Trading Signals: HD Stock Price Prediction and Forecast

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Tue. Oct. 13, 2020

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

(Home Depot)
HD latest price $290.3600 (1.2%) ($285.7000 - $290.7650) on Tue. Oct. 13, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.32% (three month average)
RSI   82
Latest Price   $290.3600(1.2%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   HD advances 1% a day on average for past five trading days.
Weekly Trend   HD advances 3.1% a week on average for past two weeks.
Market Behavior   Broad based sell-off 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(64%)    IVW(61%)    IWF(61%)    XHB(61%)
Factors Impacting HD price   HD will decline at least -0.66% in a week (0% probabilities).
VIXM(-34%)    UUP(-20%)    TBT(-12%)    VXX(-11%)    EDOC(-8%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.66% (StdDev 1.32%)
Hourly BBV 2.3 ()
Intraday Trend 1.6%

Inflection Point   Yes
5 Day Moving Average   $286.1(1.49%)
10 Day Moving Average   $282.62(2.74%)
20 Day Moving Average   $277.84(4.51%)
To recent high   -0.5%
To recent low   16.3%
Market Cap   $319.396b

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 2.43% (three month std-dev: 1.32%) daily (68% of days).

Sample size 29 Average positive next day return: 0.89%(48%) Average negative next day return: -1.31%(52%) Sample size 29 Average positive next three day return: 1.53%(48%) Average negative next three day return: -1.53%(52%) Sample size 29 Average positive next weekly return: 1.47%(59%) Average negative next weekly return: -2.41%(41%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20201113

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	Oct_13_2020	266.03	277.84	282.62	286.1	286.15	287.65	290.36(1.2%)	UT	HoldLong	65	0.6	117	40	96	179	2.7	61%	0.09	33.3	1.32%	2.3	1.9	82	2.1
2	Oct_12_2020	265.78	277.49	280.8	283.32	284.62	286.43	286.91(0.35%)	UT	OpenLong	75	0.6	129	60	117	164	2.41	61%	0.17	35.9	1.31%	0.6	1.5	65	2.7
3	Oct_9_2020	265.32	277.1	279.35	282.36	282.69	284.66	285.92(0.49%)	UT	OpenLong	75	0.6	115	50	103	151	2.24	61%	0.17	42.4	1.32%	1.4	1.5	65	2.6
4	Oct_8_2020	264.86	276.57	277.63	281.04	281.57	282.81	284.52(0.61%)	UT	OpenLong	75	0.6	126	40	122	139	2.25	61%	0.18	39.5	1.32%	1.6	1.4	59	1.7
5	Oct_7_2020	264.39	275.96	275.78	279.66	280.03	280.72	282.79(2.29%)	UT	OpenLong	75	0.6	50	20	42	75	3.42	61%	0.17	22.1	1.32%	1.9	1.3	51	1

6	Oct_6_2020	263.93	275.62	274.15	278.64	279.08	280.33	276.47(-2%)	UD	OpenLong	75	-0.4	61	40	64	53	2.99	58%	0.12	9.6	1.3%	-1.9	0.2	42	0.3
7	Oct_5_2020	263.61	275.29	273.81	277.77	278.18	279.34	282.1(1%)	UT	OpenLong	75	0.8	103	30	121	49	2.33	62%	0.16	-8.3	1.27%	1.6	1.3	42	0.6
8	Oct_2_2020	263.18	274.66	272.74	275.82	276.03	277.84	279.31(0.61%)	N/A	N/A	0	0.7	56	50	75	-1	2.94	62%	0.18	-33.3	1.28%	1.6	0.9	47	0.4
9	Oct_1_2020	262.72	274.4	272.22	273.66	274.72	277.03	277.62(-0.03%)	UD	OpenLong	75	0.8	149	70	191	22	2.69	62%	0.19	-58.4	1.28%	0.6	0.6	51	0.8
10	Sep_30_2020	262.23	274.79	272.31	271.28	271.84	274.23	277.71(2.06%)	N/A	N/A	0	1.1	102	70	139	-11	4.78	62%	0.17	-66.7	1.29%	1	0.5	56	0.8

11	Sep_29_2020	261.78	275.13	272.55	269.05	269.44	272.41	272.11(-0.08%)	N/A	N/A	0	0.5	86	80	125	-33	2.07	59%	0.14	-72.6	1.28%	0.7	-0.5	45	0.9
12	Sep_28_2020	261.41	275.74	273.78	269.05	268.99	269.45	272.33(1.41%)	N/A	N/A	0	0.5	83	10	114	-11	3.06	59%	0.15	-70	1.3%	1.4	-0.5	55	0.7
13	Sep_25_2020	261.03	276.41	274.57	269.29	269.01	266.47	268.55(1.07%)	DP	OpenShort	-75	-0.1	-104	-70	-110	-84	2.4	57%	0.15	-65.6	1.32%	0.6	-1.1	51	0.6
14	Sep_24_2020	260.63	277.4	275.41	270.62	270.07	268.53	265.7(-0.32%)	DT	OpenShort	-75	-0.7	-164	-50	-185	-100	3.03	57%	0.17	-54.3	1.31%	-1.3	-1.7	43	0.3
15	Sep_23_2020	260.2	278.7	276.26	273.47	272.44	271.55	266.55(-2.47%)	DT	OpenShort	-75	-1	-62	-30	-67	-48	4.46	57%	0.16	-37.9	1.33%	-2.1	-1.7	35	0.1

16	Sep_22_2020	259.78	279.72	277.42	276.49	274.62	271.6	273.31(0.35%)	DP	OpenShort	-75	-0.5	-127	-100	-147	-66	2.97	62%	0.2	-27.6	1.29%	0.2	-1	39	0.7
17	Sep_21_2020	259.26	280.39	277.15	278.94	277.45	273.33	272.35(-1.03%)	DT	OpenShort	-75	-1	-219	-120	-255	-110	3.54	62%	0.21	-18.9	1.29%	-0.9	-1.2	40	0.8
18	Sep_18_2020	258.71	280.97	277.01	280.6	280.83	277.64	275.19(-1.7%)	DT	OpenShort	-75	-0.8	-156	-80	-178	-89	6.08	62%	0.22	-11	1.29%	-1.3	-0.9	40	1.1
19	Sep_17_2020	258.14	281.28	276.99	280.83	281.87	281.58	279.96(-0.59%)	DT	OpenShort	-75	-0.1	-64	0	-64	-64	3.17	66%	0.23	-10.8	1.28%	-1.6	-0.2	41	1.1
20	Sep_16_2020	257.55	281.43	277.58	279.38	280.85	284.03	281.63(-1.38%)	N/A	N/A	0	0.4	91	100	125	-10	3.41	70%	0.25	-16.7	1.27%	-0.1	0	39	0.7

21	Sep_15_2020	256.9	281.58	277.87	278.46	278.87	282.17	285.58(1.76%)	UT	OpenLong	75	1.1	187	90	240	29	4.17	74%	0.27	-13.5	1.32%	1.3	0.6	49	0.6
22	Sep_14_2020	256.21	281.66	277.66	275.2	276.58	277.68	280.65(1.56%)	N/A	N/A	0	0.9	113	40	163	-36	3.05	72%	0.27	-18.1	1.31%	1.2	-0.2	44	0.6
23	Sep_11_2020	255.51	281.67	278.1	273	273.49	275.58	276.33(1.33%)	DP	OpenShort	-65	0.5	-6	60	28	-107	3.73	57%	0.3	-21.6	1.31%	0.3	-0.8	44	0.3
24	Sep_10_2020	254.75	281.97	279.26	272.66	272.53	275.48	272.7(-1.57%)	N/A	N/A	0	0	58	70	97	-58	3.17	55%	0.28	-15.3	1.51%	-0.4	-1.5	44	-0.6
25	Sep_9_2020	254.05	282.47	281.14	275.56	273.74	271.4	277.04(2.89%)	DP	OpenShort	-75	0.3	-18	-80	-2	-66	4.75	58%		8.2	1.5%	1.7	-0.9	45	-0.4
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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