Home Depot CDR (HD.CA) Stock Technical Analysis
TSX:HD
Overall HD gets a technical rating of 4 out of 10. HD has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 100% of all other stocks performed better in the past year than HD.
- HD is one of the lesser performing stocks in the Specialty Retail industry. 94% of 19 stocks in the same industry do better.
- The long and short term trends are both positive. This is looking good!
- In the last month HD has a been trading in the 23.10 - 24.72 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
HD has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 24.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.52, a Stop Loss order could be placed below this zone.
More info and screens
23.23
When analyzing the support we notice one important area.
- A support zone ranging from 23.46 to 23.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 24.23 to 24.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for HD.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HD.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | HD.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HD.CA is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 55.35 | NEUTRAL | The RSI value for HD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.47 | NEGATIVE | The MACD value suggests HD.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 42.37 | NEUTRAL | The Stochastics value for HD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.94 | LOW VOLATILITY | The low ATR as a percentage value for HD.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 27.49 | POSITIVE | The high ADX value value for HD.CA suggests a strong trend. |
TSX:HD (2/24/2026, 7:00:00 PM)
24.03
+0.51 (+2.17%)
Home Depot CDR / HD.CA FAQ
What is the ChartMill technical rating of Home Depot CDR (HD.CA) stock?
ChartMill assigns a technical rating of 4 / 10 to HD.CA.
What is the trend direction for HD stock?
The current trend direction for Home Depot CDR (HD.CA) is Bullish.
What is the RSI signal for Home Depot CDR (HD.CA) stock?
Home Depot CDR (HD.CA) has an RSI value of 55.3514. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for Home Depot CDR?
The buy/sell signal for Home Depot CDR (HD.CA) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for Home Depot CDR?
Home Depot CDR (HD.CA) has a support level at 23.52 and a resistance level at 24.23. Check the full technical report for our detailed analysis of HD.CA support and resistance levels.