(HD) Home Depot complete technical analysis [charts+indicators] | Buy/Sell Home Depot | (HD) share price targets
Complete technical analysis of Home Depot (HD) by charts plus indicators, forecast predictions and share price targets for Home Depot (HD)
Home Depot trades in USA in Consumer Services sector.
Showing technical analysis as on 2024-05-30 View latest technical analysis
10 day averaged volume of Home Depot is 3559127
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 329.18 | 326.26 | 330.22 | 325.71 | 0.821 times |
| 29 Wed May 2024 | 325.91 | 326.53 | 326.79 | 323.77 | 0.985 times |
| 28 Tue May 2024 | 328.70 | 325.39 | 330.99 | 324.48 | 1.07 times |
| 24 Fri May 2024 | 325.10 | 326.39 | 327.54 | 324.42 | 0.769 times |
| 23 Thu May 2024 | 326.89 | 330.98 | 331.00 | 326.00 | 1.13 times |
| 22 Wed May 2024 | 330.59 | 334.66 | 335.25 | 328.93 | 1.131 times |
| 21 Tue May 2024 | 336.15 | 339.00 | 339.00 | 332.33 | 1.201 times |
| 20 Mon May 2024 | 337.82 | 341.13 | 342.55 | 337.54 | 0.909 times |
| 17 Fri May 2024 | 344.21 | 344.76 | 344.93 | 340.59 | 0.769 times |
| 16 Thu May 2024 | 342.73 | 348.00 | 348.25 | 342.67 | 0.871 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 330.3, but if it comes above 330.3, then a intra day buy could be more profitable.
If you take a sell trade below 330.3, then use 330.3 as stoploss and 321.5 as target. However if you take a buy trade in stock , then use 330.3 as stoploss and 337.57 as target.
Share price targets for Home Depot (HD)
| Target Type | Value |
| Downside Target | 323.77 |
| Upside Target | 349.81 |
| Upside Target | 350.02 |
| Upside Target | 350.44 |
| Upside Target | 362.96 |
| Upside Target | 368.87 |
| Upside Target | 381.78 |
| Upside Target | 383.14 |
| Upside Target | 396.87 |
Intraday share price targets for Home Depot (HD)
| Target Type | Value |
| Downside Intraday Target | 324.97 |
| Downside Intraday Target | 320.76 |
| Upside Intraday Target | 332.19 |
| Upside Intraday Target | 335.2 |
| Downside Intraday Target | 327.98 |
Weekly technical analysis of Home Depot (HD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 329.18 | 325.39 | 330.99 | 323.77 | 0.56 times |
| 24 Fri May 2024 | 325.10 | 341.13 | 342.55 | 324.42 | 0.919 times |
| 17 Fri May 2024 | 344.21 | 348.06 | 350.44 | 333.00 | 1.196 times |
| 10 Fri May 2024 | 346.43 | 346.00 | 349.81 | 337.63 | 1.018 times |
| 03 Fri May 2024 | 342.85 | 335.00 | 346.88 | 329.43 | 0.956 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Home Depot (HD)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 329.18 | 333.01 | 350.44 | 323.77 | 0.904 times |
| 30 Tue Apr 2024 | 334.22 | 381.47 | 383.14 | 326.90 | 1.253 times |
| 28 Thu Mar 2024 | 383.60 | 380.36 | 396.87 | 368.87 | 1.084 times |
| 29 Thu Feb 2024 | 380.61 | 353.40 | 381.78 | 350.02 | 0.917 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Home Depot (HD)
Price action analysis of Home Depot ( (HD) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Home Depot ( (HD) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Home Depot ( (HD) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Home Depot ( (HD) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Home Depot stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Home Depot in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Home Depot Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Home Depot in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Home Depot is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 332.46 and Home Depot (HD) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Home Depot (HD) stock. Volume based technical analysis of Home Depot (HD) stock is negative.
Home Depot Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Home Depot ( (HD) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Home Depot ( (HD) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Home Depot ( (HD) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Home Depot ( (HD) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Home Depot stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Home Depot in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Home Depot Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Home Depot in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Home Depot is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 332.46 and Home Depot (HD) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Home Depot (HD) stock. Volume based technical analysis of Home Depot (HD) stock is negative.
Home Depot Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.