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Archive
- 5/29/2026 -
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Home Depot (HD) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a second positive week after 4 consecutive negative weeks for the Home Depot (HD). During the week, the HD gained 4.07 points, or 1.30%, and closed at 317.14 on Friday, May 29, 2026. Weekly volume was 68% above average.
HD is a member of Home Improvement Retail Industry. Home Improvement Retail is the ninth most oversold industry. 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 October 10, 2008 at 17.05 and reached 439.40 on November 26, 2024. HD gained -422.35 points, or -2477.13%, in 841 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (335.41) is broken. A broken support is considered to be a long-term bearish signal. 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 support in a long-term trend.
 Medium-term trend: [See HD medium-term trend chart]
A medium-term downtrend had started on February 12, 2026 at 397.63 and reached 289.10 on May 19, 2026. HD lost 108.53 points, or 27.29%, in 13 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 282.05 and resistance is at 329.79. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a medium-term trend.
 Weekly Technical Indicators: [See HD weekly technical indicators chart]
Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Weekly Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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 March 6, 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 downtrend had started on April 21, 2026 at 353.55 and reached 289.10 on May 19, 2026. HD lost 64.45 points, or 18.23%, in 28 days. The chart has formed a Falling Channel chart pattern.
 Daily Technical Indicators: [See HD daily technical indicators chart]
Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic.
The daily MACD line is above its signal line since May 20, 2026.
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.
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