Home Depot Inc (HD) Down 0.75%; in an Uptrend Over Past 14 Days
This move happened on lower volume, as yesterday’s volume was down 28.76% from the day before — and down 39.48% from the same day the week before.
(Last Updated January 26, 2021)
Welcome to the news page for Home Depot Inc (HD). Below you’ll find our daily market updates. Here’s a technical and fundamental summary of where things currently stand:
A trend/countertrend situation exists on HD, in which an uptrend exists on shorter timeframes but a downtrend appears on the 90 day timeframe. The countertrend on the shorter timeframe may provide an opportunity to sell for those interested in playing the longer term trend.
The moving averages on HD indicate a trend that is clearly bullish. Moreover, today we saw the 100 moving average turn bullish.
The chart below illustrates.
This move happened on lower volume, as yesterday’s volume was down 28.76% from the day before — and down 39.48% from the same day the week before.
The change in price came along side change in volume that was up 14.08% from previous day, but down 7.51% from the tuesday of last week.
As for how volume fared, yesterday’s volume was up 6.22% from the previous day (sunday), and up 13.89% from monday of the week before.
I heard @costco instructs both customers and employees to wear masks in their stores, so other stores are being much more responsible.
As for how volume fared, yesterday’s volume was up 17.66% from the previous day (wednesday), and up 6.29% from thursday of the week before.
This move happened on lower volume, as yesterday’s volume was down 13.84% from the day before — and down 7.9% from the same day the week before.
This move happened on lower volume, as yesterday’s volume was down 7.18% from the day before — and down 24.39% from the same day the week before.
The change in price came along side change in volume that was up 8.87% from previous day, but down 24.49% from the monday of last week.
Daily chart looks good on strong technical's with clear weekly support line to watch and strengthening tech's..
(Trade 1) was a short divergence trade on hd that could be held from 9:35am-9:48am the algo started selling as the price was rising at 9:30 am with a trend reversal at 9:35am at resistance.