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Stock Trend Analysis Report

Prepared for you on Friday, March 24, 2023.

Home Depot, Inc. (The) (NYSE:HD)

Long-Term Downtrend (-90) - HD is in a strong downtrend that is likely to continue. While HD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid HD?

MarketClub looks at technical strength and momentum to determine if the timing is right for HD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low HD Price Change
284.46 286.11 280.22 283.92 +1.31
Entry Signal

MarketClub’s Trade Triangles for HD

long term down The long-term trend has been DOWN since Mar 1st, 2023 at 292.0010

intermediate term down The intermediate-term trend has been DOWN since Feb 21st, 2023 at 312.7501

short term down The short-term trend has been DOWN since Mar 22nd, 2023 at 286.2623

Smart Scan Analysis for HD

Based on our trend formula, HD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for HD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
284.46 286.11 280.22 283.92 +1.31
Prev. Close Volume Bid Ask Time
283.91 5041458 2023-03-23 15:59:50
Year High215.43Year High Date2018-09-12
Year Low167Year Low Date2018-11-20
52wk High347.2552wk High Date2022-12-13
52wk Low264.5152wk Low Date2022-06-22
Year End Close61.85Average Volume4,449,609
Shares Outstanding1,014,956Short Interest14,092,450
% Institutional73.8Market Cap254,798M
P/E Ratio16.9329Beta1.01
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