|
|
Archive
- 10/16/2026 -
Sign In to see current Signals. |
Home Depot (HD) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily : 
Move cursor over the icon to see details.
| | It was a second positive week after 8 consecutive negative weeks for the Home Depot (HD). During the week, the HD gained 18.89 points, or 6.50%, and closed at 309.63 on Friday, October 16, 2026. It was the best weekly gain since August 7, 2026. Weekly volume was 26% above average.
 Long-term trend: [See HD long-term trend chart]
A long-term downtrend had started on November 26, 2024 at 439.40 and reached 277.15 on October 1, 2026. HD lost 162.25 points, or 36.93%, in 96 weeks. The price is now at the 20.02% retracement level.
 Medium-term trend: [See HD medium-term trend chart]
A medium-term downtrend had started on July 6, 2026 at 358.85 and reached 277.15 on October 1, 2026. HD lost 81.70 points, or 22.77%, in 12 weeks. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The trend support level is at 266.85 and resistance is at 357.47. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Descending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See HD weekly technical indicators chart]
Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
The weekly MACD line is below its signal line since September 4, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
 Short-term trend: [See HD short-term trend chart]
A short-term uptrend had started on October 1, 2026 at 277.15 and reached 314.66 on October 16, 2026. HD gained -37.51 points, or -13.53%, in 15 days. The price is now at the 13.41% retracement level.
 Daily Technical Indicators: [See HD daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. Use the following link to access Williams' Percentage Range help.
The daily MACD line is above its signal line since October 6, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.
During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
| |
|
|