Trading Signals: HD Stock Price Prediction and Forecast

^ HD: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Fri. Jul. 23, 2021

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

(Home Depot)
HD latest price $332.8400 (1.89%) ($327.9400 - $333.4500) on Fri. Jul. 23, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.16% (three month average)
RSI   59
Latest Price   $332.8400(1.89%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   HD advances 0.7% a day on average for past five trading days.
Weekly Trend   HD advances 0.8% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Growth stock rally for small cap.
Correlated ETFs   Broad market will support HD advance at 0% a week (0% probability)
DIA(69%)    SPY(68%)    SDY(67%)    IVE(66%)    IWD(66%)
Factors Impacting HD price   HD will decline at least -0.58% in a week (0% probabilities).
VIXM(-34%)    UUP(-21%)    TBT(-12%)    VXX(-9%)    IGOV(0%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.58% (StdDev 1.16%)
Hourly BBV 1.8 ()
Intraday Trend 1%

5 Day Moving Average   $326.02(2.09%)
10 Day Moving Average   $323.46(2.9%)
20 Day Moving Average   $321.45(3.54%)
To recent high   -2.4%
To recent low   10%
Market Cap   $366.124b

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 1.35% (three month std-dev: 1.16%) daily (68% of days).

Sample size 12 Average positive next day return: 1.07%(58%) Average negative next day return: -0.79%(42%) Sample size 12 Average positive next three day return: 1.2%(75%) Average negative next three day return: -0.68%(25%) Sample size 12 Average positive next weekly return: 1.38%(83%) Average negative next weekly return: -1.27%(17%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210823

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_23_2021	312.06	321.45	323.46	326.02	326.7	328.95	332.84(1.89%)	UT	OpenLong	75	1.6	169	50	186	117	2.79	61%	0.27	95.6	1.16%	1.8	2.6	59	-0.2
2	Jul_22_2021	311.22	320.39	322.28	323.76	323.39	326.91	326.66(0.09%)	UT	OpenLong	75	0.7	122	70	136	79	2.21	56%	0.23	100.8	1.14%	0.5	1.6	55	-0
3	Jul_21_2021	310.51	319.64	321.45	322.97	322.47	324.46	326.36(0.31%)	UT	OpenLong	75	0.8	218	40	251	117	2.82	56%	0.22	103.1	1.15%	0.8	1.7	58	0.7
4	Jul_20_2021	309.84	318.96	321.08	321.54	320.79	319.87	325.35(2.03%)	UT	OpenLong	75	1	5	-30	2	13	4.25	56%	0.21	103.2	1.15%	1	1.6	58	-0.5
5	Jul_19_2021	309.19	318.09	320.44	319.88	320.02	320.49	318.87(-0.83%)	DT	OpenShort	-75	-0.2	-60	10	-72	-25	3.75	52%	0.2	82.5	1.13%	-1.2	0.2	58	-2.8

6	Jul_16_2021	308.57	317.35	320.82	320.45	320.59	321.7	321.54(-0.36%)	UD	OpenLong	75	0.2	94	30	104	65	3.62	55%	0.22	62.4	1.13%	0	0.8	62	0.3
7	Jul_15_2021	307.9	316.48	320.8	320.56	320.23	319.56	322.71(1.09%)	UT	HoldLong	50	0.3	9	-20	-1	39	2.57	55%	0.21	52.8	1.14%	1.9	1	66	1
8	Jul_14_2021	307.26	315.51	320.42	319.73	320.58	319.48	319.22(0.68%)	N/A	N/A	0	-0.1	-42	-20	-62	18	3.38	55%	0.17	43.3	1.14%	-0.2	0.6	63	1.6
9	Jul_13_2021	306.73	314.9	320.36	320.58	320.38	320.9	317.05(-1.46%)	N/A	N/A	0	-0.5	-23	10	-45	43	3.21	55%	0.14	43.1	1.14%	-2.2	0.3	59	1.2
10	Jul_12_2021	306.3	314.52	320.18	321.02	320.68	321.68	321.74(-0.11%)	UD	OpenLong	75	0.1	94	20	88	113	2.52	58%	0.14	44.5	1.12%	0.3	1.1	73	1.2

11	Jul_9_2021	305.88	313.95	319.41	321.21	320.39	319.86	322.09(1.11%)	UT	HoldLong	65	0.1	27	-20	3	100	2.59	60%	0.13	47.2	1.12%	0.7	1.2	78	1.1
12	Jul_8_2021	305.48	313.24	318.43	321.1	320.61	319.67	318.54(-1.53%)	N/A	N/A	0	-0.4	-32	-30	-71	85	3.64	60%	0.13	46.4	1.13%	-0.7	0.8	75	-0.1
13	Jul_7_2021	305.09	312.67	317.8	321.17	321.17	320.92	323.48(1.32%)	UT	HoldLong	50	0.4	28	-10	-6	129	2.93	64%	0.16	43.2	1.12%	1.1	1.7	85	1
14	Jul_6_2021	304.6	311.99	316.7	320.13	320.55	321.55	319.26(-1.07%)	UD	OpenLong	75	-0.1	62	30	33	149	3.11	62%	0.14	38.6	1.11%	-1	1.2	71	0.9
15	Jul_2_2021	304.18	311.49	315.59	319.13	319.76	321.42	322.7(0.36%)	UT	OpenLong	75	0.6	161	40	152	186	2.19	65%	0.15	28.8	1.13%	1.5	2	70	1.5

16	Jul_1_2021	303.71	310.84	313.62	317.32	317.53	319.56	321.54(0.83%)	UT	OpenLong	75	0.9	128	50	122	145	2.55	65%	0.15	15.3	1.14%	1.6	2.2	65	1.7
17	Jun_30_2021	303.27	310.26	311.78	315.38	315.74	318.1	318.89(0.2%)	UT	OpenLong	75	0.8	154	60	160	137	3.06	65%	0.14	-0.7	1.13%	0.8	2	65	1.5
18	Jun_29_2021	302.84	309.91	310.16	313.93	314.32	315.51	318.24(1.26%)	UT	OpenLong	75	1.1	129	30	136	107	3.13	65%	0.13	-15.2	1.14%	1.4	2	66	1.4
19	Jun_28_2021	302.45	309.74	308.91	312.83	312.95	313.37	314.28(0.21%)	UT	OpenLong	75	0.4	37	10	33	50	2.63	64%	0.12	-23.1	1.13%	1.1	1.2	54	1.7
20	Jun_25_2021	302.09	309.89	308.34	311.49	312.38	313.14	313.63(0.57%)	UT	OpenLong	75	0.5	76	30	82	56	11.73	68%	0.12	-26.9	1.16%	2.1	0.9	54	2

21	Jun_24_2021	301.74	310.08	307.97	309.29	310.73	312.52	311.84(0.05%)	UT	OpenLong	75	0.6	107	50	125	52	2.65	68%	0.13	-35.9	1.17%	-0.1	0.4	50	1.7
22	Jun_23_2021	301.35	310.31	307.56	307.54	307.72	311.63	311.67(-0.33%)	UD	OpenLong	75	0.9	150	90	182	54	2.56	68%	0.13	-41.8	1.18%	0.7	0.3	49	1.7
23	Jun_22_2021	300.95	310.53	307.08	305.76	305.44	308.94	312.71(1.66%)	UT	OpenLong	75	1.4	216	80	267	63	4.42	68%	0.15	-50.3	1.18%	1.3	0.4	47	1.4
24	Jun_21_2021	300.51	310.6	306.79	304.51	303.75	303.82	307.6(1.65%)	RB	SmallLong	20	0.6	49	-10	77	-35	3.7	66%	0.12	-61.5	1.16%	1.3	-0.6	33	0.6
25	Jun_18_2021	300.14	311	306.99	304.86	303.82	301.94	302.61(-0.17%)	DT	HoldShort	-65	-0.4	-131	-50	-132	-129	8.79	67%		-66.7	1.17%	-0	-1.7	18	-0.2
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

Click to see actual return for next trading day.