Trading Signals: HD Stock Price Prediction and Forecast

^ HD: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Wed. Jul. 1, 2020

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

(Home Depot)
HD latest price $248.1500 (-0.94%) ($246.9300 - $250.3290) on Wed. Jul. 1, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.15% (three month average)
RSI   62
Latest Price   $248.1500(-0.94%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   HD advances 0.2% a day on average for past five trading days.
Weekly Trend   HD advances 0.2% a week on average for past two weeks.
Market Behavior   Growth stock rally for large cap. Value stock sell-off for small cap.
Correlated ETFs   Broad market will support HD advance at 0% a week (0% probability)
DIA(65%)    SPY(65%)    XHB(62%)    IVW(61%)    IWF(61%)
Factors Impacting HD price   HD will decline at least -1.075% in a week (0% probabilities).
VIXM(-35%)    UUP(-21%)    VXX(-12%)    TBT(-10%)    IGOV(2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.075% (StdDev 2.15%)
Hourly BBV 0.5 ()
Intraday Trend -0.6%

Resistance Level   $248.31
5 Day Moving Average   $246.23(0.78%)
10 Day Moving Average   $247.23(0.37%)
20 Day Moving Average   $248.31(-0.06%)
To recent high   -3.4%
To recent low   38.9%
Market Cap   $272.965b

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 1.94% (three month std-dev: 2.15%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200801

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	Jul_1_2020	222.99	248.31	247.23	246.23	246.22	248.43	248.15(-0.94%)	UD	OpenLong	75	0.4	47	60	54	27	3.68	64%	0.03	-15.5	2.15%	0.5	-0	62	0.6
2	Jun_30_2020	222.92	248.44	247.46	245.83	245.15	246.82	250.51(1.78%)	UT	OpenLong	75	1	60	40	70	28	4.52	50%	0.04	-14.2	2.3%	1.4	0.4	46	0.3
3	Jun_29_2020	222.82	248.52	247.34	245.79	244.49	244.02	246.12(2.12%)	DP	OpenShort	-75	0.1	-12	-30	-12	-12	3.47	50%	0.04	-5.1	2.32%	0.9	-0.5	40	-0.2
4	Jun_26_2020	222.73	248.6	246.94	246.4	246.16	243.47	241.01(-1.78%)	DT	OpenShort	-75	-1.1	-50	-80	-54	-39	4.99	63%	0.01	3.1	2.34%	-1.7	-1.6	34	-0.9
5	Jun_25_2020	222.71	249.02	247.2	247.53	247.58	244.96	245.38(-0.3%)	DT	OpenShort	-75	-0.5	-86	-70	-95	-60	2.94	63%	0.04	17.8	2.48%	-0.8	-0.8	40	-0.3

6	Jun_24_2020	222.63	249.05	246.71	248.29	248.75	248.86	246.13(-1.67%)	DT	OpenShort	-75	-0.5	-41	10	-40	-42	3.87	75%	0.05	29.5	2.49%	-1	-0.6	49	-0.7
7	Jun_23_2020	222.52	249.14	247.47	249.24	249.53	250.21	250.31(0.46%)	N/A	N/A	0	0.2	17	20	25	-6	3.1	78%	0.09	43.7	2.97%	0.7	0.2	50	-0
8	Jun_22_2020	222.33	248.78	247.99	249.16	249.66	248.64	249.16(1.02%)	DP	OpenShort	-75	0	-3	-20	-0	-13	3.81	78%	0.1	40.2	3.06%	0.2	0.1	47	-0.2
9	Jun_19_2020	222.11	248.45	248.65	247.6	249.75	248.84	246.65(-1.03%)	DT	OpenShort	-75	-0.2	-6	0	-3	-14	10.8	70%	0.06	32.4	3.16%	-0.6	-0.4	51	-0.8
10	Jun_18_2020	221.97	248.21	249.44	246.76	247.26	250.68	249.21(-0.65%)	N/A	N/A	0	0.5	17	100	23	-3	3.37	59%	0.07	32.2	3.17%	-1.2	0.2	52	-0.7

11	Jun_17_2020	221.82	247.7	249.42	244.82	245.34	250.66	250.85(0.36%)	UT	OpenLong	75	1.1	94	160	115	29	4.23	62%	0.08	26.8	3.46%	0.7	0.6	57	-0.9
12	Jun_16_2020	221.64	247.1	249.41	245.54	243.28	243.84	249.95(3.56%)	UT	OpenLong	75	0.7	28	-10	36	2	5.28	49%	0.09	33.2	3.5%	1.4	0.5	53	-1
13	Jun_15_2020	221.45	246.86	249.65	246.9	245.13	240.02	241.36(-0.45%)	DT	OpenShort	-75	-0.9	-59	-170	-69	-28	6.24	46%	0.05	46.9	4.31%	-0.3	-0.9	52	-1.3
14	Jun_12_2020	221.35	246.82	250.37	249.98	249.7	242.73	242.45(1.24%)	DP	OpenShort	-75	-1.2	-93	-200	-113	-33	5.08	46%	0.04	65.2	4.41%	-1	-0.7	54	-1.4
15	Jun_11_2020	221.26	246.51	251.09	252.47	253.09	250.25	239.47(-5.89%)	DT	OpenShort	-75	-2	-70	-70	-89	-13	6.57	43%	0.03	75	4.61%	-2.2	-1.1	52	-2.6

16	Jun_10_2020	221.2	246.17	251.86	254.37	255.61	256.67	254.45(-0.9%)	UD	OpenLong	75	0	25	40	20	40	3.55	49%	0.1	79.6	4.61%	-0.6	1.1	75	0.9
17	Jun_9_2020	220.98	245.11	251.16	253.68	253.93	255.94	256.76(0%)	UT	HoldLong	50	0.4	30	60	25	45	3.71	46%	0.17	80.3	4.69%	1.2	1.5	79	1
18	Jun_8_2020	220.61	244.07	249.74	252.87	252.51	254.54	256.77(0.73%)	UT	OpenLong	75	0.5	39	50	37	46	3.81	46%	0.12	91.2	4.8%	1.2	1.8	62	1.6
19	Jun_5_2020	220.35	242.93	248.24	250.97	251.45	251.93	254.9(2.39%)	UT	OpenLong	75	0.6	31	20	28	39	5.05	44%	0.12	100.4	4.81%	1.6	1.8	67	2
20	Jun_4_2020	220.08	241.65	246.83	249.69	249.77	250.48	248.95(-0.82%)	UD	OpenLong	65	-0.1	6	20	-1	27	4.77	47%	0.11	103.6	4.82%	-2.5	1.1	68	1.6

21	Jun_3_2020	219.83	240.44	245.81	248.92	249.27	250.98	251(-0.68%)	UD	OpenLong	75	0.3	29	50	25	40	4.64	47%	0.13	92.9	4.87%	0.9	1.4	74	1.7
22	Jun_2_2020	219.54	239.19	244.52	248.2	248.62	249.05	252.71(2.19%)	UT	OpenLong	75	0.6	32	20	29	42	5.3	48%	0.14	94.1	4.87%	1.9	1.8	71	1.3
23	Jun_1_2020	219.24	237.65	243.67	246.15	246.89	247.57	247.29(-0.48%)	UD	OpenLong	75	0.1	8	30	-0	30	3.41	48%	0.11	88.1	4.87%	-0.5	1.2	61	1
24	May_29_2020	219	236.25	242.87	245.07	246.17	248.19	248.48(1.36%)	UT	OpenLong	75	0.4	36	70	34	43	5.4	48%	0.11	82.4	4.9%	0.6	1.4	65	1.3
25	May_28_2020	218.76	234.83	241.49	243.55	244.4	246.2	245.14(-0.9%)	UD	OpenLong	75	0.2	39	60	38	43	5.25	48%		86.3	4.94%	0.5	1.2	67	0.9
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

Click to see actual return for next trading day.