HOME DEPOT INC (HD) Stock Technical Analysis
NYSE:HD - New York Stock Exchange, Inc. - US4370761029 - Common Stock - Currency: USD
Taking everything into account, HD scores 1 out of 10 in our technical rating. HD has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
HD is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
HD is part of the Specialty Retail industry. There are 121 other stocks in this industry. HD outperforms 73% of them.
HD has an average volume of 4008210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, HD outperforms 51% of them, which is more or less in line with the market.
In the last month HD has a been trading in the 326.31 - 372.31 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, HD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 355.07. Right above this resistance zone may be a good entry point.
More info and screens
338.98
433.82
2 important support areas can be observed.
- A support zone ranging from 350.59 to 351.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @342.40 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 355.07 to 356.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 370.90 to 373.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @385.58 from a trend line in the weekly time frame.
- Resistance @429.52 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.14
Mansfield0.12
10 Day High365.44
10 Day Low326.31
20 Day High372.31
20 Day Low326.31
52 Week High439.37
52 Week Low323.77
Performance
1 Week0.41%
2 Weeks-0.24%
1 Month-0.13%
3 Month-13.27%
6 Month-14.44%
12 Month5.87%
2 Year18.14%
3 Year18.2%
5 Year61.52%
10 Year231.89%
15 Year907.83%
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)1.06
RSI(14)47.08
LBB336.43
UBB372.81
355.06
+9.07 (+2.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg2.62%
1 Week0.41%
2 Weeks-0.24%
1 Month-0.13%
3 Month-13.27%
6 Month-14.44%
12 Month5.87%
2 Year18.14%
3 Year18.2%
5 Year61.52%
10 Year231.89%
15 Year907.83%
Volatility
ATR(14)14.47
ATR(20)%3.47%
ATR Inc-22.52%
Range Today9.13
ADR(20)11.35
ADR(20)%3.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.14
Mansfield0.12
10 Day High365.44
10 Day Low326.31
20 Day High372.31
20 Day Low326.31
52 Week High439.37
52 Week Low323.77
CS1 End351.14
CR1 Start355.07
Volume & EV
DER(3)0.38%
DER(5)0.29%
Volume3.23M
Volume Incr-32.86%
Vol(5)3.03M
Vol(50)4.01M