HOME DEPOT INC (HD) Technical Analysis
NYSE:HD • US4370761029
Current stock price
339.03 USD
+0.1 (+0.03%)
At close:
338.579 USD
-0.45 (-0.13%)
After Hours:
HD Technical Rating and Analysis
Taking everything into account, HD scores 0 out of 10 in our technical rating. HD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, HD is a bad performer in the overall market: 71% of all stocks are doing better.
- HD is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HD is lagging the market.
- In the last month HD has a been trading in the 338.03 - 394.35 range, which is quite wide. It is currently trading near the lows of this range.
- HD has an average volume of 4205840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- HD is an average performer in the Specialty Retail industry, it outperforms 56% of 124 stocks in the same industry.
HD Weekly and Daily overview Charts
HD Setup Rating and Analysis
The technical rating of HD is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
HD Support and Resistance Analysis
329.05
435.68
We found 2 important support areas.
- Support @339.02 from a horizontal line in the weekly time frame.
- Support @332.37 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 368.75 to 373.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 384.49 to 385.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @391.90 from a horizontal line in the daily time frame.
- Resistance @414.50 from a horizontal line in the weekly time frame.
- Resistance @431.37 from a horizontal line in the weekly time frame.
HD Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for HD is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HD is down. |
| ChartMill Relative Strength | 29.97 | NEGATIVE | HD has a low relative strength, it was outperformed by 70.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.4 | OVERSOLD | The low RSI value suggests HD may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -4.05 | NEGATIVE | The MACD value suggests HD has a negative trend. |
| Stochastics (14,3) | 4.29 | OVERSOLD | The low Stochastics value suggests HD may be oversold. |
| Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for HD suggests some volalility. |
| Average Directional Index/ADX (14) | 26.79 | POSITIVE | The high ADX value value for HD suggests a strong trend. |
HD Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
HD Technicals: Chart, Performance Metrics, Trend & Indicators
339.03
+0.1 (+0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg0.03%
1 Week-5.28%
2 Weeks-10.95%
1 Month-13.12%
3 Month-5.73%
6 Month-19.79%
12 Month-3.5%
2 Year-11.62%
3 Year14.88%
5 Year11.07%
10 Year154.09%
15 Year814.81%
Volatility
ATR(14)10.3
ATR(20)%2.95%
ATR Inc-18.23%
Range Today5.39
ADR(20)8.76
ADR(20)%2.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.97
3 months CRS35.46
6 months CRS21.88
Mansfield-1.29
10 Day High375.11
10 Day Low338.03
20 Day High394.35
20 Day Low338.03
52 Week High426.75
52 Week Low326.31
CS1 End339.02
CR1 Start368.75
Volume & EV
DER(3)-2.42%
DER(5)-1.4%
Volume2.53M
Volume Incr-11.2%
Vol(5)3.57M
Vol(50)4.21M
HOME DEPOT INC / HD TA FAQ
What is the ChartMill technical rating of HOME DEPOT INC (HD) stock?
ChartMill assigns a technical rating of 0 / 10 to HD.
What is the trend direction for HD stock?
The current trend direction for HOME DEPOT INC (HD) is Bearish.
What is the RSI signal for HOME DEPOT INC (HD) stock?
HOME DEPOT INC (HD) has an RSI value of 28.3974. This indicates that the stock is currently oversold.
Can you provide the support and resistance levels for HOME DEPOT INC?
HOME DEPOT INC (HD) has a support level at 339.02 and a resistance level at 368.75. Check the full technical report for our detailed analysis of HD support and resistance levels.