HOME DEPOT INC (HD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HD - US4370761029 - Common Stock
374.64 USD
+15.08 (+4.19%)
374.65 USD
0.01 (0%)
Overall HD gets a technical rating of 2 out of 10. HD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
72% of all other stocks performed better in the past year than HD.
In the last month HD has a been trading in the 337.71 - 375.49 range, which is quite wide. It is currently trading near the high of this range.
HD has an average volume of 4502840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
HD is an average performer in the Specialty Retail industry, it outperforms 51% of 122 stocks in the same industry.
HD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HD is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of HD is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
329.05
435.68
4 important support areas can be observed.
- Support @370.89 from a horizontal line in the daily time frame.
- A support zone ranging from 351.01 to 357.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 343.31 to 345.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 332.37 to 335.24. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- Resistance @414.50 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 422.70 to 423.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @431.37 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for HD is neutral. |
| ChartMill Relative Strength | 28.32 | NEGATIVE | HD has a low relative strength, it was outperformed by 71.68% 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) | DOWN | MIXED | The current price of HD is above a declining 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) | 67.85 | NEUTRAL | The RSI value for HD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.79 | POSITIVE | The MACD value suggests HD has a positive trend. |
| Stochastics (14,3) | 71.29 | NEUTRAL | The Stochastics value for HD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.13 | MEDIUM VOLATILITY | The ATR as a percentage value for HD suggests some volalility. |
| Average Directional Index/ADX (14) | 12.03 | NEGATIVE | The low ADX value for HD suggests a weak or negative 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)
374.64
+15.08 (+4.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg4.19%
1 Week8.33%
2 Weeks7.86%
1 Month6.7%
3 Month-0.3%
6 Month1.23%
12 Month-3.91%
2 Year6.14%
3 Year15.57%
5 Year38.34%
10 Year197.9%
15 Year918.87%
Volatility
ATR(14)7.92
ATR(20)%2.13%
ATR Inc160.93%
Range Today14.18
ADR(20)7.68
ADR(20)%2.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.32
3 months CRS36.79
6 months CRS41.14
Mansfield-1.12
10 Day High375.49
10 Day Low337.71
20 Day High375.49
20 Day Low337.71
52 Week High426.75
52 Week Low326.31
CS1 End370.89
CR1 Start414.5
Volume & EV
DER(3)0.67%
DER(5)1.4%
Volume7.09M
Volume Incr14.5%
Vol(5)5.23M
Vol(50)4.50M
HOME DEPOT INC / HD FAQ
What is the ChartMill technical rating of HOME DEPOT INC (HD) stock?
ChartMill assigns a technical rating of 2 / 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 67.8486. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for HOME DEPOT INC?
HOME DEPOT INC (HD) has a support level at 370.89 and a resistance level at 414.5. Check the full technical report for our detailed analysis of HD support and resistance levels.