Trading Signals: HD Stock Price Prediction and Forecast

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Wed. Jul. 19, 2023

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

(Home Depot)
HD latest price $319.4800 (0.86%) ($316.6850 - $319.9400) on Wed. Jul. 19, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.45% (three month average)
RSI   66
Latest Price   $319.4800(0.86%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   HD advances 0.1% a day on average for past five trading days.
Weekly Trend   HD advances 1.3% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Value stock rally for small cap.
Correlated ETFs   Broad market will support HD advance at 0% a week (0% probability)
IWM(76%)    XHB(76%)    IWN(75%)    VYM(74%)    DIA(73%)
Factors Impacting HD price   HD will decline at least -0.725% in a week (0% probabilities).
VXX(-51%)    VIXM(-42%)    TBT(-36%)    UUP(-19%)    USO(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.725% (StdDev 1.45%)
Hourly BBV 1.6 ()
Intraday Trend 0.8%

5 Day Moving Average   $316.68(0.88%)
10 Day Moving Average   $313.29(1.98%)
20 Day Moving Average   $310.29(2.96%)
To recent high   0%
To recent low   13.2%
Market Cap   $351.428b

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 1.91% (three month std-dev: 1.45%) daily (68% of days).

Sample size 50 Average positive next day return: 0.88%(50%) Average negative next day return: -0.95%(50%) Sample size 50 Average positive next three day return: 1.23%(48%) Average negative next three day return: -1.6%(52%) Sample size 50 Average positive next weekly return: 2.23%(48%) Average negative next weekly return: -2.04%(52%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230819

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_19_2023	295.75	310.29	313.29	316.68	316.32	316.86	319.48(0.86%)	UT	OpenLong	75	0.5	58	10	53	74	2.36	56%	0.08	68.1	1.45%	1.6	1.5	66	1.5
2	Jul_18_2023	295.51	309.37	312.36	316.29	315.78	315.69	316.76(0.22%)	UT	HoldLong	50	0.1	1	-10	-13	42	2.32	56%	0.07	71.7	1.45%	0.7	1.3	52	1.9
3	Jul_17_2023	295.3	308.56	311.65	315.67	316.42	315.78	316.05(-0.14%)	UD	OpenLong	75	0.1	25	-10	16	53	2	56%	0.07	70.1	1.45%	1.6	1.3	58	1.4
4	Jul_14_2023	295.09	307.84	311.06	314.51	315.69	315.88	316.5(0.6%)	UT	OpenLong	75	0.4	27	20	17	57	2.94	56%	0.06	65.4	1.46%	-0	1.5	65	1.2
5	Jul_13_2023	294.91	307.01	310.16	311.77	313.49	317.06	314.6(-0.92%)	UD	OpenLong	75	0.5	123	100	133	92	3.23	56%	0.06	58.2	1.46%	-0.6	1.4	63	1

6	Jul_12_2023	294.72	306.31	309.33	309.26	310.16	315.5	317.52(1.23%)	UT	OpenLong	75	1.6	235	130	268	135	5.3	56%	0.08	54.1	1.45%	1	2.1	67	1.1
7	Jul_11_2023	294.49	305.28	308.8	307.91	306.81	309.91	313.66(1.09%)	UT	OpenLong	75	1.2	170	60	190	110	2.91	56%	0.07	53.5	1.45%	1.4	1.8	63	-0.3
8	Jul_10_2023	294.29	304.62	308.18	307.19	306.28	304.82	310.28(2.47%)	UT	OpenLong	75	0.7	28	-40	21	47	3.25	56%	-0.03	66	1.45%	2	1.3	62	-0.5
9	Jul_7_2023	294.37	304.17	307.28	307.26	307.09	303.71	302.81(0.26%)	DP	OpenShort	-75	-1	-147	-80	-184	-34	2.95	54%	-0.07	82.9	1.42%	-0.7	-0.3	53	-0.3
10	Jul_6_2023	294.57	303.88	307.23	308.26	308.88	307.75	302.02(-2.82%)	CR	SmallShort	-20	-1.3	-81	-20	-110	5	4.83	54%	-0.06	93.5	1.43%	-1.7	-0.4	55	-0.6

11	Jul_5_2023	294.76	303.5	307.22	309.16	309.4	310.46	310.8(0.25%)	UT	OpenLong	75	0.4	34	30	23	68	2.5	55%	-0.13	99.4	1.38%	0.7	1.6	65	0.9
12	Jul_3_2023	295.14	302.75	306.3	309.75	308.95	310.01	310.02(-0.2%)	UD	OpenLong	75	0.1	63	20	54	91	1.48	55%	-0.02	102.9	1.41%	0	1.4	69	1.2
13	Jun_30_2023	295.21	301.7	305.34	309.32	309.27	308.34	310.64(0.92%)	UT	OpenLong	75	0.3	57	-20	48	84	3.23	58%	-0.02	101.2	1.46%	1.5	1.8	62	1
14	Jun_29_2023	295.26	300.38	304.44	307.35	308.13	307.89	307.82(0.43%)	N/A	N/A	0	0.1	-23	0	-42	35	3.28	58%	-0.05	74.3	1.46%	-0.6	1.4	58	1
15	Jun_28_2023	295.4	299.6	303.67	306.03	306.62	310.2	306.51(-2.3%)	UD	OpenLong	75	0.1	104	90	108	90	4.02	58%	-0.06	59	1.46%	-0.8	1.1	64	1.2

16	Jun_27_2023	295.59	298.91	303.09	304.86	304.66	308.37	313.74(1.9%)	UT	HoldLong	65	1.4	223	80	248	149	5.34	62%	-0.05	56	1.43%	1.4	2.3	78	1.1
17	Jun_26_2023	295.75	297.54	301.37	302.4	302.29	303.03	307.89(2.35%)	UT	OpenLong	75	1	99	20	106	76	4.44	60%	-0.08	46.3	1.42%	2.2	1.9	67	1
18	Jun_23_2023	296	296.67	300.62	300.9	301.05	300.96	300.81(-0.12%)	CR	SmallShort	-20	-0	-19	-0	-34	26	8.47	57%	-0.14	40.8	1.39%	-1	0.8	70	1.1
19	Jun_22_2023	296.41	296.35	300.69	301.14	301.57	301.55	301.18(0.16%)	UT	OpenLong	75	0	30	0	15	73	3.05	54%	-0.09	49.7	1.39%	-1	0.9	75	1.4
20	Jun_21_2023	296.69	295.83	300.21	300.92	301.62	301.15	300.7(-0.24%)	UD	OpenLong	65	-0	7	-0	-13	65	2.71	54%	-0.08	50.8	1.42%	-0.5	0.9	59	1.3

21	Jun_20_2023	296.93	295.33	299.52	300.95	301.49	301.59	301.41(0.34%)	UT	HoldLong	50	0.1	9	10	-11	68	3.37	54%	-0.11	53	1.42%	0	1.1	59	1.2
22	Jun_16_2023	297.27	294.98	298.98	300.14	301.34	302.09	300.38(-0.54%)	UD	OpenLong	75	0	58	30	44	98	10.81	54%	-0.04	57.2	1.41%	0.2	1	64	1.6
23	Jun_15_2023	297.4	294.56	297.87	300.28	300.42	301.39	302.02(0.65%)	UT	OpenLong	75	0.3	40	20	23	89	4.11	54%	-0.12	63.4	1.41%	0	1.4	60	1.2
24	Jun_13_2023	297.77	293.6	296.1	300.22	300.64	300.6	300.08(-0.26%)	UD	OpenLong	75	-0	64	0	55	89	4.04	54%	-0.05	54.1	1.4%	-0.1	1.2	54	1.3
25	Jun_12_2023	297.92	293	295.31	299.4	300.21	299.44	300.86(1.18%)	UT	HoldLong	50	0.3	11	-10	-6	61	4.46	54%		52.8	1.4%	0.3	1.5	58	1.4
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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