HD Technical Signal Analysis
HD have 5 buy signals and 4 sell signals now. The current trend is consolidation starting from 2025-03-04. The total price change during this trend is -9.02%. Recently, the price has decreased with an increase in volume, indicating a strong bearish signal. The average turnover of HD over last 5 trading day is $1,654,172,292.47
5 Bullish Signal
4 Bearish Signal
Name
Signal
Value
Meaning
Relative Strength Index (14 days)
RSI_14 < 30
23.26
Bullish
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
6.02
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-212.26
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
Bullish
Williams %R (14 days)
WILLR_14 < -80
-96.43
Bullish
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-29.21
Bearish
Momentum (10 days)
MOM_10 < 0
-43.02
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-11.08
Bearish
Closing price
close < fibonacci_S1
347.25
Bearish
5 Bullish Signal
Name
Signal
Value
Meaning
Relative Strength Index (14 days)
RSI_14 < 30
23.26
Bullish
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
6.02
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-212.26
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
Bullish
Williams %R (14 days)
WILLR_14 < -80
-96.43
Bullish
HD Support and Resistance Level
The support levels for HD are at 353.24, 341, and 321.19, while the resistance levels are at 392.85, 405.09, and 424.89. With the current stock price at 347.25, it is leaning more toward the support levels.
HD Technical Analysis
Technical Analysis of HD Stock
Current Price and Trend
As of the latest data on 2025-03-07, HD is trading at $376.63. The stock has been experiencing a downtrend, with the price falling below its 50-day and 200-day moving averages.
Key Technical Indicators
- RSI (14): 35.73 (Oversold territory, indicating potential buy signals).
- MACD: -6.69 (Bearish momentum, but the MACD histogram (-1.73) suggests weakening bearish strength).
- Bollinger Bands (20,3): HD is currently 17.87% below the upper band, signaling potential oversold conditions.
- Fibonacci Levels:
- Pivot: $385.61
- Resistance 1: $397.88
- Support 1: $373.35
Price Action and Support/Resistance
The stock is approaching a critical support level at $368.9, which was tested during the recent session. A breach below this level could lead to further downside, while a bounce could trigger a short-term recovery.
Conclusion
Based on the technical analysis, HD is currently in a bearish trend. However, the oversold RSI and proximity to the lower Bollinger Band suggest a potential short-term bounce.
Recommendation:
Sell HD at $376.63. The bearish momentum and weak market conditions suggest caution.
HD FAQs
Which bull technical signals does HD have?
Which bearish technical signals does HD have?
How reliable is technical analysis?
How can I use moving averages to set entry and exit points for HD stock?
Is HD a buy based on overall technical signals summary?
HD Buy or Sell
HD has 5 buy signals and 4 sell signals now. Overall the technical rating for HD is Neutral.
Neutral
Sell
4
Buy
5
HD Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 347.25 below the SMA_5. In the short term, the stock shows a negative trend with the 366.32 below the SMA_20. In the mid term, the stock shows a negative trend with the 386.24 below the SMA_60. In the long term, the stock shows a positive trend with the 397.61 above the SMA_200.
Swing
Negative
Stock Price Below SMA_5
Short Term
Negative
SMA_5 Below SMA_20
Mid Term
Negative
SMA_20 Below SMA_60
Long Term
Positive
SMA_60 Above SMA_200
Free Financial AI Agent for Investment
Ask any investment related question and get answer instantly
What do technical indicators suggest about HD's current trend?What are HD's key support and resistance levels?