)

4h

EMA Structure

Bearish
EMA 8$336.93Bearish
EMA 21$338.95Bearish
EMA 50$341.1Bearish

Signals

CategoryReadStrength
Momentum
RSI 42.5 · MACD -0.151

Momentum is weak

Strength
Bearish
Volatility
ATR $4.38 · BB 3.80%

Low volatility

Strength
Bullish
Volume
MFI 48.4 · OBV -10.52%

Relative to 20-period average volume

Strength
Range
Price Levels
$330.69 - $357.66

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+7.75% · 5.9 ATR above latest close

$362.04
Nearest resistance

+6.44% · 4.9 ATR above · 34-bar high

$357.66
Current price

Price shown is delayed

$336
Nearest support

-1.58% · 1.2 ATR below · 34-bar low

$330.69
Deeper support zone

-2.88% · 2.2 ATR below latest close

$326.31
ATR zone

Latest close ± ATR14

$331.62 - $340.38

Indicators

Trend

Dow Theory Structure

Confirmation $338.58, invalidation $333.12

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

Trend strength is moderate

11.5 / 25.9 / 26.8Bearish
Supertrend (10,3)

Price is above Supertrend

$325.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$339.86 / $344.17Bearish
Donchian Channel (20)

20-period breakout channel position

24%Bearish

Volatility

ATR (14)

Low volatility

$4.38 (1.3%)Bullish
Bollinger Bands (20,2)

Width 3.80%

29%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$345.67 / $331.96Bullish
ATR channel lower / upper

Current Volatility Envelope

$331.62 / $340.38Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$357.66Range
Support

Nearest Downside Decision Level

$330.69Range

Momentum

RSI (14)

Momentum is weak

42.5Bearish
MACD (12,26,9)

Histogram is negative

-0.151Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

23.4 / 26.8Bearish
Williams %R (14)

Neutral zone

-76.6Range
CCI (20)

Balanced zone

-70.1Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.4Range
OBV slope

20-period OBV slope

-10.52%Bearish
Volume ratio

Relative to 20-period average volume

1.50xBullish

Trend

Dow Theory Structure

Confirmation $338.58, invalidation $333.12

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

Trend strength is moderate

11.5 / 25.9 / 26.8Bearish
Supertrend (10,3)

Price is above Supertrend

$325.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$339.86 / $344.17Bearish
Donchian Channel (20)

20-period breakout channel position

24%Bearish

Momentum

RSI (14)

Momentum is weak

42.5Bearish
MACD (12,26,9)

Histogram is negative

-0.151Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

23.4 / 26.8Bearish
Williams %R (14)

Neutral zone

-76.6Range
CCI (20)

Balanced zone

-70.1Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$4.38 (1.3%)Bullish
Bollinger Bands (20,2)

Width 3.80%

29%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$345.67 / $331.96Bullish
ATR channel lower / upper

Current Volatility Envelope

$331.62 / $340.38Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.4Range
OBV slope

20-period OBV slope

-10.52%Bearish
Volume ratio

Relative to 20-period average volume

1.50xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$357.66Range
Support

Nearest Downside Decision Level

$330.69Range

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