Home Depot (HD) Closes Prior Hour Down -0.16%; is Inching Close to 20 Day Average, in an Uptrend Over Past 14 Days, Doji and Pin Bar Patterns Appearing on Chart
This move is a reversal from the hour prior, which saw price move up.
HD
(Last Updated January 18, 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:
The Trend
As for trends on HD, we’re seeing an uptrend on shorter timeframes — but a downtrend 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.
HD Moving Averages
HD’s moving averages tell a multi-facted story about its trend. The 20 and 200 day averages are pointing upwards, suggesting a bullish trend, while the 50 and 100 day averages are pointing downward, suggesting a bearish trend on those timeframes.
Below is a chart showing HD’s price with its moving averages.
Home Depot (HD) Price Near $270.97; 4 Day Up Streak Snapped, Eyes 20 Day Average, Price Base in Formation Over Past 14 Days
This stock is heading for $400 after the stimulus comes out.
Home Depot (HD) Price Near $273.96; Moves Up For the 4th Straight Day
This move is a reversal from the hour prior, which saw price move up.
Home Depot (HD) Closes Prior Hour Up 0.11%; Moves Up For the 3rd Consecutive Day, Eyes 20 Day Average, Crosses 20 Day Moving Average
This is the 2nd hour in a row hd has seen its price head up.
Home Depot Inc (HD) Down 0.35%; Pin Bar Pattern Appearing on Chart
It’s been a feast for bulls operating on an hourly timeframe, as hd has now gone up 8 of the past 10 hours.
Home Depot (HD) Closes Prior Hour Up 0.15%; Moves Down For the 5th Straight Day
The change in price came along side change in volume that was down 16.88% from previous day, but up 225.81% from the monday of last week.
Home Depot (HD) Closes Prior Hour Up 0.09%; Moves Down For the 5th Straight Day
It’s been a feast for bulls operating on an hourly timeframe, as hd has now gone up 4 of the past 5 hours.
Home Depot Inc (HD) Moves Down For the 3rd Consecutive Day; Price Base in Formation Over Past 90 Days
It’s been a feast for bears operating on an hourly timeframe, as hd has now gone down 4 of the past 5 hours.
Home Depot Inc (HD) Heads Down For the 2nd Day In A Row, Crosses 20 and 100 Day Moving Averages; Price Base in Formation Over Past 90 Days
As for how volume fared, yesterday’s volume was up 5.67% from the previous day (tuesday), and up 1.34% from wednesday of the week before.
Home Depot Inc (HD) Down 0.29%, Breaks Below 50 Day Average; Price Base in Formation Over Past 90 Days
The price move occurred on volume that was down 14.7% from the day prior, but up 0.74% from the same day the week before.