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Archive - 8/22/2025 - Sign In to see current Signals. |
Home Depot (HD) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :  Move cursor over the icon to see details.
| | It was a third consecutive positive week for the Home Depot (HD). During the week, the HD gained 13.41 points, or 3.36%, and closed at 412.79 on Friday, August 22, 2025. Weekly volume was 47% above average. HD is a member of Consumer Discretionary Sector. Consumer Discretionary is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See HD long-term trend chart] A long-term uptrend had started on June 22, 2022 at 264.51 and reached 439.40 on November 26, 2024. HD gained -174.89 points, or -66.12%, in 126 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 287.31 and resistance is at 473.75. A Broadening Ascending 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 Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See HD medium-term trend chart] A medium-term uptrend had started on April 9, 2025 at 326.30 and reached 414.50 on August 22, 2025. HD gained -88.20 points, or -27.03%, in 19 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (363.43) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See HD weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and 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 links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is above its signal line since June 27, 2025. This is an indication that the medium-term trend is up. 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 June 18, 2025 at 345.80 and reached 414.50 on August 22, 2025. HD gained -68.70 points, or -19.87%, in 65 days. Price is near the trend high.
Daily Technical Indicators: [See HD daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Daily MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. The daily MACD line is above its signal line since July 22, 2025. This is an indication that the short-term trend is up.
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