US stock / ETF

Home Depot, Inc.

HD · NYSE · USD

4 hoursBearish70%
4h Downside probability 70%Bearish

HD 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $348.95 and stabilize above resistance $362.44.

Invalidation Trigger

Break above $362.44 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 50.1, MACD -0.785

4h
Volatility EnvironmentBullish
Low volatility

ATR is $3.19 (0.92%)

4h

EMA Structure

Bullish
EMA 8$349.69Bearish
EMA 21$348.95Bearish
EMA 50$342.44Bullish

Signals

CategoryReadStrength
Momentum
RSI 50.1 · MACD -0.785

Neutral zone

Strength
Bearish
Volatility
ATR $3.19 · BB 3.95%

Low volatility

Strength
Bullish
Volume
MFI 39.0 · OBV -820.37%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$332.29 - $362.44

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+5.07% · 5.5 ATR above latest close

$365.63
Nearest resistance

+4.15% · 4.5 ATR above · 34-bar high

$362.44
Current price

Price shown is delayed

$348
Nearest support

-4.51% · 4.9 ATR below · 34-bar low

$332.29
Deeper support zone

-5.43% · 5.9 ATR below latest close

$329.1
ATR zone

Latest close ± ATR14

$344.81 - $351.19

Indicators

Trend

Dow Theory Structure

Confirmation $356.46, invalidation $344.31

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

Trend strength is moderate

11.1 / 23.9 / 32.6Bearish
Supertrend (10,3)

Price is above Supertrend

$338.76Bullish
Ichimoku Cloud

Cloud Span A / Span B

$349 / $339.39Bearish
Donchian Channel (20)

20-period breakout channel position

40%Range

Volatility

ATR (14)

Low volatility

$3.19 (0.92%)Bullish
Bollinger Bands (20,2)

Width 3.95%

38%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$355.44 / $342.74Bullish
ATR channel lower / upper

Current Volatility Envelope

$344.81 / $351.19Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$362.44Range
Support

Nearest Downside Decision Level

$332.29Range

Momentum

RSI (14)

Neutral zone

50.1Range
MACD (12,26,9)

Histogram is negative

-0.785Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

30.4 / 37.4Bearish
Williams %R (14)

Neutral zone

-69.6Range
CCI (20)

Balanced zone

-40.8Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

39.0Bearish
OBV slope

20-period OBV slope

-820.37%Bearish
Volume ratio

Relative to 20-period average volume

2.05xBullish

Trend

Dow Theory Structure

Confirmation $356.46, invalidation $344.31

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

Trend strength is moderate

11.1 / 23.9 / 32.6Bearish
Supertrend (10,3)

Price is above Supertrend

$338.76Bullish
Ichimoku Cloud

Cloud Span A / Span B

$349 / $339.39Bearish
Donchian Channel (20)

20-period breakout channel position

40%Range

Momentum

RSI (14)

Neutral zone

50.1Range
MACD (12,26,9)

Histogram is negative

-0.785Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

30.4 / 37.4Bearish
Williams %R (14)

Neutral zone

-69.6Range
CCI (20)

Balanced zone

-40.8Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$3.19 (0.92%)Bullish
Bollinger Bands (20,2)

Width 3.95%

38%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$355.44 / $342.74Bullish
ATR channel lower / upper

Current Volatility Envelope

$344.81 / $351.19Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

39.0Bearish
OBV slope

20-period OBV slope

-820.37%Bearish
Volume ratio

Relative to 20-period average volume

2.05xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$362.44Range
Support

Nearest Downside Decision Level

$332.29Range

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