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 $340.37 and stabilize above resistance $358.85.

Invalidation Trigger

Break above $358.85 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 42.1, MACD -0.027

4h
Volatility EnvironmentBullish
Low volatility

ATR is $2.97 (0.88%)

4h

EMA Structure

Bearish
EMA 8$338.47Bearish
EMA 21$340.37Bearish
EMA 50$341.1Bearish

Signals

CategoryReadStrength
Momentum
RSI 42.1 · MACD -0.027

Momentum is weak

Strength
Bearish
Volatility
ATR $2.97 · BB 3.06%

Low volatility

Strength
Bullish
Volume
MFI 26.2 · OBV -54.50%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$332 - $358.85

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+7.16% · 8.1 ATR above latest close

$361.82
Nearest resistance

+6.28% · 7.1 ATR above · 34-bar high

$358.85
Current price

Price shown is delayed

$337.64
Nearest support

-1.67% · 1.9 ATR below · 34-bar low

$332
Deeper support zone

-2.55% · 2.9 ATR below latest close

$329.03
ATR zone

Latest close ± ATR14

$334.67 - $340.61

Indicators

Trend

Dow Theory Structure

Confirmation $343, invalidation $335.3

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

Trend strength is active

30.0 / 30.4 / 19.7Bullish
Supertrend (10,3)

Price is above Supertrend

$328.45Bullish
Ichimoku Cloud

Cloud Span A / Span B

$341.96 / $345.43Bearish
Donchian Channel (20)

20-period breakout channel position

43%Bearish

Volatility

ATR (14)

Low volatility

$2.97 (0.88%)Bullish
Bollinger Bands (20,2)

Width 3.06%

40%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$346.41 / $334.06Bullish
ATR channel lower / upper

Current Volatility Envelope

$334.67 / $340.61Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$358.85Range
Support

Nearest Downside Decision Level

$332Range

Momentum

RSI (14)

Momentum is weak

42.1Bearish
MACD (12,26,9)

Histogram is negative

-0.027Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

23.9 / 31.1Bearish
Williams %R (14)

Neutral zone

-76.1Range
CCI (20)

Balanced zone

-33.1Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

26.2Bearish
OBV slope

20-period OBV slope

-54.50%Bearish
Volume ratio

Relative to 20-period average volume

1.54xBullish

Trend

Dow Theory Structure

Confirmation $343, invalidation $335.3

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

Trend strength is active

30.0 / 30.4 / 19.7Bullish
Supertrend (10,3)

Price is above Supertrend

$328.45Bullish
Ichimoku Cloud

Cloud Span A / Span B

$341.96 / $345.43Bearish
Donchian Channel (20)

20-period breakout channel position

43%Bearish

Momentum

RSI (14)

Momentum is weak

42.1Bearish
MACD (12,26,9)

Histogram is negative

-0.027Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

23.9 / 31.1Bearish
Williams %R (14)

Neutral zone

-76.1Range
CCI (20)

Balanced zone

-33.1Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$2.97 (0.88%)Bullish
Bollinger Bands (20,2)

Width 3.06%

40%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$346.41 / $334.06Bullish
ATR channel lower / upper

Current Volatility Envelope

$334.67 / $340.61Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

26.2Bearish
OBV slope

20-period OBV slope

-54.50%Bearish
Volume ratio

Relative to 20-period average volume

1.54xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$358.85Range
Support

Nearest Downside Decision Level

$332Range

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