Trading Signals: HD Stock Price Prediction and Forecast

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

Wed. Sep. 29, 2021

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

(Home Depot)
HD latest price $336.9300 (0.94%) ($333.3600 - $338.8800) on Wed. Sep. 29, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.08% (three month average)
RSI   58
Latest Price   $336.9300(0.94%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   HD advances 0.2% a day on average for past five trading days.
Weekly Trend   HD advances 0.7% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Growth stock sell-off for small cap.
Correlated ETFs   Broad market will support HD advance at 0% a week (0% probability)
DIA(70%)    SDY(68%)    SPY(68%)    IVE(67%)    IWD(66%)
Factors Impacting HD price   HD will decline at least -0.54% in a week (0% probabilities).
VIXM(-34%)    UUP(-21%)    TBT(-12%)    VXX(-8%)    IGOV(-8%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.54% (StdDev 1.08%)
Hourly BBV 0.3 ()
Intraday Trend 1.1%

5 Day Moving Average   $337.11(-0.05%)
10 Day Moving Average   $335.71(0.36%)
20 Day Moving Average   $333.08(1.16%)
To recent high   -1.3%
To recent low   6.3%
Market Cap   $370.623b

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 1.17% (three month std-dev: 1.08%) daily (68% of days).

Sample size 11 Average positive next day return: 0.58%(36%) Average negative next day return: -0.42%(64%) Sample size 11 Average positive next three day return: 1.05%(45%) Average negative next three day return: -0.89%(55%) Sample size 11 Average positive next weekly return: 1.73%(36%) Average negative next weekly return: -1.12%(64%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20211029

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	Sep_29_2021	322.87	333.08	335.71	337.11	337.28	336.33	336.93(0.94%)	DP	OpenShort	-75	-0	-70	-20	-93	-1	2.41	60%	0.02	82.9	1.08%	0.3	1	58	-1.1
2	Sep_28_2021	322.8	332.59	335.34	336.57	337.32	338.38	333.8(-2.23%)	UD	OpenLong	75	-0.7	35	30	30	50	3.14	60%	-0.02	75.6	1.09%	-1	0.3	59	-1.1
3	Sep_27_2021	322.88	332.11	335.52	336.05	336.58	338.24	341.41(1.16%)	UT	OpenLong	75	1.3	144	40	157	106	2.97	65%	0.01	64.1	1.05%	1.4	2.2	69	1.3
4	Sep_24_2021	322.86	331.11	334.54	334.9	334.58	336.27	337.49(0.46%)	UT	OpenLong	75	0.6	69	30	69	68	2.01	64%	-0.03	57.3	1.04%	0	1.5	68	1.8
5	Sep_22_2021	322.95	330.43	333.96	334.68	334.47	334.92	335.93(0.51%)	UT	OpenLong	75	0.3	100	10	102	93	2.85	66%	0.01	53.3	1.03%	0.8	1.2	72	-0.6

6	Sep_21_2021	322.92	329.87	333.52	334.17	334.46	332.88	334.22(0.91%)	N/A	N/A	0	0	-23	-30	-44	39	3.17	68%	0.01	55.1	1.05%	0.6	1	64	-2.3
7	Sep_20_2021	322.88	329.53	333.03	333.95	334.17	334.01	331.21(-1.33%)	CR	SmallShort	-20	-0.6	-89	-0	-122	9	3.78	68%	0.02	48.5	1.06%	-1.9	0.4	59	-1.6
8	Sep_17_2021	322.8	329.42	332.99	334.8	334.93	336.04	335.67(-0.21%)	UD	OpenLong	75	0.2	100	20	94	117	7.1	72%	0.03	53.4	1.05%	0.7	1.4	72	0.2
9	Sep_16_2021	322.7	328.78	332.21	334.06	334.62	334.33	336.39(0.91%)	UT	HoldLong	65	0.5	63	-0	49	104	2.89	69%	0.05	37.7	1.04%	1.9	1.8	76	1.3
10	Sep_15_2021	322.53	328.03	330.97	333.13	333.97	333.82	333.37(0.08%)	N/A	N/A	0	0.1	-19	0	-45	59	2.87	69%	0.04	15.9	1.05%	0.2	1.3	66	1.3

11	Sep_14_2021	322.39	327.4	330.26	332.77	333.8	334.92	333.12(-0.69%)	UD	OpenLong	75	0.1	84	30	76	106	2.76	69%	0.04	2.3	1.06%	-1.1	1.4	64	0.7
12	Sep_13_2021	322.26	327.42	329.65	331.94	332.61	334.12	335.45(1.05%)	UT	OpenLong	75	0.8	112	40	111	113	3.88	69%	0.04	3	1.06%	1	1.8	60	0.9
13	Sep_10_2021	322.14	327.15	328.43	330.92	331.31	332.68	331.95(0.05%)	UT	OpenLong	75	0.3	111	30	116	97	3.14	69%	0.03	-2.4	1.06%	0.8	1.2	53	0.4
14	Sep_9_2021	322.04	327.19	327.41	330.08	330	331.11	331.77(0.06%)	UT	OpenLong	75	0.4	102	20	107	85	2.98	69%	0.02	-7	1.06%	1.3	1.1	63	1
15	Sep_8_2021	321.98	327.37	326.6	328.45	328.49	329.94	331.58(0.8%)	UT	OpenLong	75	0.7	91	30	98	69	2.21	69%	0.02	-9.9	1.07%	2.2	0.9	64	1.2

16	Sep_7_2021	321.9	327.32	325.88	327.37	326.94	328.9	328.95(-0.42%)	UD	OpenLong	75	0.3	104	40	114	73	2.55	69%	-0.01	-17	1.07%	0.2	0.4	63	1.1
17	Sep_3_2021	321.94	327.29	325.7	327	326.04	327.05	330.34(0.79%)	UT	OpenLong	75	0.7	98	10	112	57	2.77	69%	0.02	-18.1	1.06%	1.4	0.7	43	1.6
18	Sep_2_2021	321.86	327.24	325.5	325.61	325.8	324.99	327.74(1.27%)	UT	OpenLong	75	0.5	29	-20	35	9	3.11	69%	0.02	-24.6	1.06%	1.4	0.1	46	1.6
19	Sep_1_2021	321.79	327.48	325.02	324.36	324.75	325.04	323.64(-0.78%)	DT	OpenShort	-75	-0.2	-66	10	-68	-61	3.32	67%	0.01	-26.6	1.05%	-0.8	-0.8	39	1.7
20	Aug_31_2021	321.75	327.82	324.86	324.4	324.51	326.6	326.18(-0.28%)	N/A	N/A	0	0.4	85	50	117	-12	4.11	67%	0.02	-22.5	1.05%	-0.1	-0.4	38	1.5

21	Aug_30_2021	321.7	328.1	324.34	324.15	324.05	324.46	327.1(1.15%)	N/A	N/A	0	0.6	63	10	97	-40	2.92	67%	0.02	-19.7	1.06%	1	-0.2	46	1.5
22	Aug_27_2021	321.62	328.12	324.99	324.28	324	322.41	323.38(0.59%)	DP	OpenShort	-75	-0.2	-114	-40	-114	-115	2.98	65%	0.03	-23.4	1.05%	0.5	-1	46	1.4
23	Aug_26_2021	321.53	328.38	325.75	325.45	325.73	323.63	321.48(-0.74%)	DT	OpenShort	-75	-0.9	-115	-40	-118	-105	2.95	65%	0.03	-21.9	1.05%	-1.4	-1.5	43	0.9
24	Aug_25_2021	321.44	328.73	326.97	325.73	326.53	325.59	323.88(-0.31%)	DT	OpenShort	-75	-0.4	-83	-10	-81	-87	2.58	65%	0.03	-19.8	1.05%	-1.4	-1.1	41	1.6
25	Aug_24_2021	321.33	328.86	328.23	325.27	325.71	327.84	324.9(-0.87%)	N/A	N/A	0	-0.1	36	50	57	-27	2.36	65%		-25.4	1.05%	-1.6	-1	46	1.5
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.