US stock / ETF

Home Depot, Inc.

HD · NYSE · USD

4 hoursBullish92%
4h Upside probability 92%Bullish

HD 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $289.57 and reclaim $327.73.

Invalidation Trigger

Lose $289.57 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateRange
Momentum mixed

RSI 58.1, MACD -0.200

4h
Volatility EnvironmentBullish
Low volatility

ATR is $3.64 (1.14%)

4h

EMA Structure

Bullish
EMA 8$320.21Bearish
EMA 21$315.41Bullish
EMA 50$307.25Bullish

Signals

CategoryReadStrength
Momentum
RSI 58.1 · MACD -0.200

Momentum is strong

Strength
Range
Volatility
ATR $3.64 · BB 7.29%

Low volatility

Strength
Bullish
Volume
MFI 72.5 · OBV 73.89%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$289.57 - $327.73

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+4.16% · 3.6 ATR above latest close

$331.37
Nearest resistance

+3.02% · 2.6 ATR above · 34-bar high

$327.73
Current price

Price shown is delayed

$318.13
Nearest support

-8.98% · 7.8 ATR below · 34-bar low

$289.57
Deeper support zone

-10.12% · 8.8 ATR below latest close

$285.93
ATR zone

Latest close ± ATR14

$314.49 - $321.77

Indicators

Trend

Dow Theory Structure

Confirmation $327.73, invalidation $313.1

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

59.8 / 42.1 / 23.5Bullish
Supertrend (10,3)

Price is above Supertrend

$306.7Bullish
Ichimoku Cloud

Cloud Span A / Span B

$316.33 / $304.99Bullish
Donchian Channel (20)

20-period breakout channel position

56%Bullish

Volatility

ATR (14)

Low volatility

$3.64 (1.14%)Bullish
Bollinger Bands (20,2)

Width 7.29%

60%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$323.64 / $307.94Bullish
ATR channel lower / upper

Current Volatility Envelope

$314.49 / $321.77Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$327.73Range
Support

Nearest Downside Decision Level

$289.57Range

Momentum

RSI (14)

Momentum is strong

58.1Bullish
MACD (12,26,9)

Histogram is negative

-0.200Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

43.8 / 59.3Bearish
Williams %R (14)

Neutral zone

-56.2Range
CCI (20)

Balanced zone

41.4Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

72.5Bullish
OBV slope

20-period OBV slope

73.89%Bullish
Volume ratio

Relative to 20-period average volume

0.78xBearish

Trend

Dow Theory Structure

Confirmation $327.73, invalidation $313.1

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

59.8 / 42.1 / 23.5Bullish
Supertrend (10,3)

Price is above Supertrend

$306.7Bullish
Ichimoku Cloud

Cloud Span A / Span B

$316.33 / $304.99Bullish
Donchian Channel (20)

20-period breakout channel position

56%Bullish

Momentum

RSI (14)

Momentum is strong

58.1Bullish
MACD (12,26,9)

Histogram is negative

-0.200Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

43.8 / 59.3Bearish
Williams %R (14)

Neutral zone

-56.2Range
CCI (20)

Balanced zone

41.4Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$3.64 (1.14%)Bullish
Bollinger Bands (20,2)

Width 7.29%

60%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$323.64 / $307.94Bullish
ATR channel lower / upper

Current Volatility Envelope

$314.49 / $321.77Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

72.5Bullish
OBV slope

20-period OBV slope

73.89%Bullish
Volume ratio

Relative to 20-period average volume

0.78xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$327.73Range
Support

Nearest Downside Decision Level

$289.57Range

Related Forecasts