Investtech.com
 Home Depot (HD.DJIA) - Close: 134.36 (-1.07), Aug 26, 2016

Chart Technical Analysis Home Depot (HD)

rsi chart
Volatility risk: LowLiquidity risk: LowRisk explanation
 Neutral -Medium term, Aug 26, 2016Analysis Explanation
Home Depot is within a rising trend and continued advance within the current trend is indicated. On reactions back, there is support against the floor of the trend channel. The stock has marginally broken down through the support at dollar 135. An established break predicts a further decline. Volume tops and volume bottoms correspond badly with tops and bottoms in the price. Volume balance is also negative, which weakens the rising trend and could be an early signal for a coming trend break. The RSI curve shows a falling trend, which is an early signal for a possible trend break down. The stock is overall assessed as technically neutral for the medium long term.

1 day-0.90%563.41-0.79%
5 days-75.362.91%464.76-0.81%
22 days-20.167.33%538.50-1.43%
66 days-18.9413.88%585.02+0.75%
Trend 20%124.10 - 154.93
Short Term Trading Range2016-08-04
Moving average2016-08-01
Rectangle2015-11-17
Rectangle2015-10-05
Long Term Trading Range2015-02-04

 


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here www.investtech.com/disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

Titlex

OK