Home Depot Inc (HD) Up 1.78%; Crosses 20 Day Moving Average

Home Depot Inc 4 Hour Price Update

Updated July 01, 2020 04:32 PM GMT (12:32 PM EST)

HD traders saw its share price decline -1% ($-2.51) over the past four hours of trading. For context, Home Depot Inc’s peers in the in the Retail industry are down -2.05% on average in this time, while its peers in the broader Consumer Cyclical sector are down by an average of 0%.

Home Depot Inc Daily Price Recap

Home Depot Inc came into today up 1.78% ($4.39) from the open of the day prior, marking the 2nd day in a row an upward move has occurred. The change in price came along side change in volume that was up 30.49% from previous day, but down 59.3% from the Tuesday of last week. Here is a daily price chart of Home Depot Inc.

Home Depot Inc Technical Analysis

Notably, Home Depot Inc crossed above its 20 day moving average yesterday. Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up. For additional context, note that price has gone up 5 out of the past 10 days.

Overheard Around the Web

Here’s what one trader on StockTwits recently had to say in regards to HD:

    $HD 30-Jun
    – Daily stock market timing forecast –
    ◆ Investing view
    => Sell – Bearish
    ◆ Search for the daily stock market timing forecast
    ◆ Upper~Lower stock price band for the next 10 days
    Price: 242.91 ~ 252.40
    % Change: -3.03% ~ 0.76%
    ◆ Today's Supply-Demand(S&D) strength
    => Supply-Demand(S&D) strength flow appropriate to the current trend.

    ◆ Daily Supply-Demand(S&D) strength Trend
    => In the midst of a rebounding trend of upward direction box pattern price flow marked by limited falls and upward fluctuations.