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Archive - 2/27/2026 - 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 the negative week for the Home Depot (HD). During the week, the HD gave back -1.53 points, or -0.40%, and closed at 380.72 on Friday, February 27, 2026. Weekly volume was 25% above average.
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 trend support level is at 330.88 and resistance is at 447.24. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a long-term trend.
Medium-term trend: [See HD medium-term trend chart] A medium-term downtrend had started on November 26, 2024 at 439.40 and reached 326.30 on April 9, 2025. HD lost 113.10 points, or 25.74%, in 19 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 333.56 and resistance is at 419.67. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle 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 below overbought area. Such crossover is considered a bearish 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 above its signal line since January 16, 2026. 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 November 19, 2025 at 331.37 and reached 397.63 on February 12, 2026. HD gained -66.26 points, or -20.00%, in 85 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 345.07 and resistance is at 406.10. 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 short-term trend.
Daily Technical Indicators: [See HD daily technical indicators chart] Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. Use the following link to access Williams' Percentage Range help. The daily MACD line is below its signal line since February 13, 2026. The price is close to 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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