US stock / ETF

Home Depot, Inc.

HD · NYSE · USD

4 hoursBullish82%
4h Upside probability 82%Bullish

HD 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $323.05 and reclaim $348.72.

Invalidation Trigger

Lose $323.05 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 57.0, MACD 0.303

4h
Volatility EnvironmentBullish
Low volatility

ATR is $4.03 (1.19%)

4h

EMA Structure

Range
EMA 8$336.19Bullish
EMA 21$335.88Bullish
EMA 50$336.43Bullish

Signals

CategoryReadStrength
Momentum
RSI 57.0 · MACD 0.303

Momentum is strong

Strength
Bullish
Volatility
ATR $4.03 · BB 5.52%

Low volatility

Strength
Bullish
Volume
MFI 54.8 · OBV -36.44%

Relative to 20-period average volume

Strength
Range
Price Levels
$323.05 - $348.72

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+3.74% · 3.2 ATR above latest close

$352.75
Nearest resistance

+2.56% · 2.2 ATR above · 34-bar high

$348.72
Current price

Price shown is delayed

$340.02
Nearest support

-4.99% · 4.2 ATR below · 34-bar low

$323.05
Deeper support zone

-6.18% · 5.2 ATR below latest close

$319.02
ATR zone

Latest close ± ATR14

$335.99 - $344.05

Indicators

Trend

Dow Theory Structure

Confirmation $343.21, invalidation $328.8

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

Trend strength is active

23.9 / 29.2 / 26.6Bullish
Supertrend (10,3)

Price is above Supertrend

$327.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$337.38 / $337.17Bullish
Donchian Channel (20)

20-period breakout channel position

56%Range

Volatility

ATR (14)

Low volatility

$4.03 (1.19%)Bullish
Bollinger Bands (20,2)

Width 5.52%

64%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$343.94 / $327.81Bullish
ATR channel lower / upper

Current Volatility Envelope

$335.99 / $344.05Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$348.72Range
Support

Nearest Downside Decision Level

$323.05Range

Momentum

RSI (14)

Momentum is strong

57.0Bullish
MACD (12,26,9)

Histogram is positive

0.303Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

68.1 / 53.0Bullish
Williams %R (14)

Neutral zone

-31.9Range
CCI (20)

Balanced zone

40.4Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.8Range
OBV slope

20-period OBV slope

-36.44%Bearish
Volume ratio

Relative to 20-period average volume

1.19xBullish

Trend

Dow Theory Structure

Confirmation $343.21, invalidation $328.8

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

Trend strength is active

23.9 / 29.2 / 26.6Bullish
Supertrend (10,3)

Price is above Supertrend

$327.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$337.38 / $337.17Bullish
Donchian Channel (20)

20-period breakout channel position

56%Range

Momentum

RSI (14)

Momentum is strong

57.0Bullish
MACD (12,26,9)

Histogram is positive

0.303Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

68.1 / 53.0Bullish
Williams %R (14)

Neutral zone

-31.9Range
CCI (20)

Balanced zone

40.4Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Low volatility

$4.03 (1.19%)Bullish
Bollinger Bands (20,2)

Width 5.52%

64%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$343.94 / $327.81Bullish
ATR channel lower / upper

Current Volatility Envelope

$335.99 / $344.05Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.8Range
OBV slope

20-period OBV slope

-36.44%Bearish
Volume ratio

Relative to 20-period average volume

1.19xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$348.72Range
Support

Nearest Downside Decision Level

$323.05Range

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