Trading Signals: HD Stock Price Prediction and Forecast

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

Wed. Sep. 20, 2023

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

(Home Depot)
HD latest price $310.8600 (-1.19%) ($310.8000 - $316.3500) on Wed. Sep. 20, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.03% (three month average)
RSI   26
Latest Price   $310.8600(-1.19%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   HD declines -0.9% a day on average for past five trading days.
Weekly Trend   HD declines -1.7% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support HD advance at 0% a week (0% probability)
IWM(80%)    VYM(80%)    IVE(79%)    IWN(79%)    IWO(79%)
Factors Impacting HD price   HD will decline at least -0.515% in a week (0% probabilities).
VXX(-52%)    VIXM(-42%)    TBT(-42%)    UUP(-18%)    UNG(-5%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.515% (StdDev 1.03%)
Hourly BBV -1.4 ()
Intraday Trend -1.3%

Resistance Level   $325.12
5 Day Moving Average   $318.75(-2.48%)
10 Day Moving Average   $322.79(-3.7%)
20 Day Moving Average   $325.12(-4.39%)
To recent high   -6.9%
To recent low   3.4%
Market Cap   $341.946b

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 1.69% (three month std-dev: 1.03%) daily (68% of days).

Sample size 37 Average positive next day return: 1.53%(51%) Average negative next day return: -2.05%(49%) Sample size 37 Average positive next three day return: 2.58%(51%) Average negative next three day return: -3.61%(49%) Sample size 37 Average positive next weekly return: 4.59%(49%) Average negative next weekly return: -3.61%(51%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20231020

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_20_2023	312.03	325.12	322.79	318.75	318.06	314.11	310.86(-1.19%)	DT	OpenShort	-75	-1.4	-251	-90	-266	-207	2.32	41%	0.05	-42	1.03%	-1.4	-2.6	26	-0
2	Sep_19_2023	311.86	325.89	324.42	321.76	321.78	316.98	314.61(-0.84%)	DT	OpenShort	-75	-1.6	-314	-100	-346	-218	2.78	43%	0.06	-41.5	1.01%	-1.1	-2.6	31	0.9
3	Sep_18_2023	311.68	326.44	325.83	324.09	324.6	322.01	317.26(-1.29%)	DT	OpenShort	-75	-1.9	-265	-50	-296	-173	2.74	43%	0.05	-40.9	1.02%	-1.5	-2.6	41	1
4	Sep_15_2023	311.51	326.99	327.45	326.31	326.58	326.58	321.4(-2.5%)	DT	OpenShort	-75	-1.7	-62	0	-68	-44	7.11	46%	0.09	-36	1%	-1.9	-1.9	51	1
5	Sep_14_2023	311.22	327.32	328.38	327.77	327.54	327.18	329.63(1.15%)	UT	OpenLong	75	0.7	31	-10	33	25	2.71	52%	0.14	-28.8	0.95%	2.3	0.9	64	1.5

6	Sep_13_2023	310.79	327.44	328.45	327.53	327.53	326.58	325.88(-0.12%)	DT	OpenShort	-75	-0.6	-60	-20	-76	-13	2.56	49%	0.1	-20.7	0.95%	-1.5	-0.5	51	1.3
7	Sep_12_2023	310.48	327.74	328.82	327.56	327.75	327.9	326.28(-0.64%)	CR	SmallShort	-20	-0.4	-21	0	-32	13	2.19	49%	0.08	-14.1	0.95%	-2	-0.5	55	1
8	Sep_11_2023	310.22	327.92	328.85	327.86	327.74	328.48	328.37(-0.1%)	UD	OpenLong	75	0.2	37	10	33	47	2.09	49%	0.09	-9.8	0.95%	-0.5	0.1	59	1.3
9	Sep_8_2023	309.93	328.04	328.36	328.8	327.98	327.59	328.71(0.09%)	UD	OpenLong	65	-0	5	-20	-5	34	2.21	49%	0.1	5.3	0.97%	0.1	0.2	52	1.3
10	Sep_7_2023	309.61	328.06	327.8	329.12	329.06	327	328.42(0.74%)	DP	OpenShort	-75	-0.2	-80	-40	-103	-9	2.45	54%	0.1	7.4	0.97%	0.9	0.1	52	1.2

11	Sep_6_2023	309.29	328.05	327.57	329.56	330.03	328.37	326(-0.54%)	DT	OpenShort	-75	-1.1	-132	-30	-163	-40	3.2	54%	0.09	11.6	0.99%	-1.4	-0.7	38	1.4
12	Sep_5_2023	309	328.15	327.47	330.23	330.68	331.12	327.78(-1.59%)	N/A	N/A	0	-0.8	-7	10	-14	14	3.14	54%	0.16	11.7	0.99%	-1.5	-0.1	42	1.7
13	Sep_1_2023	308.5	328.22	327.12	329.86	330.27	331.68	333.08(0.84%)	UT	OpenLong	75	1.1	118	30	137	61	2.32	68%	0.14	1.1	1.02%	1.3	1.6	53	2.3
14	Aug_31_2023	308.08	327.87	326.47	327.82	328.42	330.24	330.3(-0.1%)	UD	OpenLong	75	0.9	106	40	130	32	2.91	59%	0.14	-26.4	1.03%	0.4	0.8	47	2.3
15	Aug_30_2023	307.66	327.82	326.11	326.27	326.55	328.86	330.63(0.38%)	UT	OpenLong	75	1.5	109	50	139	19	2.26	59%	0.12	-41.9	1.11%	1.5	1	51	2.2

16	Aug_29_2023	307.28	327.7	326.23	325.37	325.36	326.61	329.38(1.06%)	UT	OpenLong	75	1.4	102	30	131	13	2.63	59%	0.13	-51.1	1.11%	1.3	0.6	51	1.7
17	Aug_28_2023	306.89	327.8	326.41	324.39	324.66	324.24	325.91(0.94%)	N/A	N/A	0	0.5	-0	-10	12	-37	2.1	59%	0.07	-46.9	1.12%	0.4	-0.6	47	1.5
18	Aug_25_2023	306.69	328.18	326.79	324.02	324.53	324.11	322.86(0.08%)	DP	OpenShort	-75	-0.4	-63	-0	-61	-69	2.42	59%	0.11	-38.1	1.14%	-1.4	-1.7	38	0.2
19	Aug_24_2023	306.34	328.62	327.62	324.92	325.05	325.08	322.59(-1.07%)	DT	OpenShort	-75	-0.8	-17	0	-11	-34	2.49	59%	0.12	-15.7	1.16%	-1.6	-2.1	45	-0.6
20	Aug_23_2023	305.98	329	328.35	325.86	325.47	324.96	326.09(0.5%)	DP	OpenShort	-75	0.1	-44	-10	-45	-41	2.73	61%	0.1	10.3	1.16%	1.5	-1.1	43	0.5

21	Aug_22_2023	305.66	329.19	328.6	327.24	326.85	325.02	324.48(0.13%)	DP	OpenShort	-75	-1	-96	-40	-109	-55	2.58	61%	0.09	42.5	1.17%	-0.6	-1.8	44	-0.5
22	Aug_21_2023	305.38	329.28	328.99	328.78	329.17	325.97	324.06(-1.01%)	DT	OpenShort	-75	-1.8	-145	-60	-169	-72	3.11	61%	0.1	74.7	1.17%	-1	-2	37	-0.5
23	Aug_18_2023	305.08	329.38	329.56	329.95	330.98	328.69	327.37(0.03%)	DP	OpenShort	-75	-0.9	-160	-40	-188	-76	3.47	61%	0.14	90.1	1.18%	-1.1	-0.7	38	-1.4
24	Aug_17_2023	304.64	329.09	329.52	330.7	332.1	332.36	327.28(-1.73%)	DT	OpenShort	-75	-0.9	-29	20	-34	-15	3.88	65%	0.15	85.6	1.19%	-2.3	-0.5	44	-2.3
25	Aug_16_2023	304.18	328.75	329.8	331.13	331.84	333.27	333.03(0.27%)	UT	OpenLong	75	0.5	71	40	83	36	3.75	65%		84.1	1.23%	0.6	1	56	-1
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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