HOME DEPOT INC (HD) Stock Technical Analysis
USA - NYSE:HD - US4370761029 - Common Stock
386.68 USD
+1.65 (+0.43%)
386.63 USD
-0.05 (-0.01%)
Taking everything into account, HD scores 1 out of 10 in our technical rating. HD performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
66% of all other stocks performed better in the past year than HD.
In the last month HD has a been trading in the 374.78 - 410.94 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
HD has an average volume of 3559690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
HD is part of the Specialty Retail industry. There are 119 other stocks in this industry, HD did better than 50% of them.
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.
HD has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
346.11
435.69
We found 4 important support areas.
- Support @385.84 from a trend line in the daily time frame.
- A support zone ranging from 367.51 to 370.89. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @357.50 from a trend line in the weekly time frame.
- A support zone ranging from 349.61 to 351.15. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 387.51 to 393.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 414.50 to 416.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 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 | 34.99 | NEUTRAL | HD is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of HD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.01 | NEUTRAL | The RSI value for HD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.51 | POSITIVE | The MACD value suggests HD has a positive trend. |
| Stochastics (14,3) | 58.56 | NEUTRAL | The Stochastics value for HD is a neutral value. |
| Average True Range in percent/ATR (20) | 1.63 | LOW VOLATILITY | The low ATR as a percentage value for HD suggests low volalility. |
| Average Directional Index/ADX (14) | 26.33 | 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)
386.68
+1.65 (+0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg0.43%
1 Week-1.33%
2 Weeks2.91%
1 Month-5.71%
3 Month3.02%
6 Month8.14%
12 Month-3.07%
2 Year35.82%
3 Year30.58%
5 Year44.98%
10 Year212.75%
15 Year1151.39%
Volatility
ATR(14)6.25
ATR(20)%1.63%
ATR Inc-3.17%
Range Today4.03
ADR(20)6.12
ADR(20)%1.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.99
3 months CRS51.6
6 months CRS44.87
Mansfield-1.1
10 Day High394.37
10 Day Low377.19
20 Day High410.95
20 Day Low374.78
52 Week High439.37
52 Week Low326.31
CS1 End385.84
CR1 Start387.51
Volume & EV
DER(3)-0.57%
DER(5)-0.26%
Volume2.43M
Volume Incr-13.57%
Vol(5)2.62M
Vol(50)3.56M
HOME DEPOT INC / HD FAQ
What is the ChartMill technical rating of HOME DEPOT INC (HD) stock?
ChartMill assigns a technical rating of 1 / 10 to HD.
What is the current trend direction of HOME DEPOT INC (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 42.0123. This indicates that the stock is currently neutral.
What is the short term momentum for HD stock?
The short term momentum for HOME DEPOT INC (HD) is negative.
What is the support and resistance level for HD stock?
HOME DEPOT INC (HD) has a support level at 385.84 and a resistance level at 387.51. Check the full technical report for our detailed analysis of HD support and resistance levels.