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Home Depot Inc. (HD) — Downtrend in force
Home Depot Inc. (HD) is trading at $282.85, -10.35 (13.8%) on the session. Over the last 127 sessions the trend is down with a -13.4% move. Price is -21.0% from its 6-month high and +0.1% from its 6-month low. Annualised volatility (30-day) is ~19%.
Probability scenarios
Bearish bias — 1 bullish, 6 bearish, 1 neutral of 8 signals.
Trend Downtrend in force
Home Depot Inc. (HD) is trading at $282.85. Over the last 127 sessions the trend is **down** with a -13.4% move.
Price is -21.0% from the 6-month high and +0.1% from the low. Annualised volatility (30-day) is ~19%.
Price is below the 15-day MA ($293.71, -3.7%) and below the 50-day SMA ($321.58).
Bollinger Bands Near the lower band — weakness
Bollinger Bands (20, 2): price is at $282.85, upper $317.77, middle $297.76, lower $277.75. Price is near the lower band — weakness.
Bandwidth is 13.4% of price — moderate. Width contraction often precedes a directional breakout; expansion confirms one underway.
RSI (14) Weakening
RSI(14) is 21.9. Nearing the 30 oversold line.
Generally: above 70 = overheated, above 50 = bullish trend, below 50 = bearish trend, below 30 = oversold.
MACD (12, 26, 9) Bearish — momentum slowing
MACD (12, 26, 9): line $-11.03, signal $-10.35, histogram -0.676.
The fast line has crossed below the signal line and the histogram is negative. Price may still be rising overall, but momentum is weakening — often seen before a correction, a sideways consolidation, or a final push higher.
Volume Analysis Balanced volume
Up-day and down-day volume are roughly even (ratio 1.17) over the recent 19 sessions — no strong conviction either way.
Rule of thumb: price up on high volume = accumulation; price down on high volume = distribution. Low-volume pullbacks after a rally are usually profit-taking, not panic.
Smart Money (A/D) Smart money distributing
The A/D line is falling and well off highs. If smart money were exiting you would expect lower highs and volume spikes on down days — distribution pressure is building.
A/D combines price position within the day's range with volume: rising = net buying pressure, falling = net selling pressure. It often leads price at turning points.
Anchored VWAP Below anchored VWAP — period buyers underwater
Price ($282.85) is -12.6% below the anchored VWAP ($323.61). Period buyers are underwater — overhead supply tends to cap rallies.
Anchored VWAP is the volume-weighted average from the start of the scraped series — a proxy for the period's average institutional cost basis.
Key Levels 3 resistance / 1 support levels
Current price $282.85. Resistance above: $283.85, $301.74, $306.31. Support below: $277.15.
Watch $283.85 as the first upside level to clear, and $277.15 as the first downside level to hold. A clean break of either often determines the next leg.
Resistance
$283.85
Resistance
$301.74
Resistance
$306.31
Support
$277.15
Signal breakdown
- Trend (6mo) Bearish Linear-regression slope is down (-13.4% over the period).
- Price vs 50-day SMA Bearish Price is below the 50-day SMA ($321.58).
- RSI (14) Bullish RSI 22 — oversold, bounce setup.
- MACD (12,26,9) Bearish Histogram negative (-0.676) — fast line below signal.
- Bollinger %B Bearish Price in the lower half of the bands (%B 0.13).
- Volume profile Neutral Volume balanced between up and down days.
- A/D line Bearish A/D line slope is falling — distribution pressure.
- AVWAP Bearish Price below anchored VWAP ($323.61).
Generated from 127 daily closes in the scraped 6-month OHLCV series (quote data 2026-10-03T17:01:50.807866990Z). Every level, rating, and probability traces to a computed indicator — no commentary is hand-written or fixed per symbol. Recomputed on each page load from the latest scrape.