HOME DEPOT INC (HD) Stock Technical Analysis
NYSE:HD - US4370761029 - Common Stock
423.42 USD
+10.19 (+2.47%)
424.963 USD
+1.54 (+0.36%)
Overall HD gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HD is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
HD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HD is lagging the market slightly.
In the last month HD has a been trading in the 392.51 - 425.22 range, which is quite wide. It is currently trading near the high of this range.
HD has an average volume of 3463560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that HD is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this relatively good performance is mostly due to a recent big move.
HD is part of the Specialty Retail industry. There are 123 other stocks in this industry, HD did better than 60% of them.
HD has an excellent technical rating, but the quality of the setup is only medium 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
342.53
435.69
We found 5 important support areas.
- A support zone ranging from 406.76 to 418.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 387.99 to 393.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 367.50 to 370.89. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @359.83 from a trend line in the weekly time frame.
- A support zone ranging from 345.99 to 351.15. 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 424.87 to 431.38. 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 is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HD is up. |
| ChartMill Relative Strength | 72.45 | POSITIVE | HD has a high relative strength, it outperformed 72.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.17 | NEUTRAL | The RSI value for HD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests HD has a positive trend. |
| Stochastics (14,3) | 80.58 | OVERBOUGHT | The high Stochastics value suggests HD may be overbought. |
| Average True Range in percent/ATR (20) | 1.81 | LOW VOLATILITY | The low ATR as a percentage value for HD suggests low volalility. |
| Average Directional Index/ADX (14) | 36.7 | POSITIVE | The high ADX value value for HD suggests a strong trend. |
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)
423.42
+10.19 (+2.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg2.47%
1 Week2.85%
2 Weeks3.72%
1 Month3.99%
3 Month19.39%
6 Month20.53%
12 Month11.43%
2 Year40.13%
3 Year53.45%
5 Year52.47%
10 Year266.63%
15 Year1236.55%
Volatility
ATR(14)6.73
ATR(20)%1.81%
ATR Inc31.28%
Range Today10.97
ADR(20)6.78
ADR(20)%1.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.45
Mansfield-0.15
10 Day High425.22
10 Day Low402.75
20 Day High425.22
20 Day Low392.51
52 Week High439.37
52 Week Low326.31
CS1 End418.65
CR1 Start424.87
Volume & EV
DER(3)0.1%
DER(5)-0.36%
Volume5.32M
Volume Incr16.7%
Vol(5)4.27M
Vol(50)3.46M