HOME DEPOT INC (HD)

US4370761029 - Common Stock

383.6  -2.29 (-0.59%)

After market: 383.6 0 (0%)

Technical Rating and Analysis

10

Overall HD gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HD is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, HD did better than 80% of all other stocks. On top of that, HD also shows a nice and consistent pattern of rising prices.
HD is part of the Specialty Retail industry. There are 126 other stocks in this industry. HD outperforms 72% of them.
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 368.87 - 396.87 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 3203910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
HD Weekly chart
HD Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, HD also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 382.74, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

268.02

387.44

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 376.23 to 382.74. 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 338.25 to 342.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @283.02 from a horizontal line in the weekly time frame.
  • Support @270.73 from a horizontal line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.17
Mansfield0.27
10 Day High396.87
10 Day Low371.14
20 Day High396.87
20 Day Low368.87
52 Week High396.87
52 Week Low274.26
Performance
1 Week-2.94%
2 Weeks2.22%
1 Month0.79%
3 Month10.69%
6 Month26.95%
12 Month29.98%
2 Year28.15%
3 Year25.67%
5 Year99.91%
10 Year384.77%
15 Year1528.18%
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)
Technical Indicators
MACD(12,26,9)-0.17
RSI(14)56.24
LBB366.94
UBB394.16
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
396.88376.2220.66 (5.21%)19.21%
An entry @396.88. This is a Buy Stop order right above the 10 day high.An exit @376.22. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 20.66 points, which is 5.21%.When investing 19.21% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
HD Daily chart

HOME DEPOT INC

NYSE:HD (3/28/2024, 8:15:05 PM)

After market: 383.6 0 (0%)

383.6

-2.29 (-0.59%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-0.59%
1 Week-2.94%
2 Weeks2.22%
1 Month0.79%
3 Month10.69%
6 Month26.95%
12 Month29.98%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)7.07
ATR(20)%1.64%
ATR Inc
Range Today7.88
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High396.87
10 Day Low371.14
20 Day High396.87
20 Day Low368.87
52 Week High396.87
52 Week Low274.26
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.11M
Volume Incr-11.3%
Vol(5)2.98M
Vol(50)3.20M