Trading Signals: HD Stock Price Prediction and Forecast

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Fri. Mar. 6, 2020

Trading Signals: HD Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Dec. 22, 2023)

(Home Depot)
HD latest price $228.5100 (-2.68%) ($222.2500 - $230.2900) on Fri. Mar. 6, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.42% (three month average)
RSI   36
Latest Price   $228.5100(-2.68%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   HD advances 0.3% a day on average for past five trading days.
Weekly Trend   HD declines -2.5% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support HD advance at 0% a week (0% probability)
DIA(77%)    SPY(76%)    IVE(73%)    IVW(73%)    IWD(73%)
Factors Impacting HD price   HD will decline at least -0.71% in a week (0% probabilities).
VIXM(-55%)    VXX(-22%)    UUP(-7%)    TLT(-6%)    IGOV(1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.71% (StdDev 1.42%)
Hourly BBV -1.4 ()
Intraday Trend -0.1%

Inflection Point   Yes
Resistance Level   $237.36
5 Day Moving Average   $232.46(-1.7%)
10 Day Moving Average   $232.33(-1.64%)
20 Day Moving Average   $237.36(-3.73%)
To recent high   -7.5%
To recent low   7.8%
Market Cap   $251.361b

Home Depot, Inc. is a home improvement retailer, which engages in the sale of building materials and home improvement products. Its products include building materials, home improvement products, lawn and garden products, and decor products. It offers home improvement installation services and tool and equipment rental. The company was founded by Bernard Marcus, Arthur M. Blank, Kenneth Gerald Langone and Pat Farrah on June 29, 1978 and is headquartered at Atlanta, GA.

$. HD price fluctuates within 2.89% (three month std-dev: 1.42%) daily (68% of days).

Sample size 3 Average positive next day return: 0%(0%) Average negative next day return: -2.53%(100%) Sample size 3 Average positive next three day return: 0%(0%) Average negative next three day return: -2.36%(100%) Sample size 3 Average positive next weekly return: 1.55%(67%) Average negative next weekly return: -8.34%(33%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200406

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Mar_6_2020	228.74	237.36	232.33	232.46	232.12	231.08	228.51(-2.68%)	DT	OpenShort	-75	-0.6	-163	-40	-161	-169	7.37	56%	-0.04	-10.4	1.42%	-1.4	-1.3	36	-2.3
2	Mar_5_2020	228.83	237.92	233.93	231.7	231.55	236.12	234.81(-2.6%)	N/A	N/A	0	0.5	162	140	224	-24	6.47	59%	-0	-10.2	1.37%	0.1	-0.5	43	-2.1
3	Mar_4_2020	228.84	238.1	235.01	229.68	226.86	233.16	241.08(5.76%)	RB	SmallLong	20	1.8	200	160	274	-21	6.69	64%	0.03	-16.1	1.33%	1.6	0.5	49	-1.6
4	Mar_3_2020	228.78	237.8	235.12	228.52	225.34	226.98	227.94(-0.87%)	N/A	N/A	0	-0.1	148	10	224	-80	7.86	54%	-0.03	-20.5	1.11%	0.9	-1.5	33	-2.3
5	Mar_2_2020	228.85	238.07	236.73	230.41	227.21	220.56	229.94(2.32%)	DP	OpenShort	-75	-0.1	-259	-250	-263	-245	7.11	52%	-0.02	-12.9	1.13%	0.5	-1.3	37	-1.9

6	Feb_28_2020	228.89	238.08	238.25	232.36	231.34	223.7	224.73(0%)	DT	HoldShort	-50	-1.2	-581	-240	-652	-367	11.66	46%	-0.03	-6.7	1.11%	-1.4	-2.1	36	-2.8
7	Feb_27_2020	228.97	238.59	240.14	236.49	237.38	233.86	224.73(-4.48%)	DT	OpenShort	-75	-2	-325	-90	-368	-196	7.54	46%	-0.02	11.6	1.12%	-2	-2.4	34	-3.1
8	Feb_26_2020	229.01	239.16	242.01	240.94	241.21	239.07	235.28(-0.88%)	DT	OpenShort	-75	-1.1	-145	-60	-175	-56	6.97	54%	0.04	40.1	0.96%	-1.8	-0.8	48	-2.4
9	Feb_25_2020	228.92	239.14	242.73	242.62	243.22	240.94	237.38(-0.97%)	DT	OpenShort	-75	-1	-122	-60	-159	-9	7.99	54%	0.05	50.5	0.96%	-1.9	-0.4	58	-3.2
10	Feb_24_2020	228.81	238.88	243.14	243.93	243.98	243.32	239.7(-2.3%)	CR	SmallShort	-20	-0.8	-99	-20	-145	40	5.34	56%	0.05	55.2	0.95%	-1.5	0.2	68	-3.1

11	Feb_21_2020	228.69	238.52	243	244.99	244.71	245.47	245.34(-0.68%)	UD	OpenLong	75	0.1	89	20	61	171	3.85	61%	0.09	62	0.9%	0.3	1.2	84	-0.8
12	Feb_20_2020	228.49	237.92	242.36	244.4	244.43	244.64	247.02(1.39%)	UT	OpenLong	75	0.5	102	10	74	186	3.7	56%	0.1	69.4	0.9%	2.2	1.7	73	0.4
13	Feb_19_2020	228.27	237.18	241.45	243.31	243.67	243.95	243.64(-0.12%)	UD	OpenLong	75	0.1	48	10	13	152	2.71	44%	0.06	78.7	0.94%	-0.9	1.3	67	1
14	Feb_18_2020	228.14	236.63	240.62	242.91	242.9	244.23	243.94(-0.44%)	UD	OpenLong	75	0.2	76	40	55	139	2.96	44%	0.05	89.9	1.18%	0.2	1.5	67	0.8
15	Feb_14_2020	228.03	236.01	239.42	242.25	242.31	243.39	245.03(1.1%)	UT	OpenLong	75	0.6	133	30	123	164	2.84	44%	0.07	99.5	1.17%	1.2	2	73	0.9

16	Feb_13_2020	227.88	235.18	237.77	240.7	240.97	241.58	242.36(0.32%)	UT	OpenLong	75	0.4	66	20	51	111	2.47	44%	0.07	100.6	1.16%	0.9	1.7	68	0.6
17	Feb_12_2020	227.73	234.3	236.8	240	239.79	241.23	241.59(-0.02%)	UD	OpenLong	75	0.4	67	40	55	104	3.52	44%	0.07	95.2	1.17%	0.7	1.7	63	1
18	Feb_11_2020	227.56	233.38	236.01	239.3	239.29	240.36	241.64(0.43%)	UT	OpenLong	75	0.5	124	30	123	127	2.69	44%	0.07	90.5	1.17%	1.2	1.8	64	0.1
19	Feb_10_2020	227.4	232.47	235.18	237.97	238.23	238.35	240.61(1.39%)	UT	OpenLong	75	0.6	51	10	41	81	2.57	44%	0.07	86.2	1.17%	2.2	1.7	63	0.2
20	Feb_7_2020	227.24	231.64	234.21	236.16	237.35	238.22	237.3(-0.64%)	UD	OpenLong	75	0.2	57	40	54	64	2.38	41%	0.04	82.9	1.16%	-0.7	1.2	60	-0.1

21	Feb_6_2020	227.15	231.03	233.66	234.32	235.98	238.11	238.84(0.31%)	UT	OpenLong	75	1	122	80	135	81	3.93	41%	0.04	78.4	1.15%	1.2	1.7	69	0.2
22	Feb_5_2020	227.06	230.18	233.07	233.11	233.86	236.48	238.11(1.32%)	UT	OpenLong	75	1.1	137	90	152	91	3.85	41%	0.04	75	1.16%	1.4	1.7	73	0.1
23	Feb_4_2020	226.98	229.21	232.49	232.29	232.6	233.85	235(1.49%)	UT	OpenLong	75	0.6	112	40	119	89	3.49	38%	0.02	67.9	1.16%	1.3	1.2	73	-0.7
24	Feb_3_2020	226.94	228.47	232.25	232.06	232.38	231.25	231.54(1.51%)	UD	OpenLong	65	-0.1	1	-30	-17	53	5.06	35%	-0.01	65.5	1.15%	0.5	0.6	68	-1.4
25	Jan_31_2020	226.97	227.87	232.3	231.99	232.88	231.35	228.1(-2.01%)	N/A	N/A	0	-0.7	-74	-30	-109	33	5.3	31%		60.3	1.14%	-1.9	0	62	-2.4
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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