HD

HD

Home Depot Inc
Retail
$293.20 +0.35% As of Sep 28, 12:00 AM
Loading chart...
Interactive chart powered by TradingView

Trade Idea

Strategy
Bull Call
Strikes
$345/350
Expiration
Aug 7
Target ROI
100.0%
Trade Reasoning
The current stock price of $346.76 is just above the lower strike price of $345, positioning us favorably for a potential upward movement. With no identified technical risk factors, this entry point presents a low-risk opportunity to capitalize on a bullish outlook. The bull call spread structure allows us to leverage our position with limited risk, while targeting significant returns if the stock rises to or beyond $350. Maya's edge comes from disciplined trade management—knowing when to exit is just as important as when to enter. Subscribe to get real-time open and close alerts that take the guesswork out of trading.

Technical Analysis

HD Struggles Below Key Moving Averages at $293.20

Bearish
Sep 28, 2026 at 12:00 AM • $293.20 (+0.35%)

Home Depot Inc (HD) closed up 0.35% at $293.20 on September 28.

From a technical standpoint, the outlook appears bearish:

Moving Averages Price sits below both the 9-day ($299.68) and 21-day ($308.96) EMAs, suggesting short-term weakness.
Momentum RSI at 31.2 is neutral but improving. MACD reads -9.84 against its -8.99 signal line (bearish).
Volatility Bollinger Band width at 13.7% indicates normal volatility.

While EMAs remain bearish, the oversold RSI reading hints at potential support around $287.66.

Technical levels: $287.66 support, $330.10 resistance.

Weak EMA Structure Weighs on HD at $293.20

Bearish
Sep 27, 2026 at 4:01 AM • $293.20 (+0.35%)

HD Sinks Below Technical Support to $293.20

Bearish
Sep 26, 2026 at 1:10 AM • $293.20 (+0.35%)

HD Faces Resistance as EMAs Turn Bearish

Bearish
Sep 25, 2026 at 9:01 PM • $293.20 (+0.35%)

HD Approaches Technical Support as RSI Dips at $292.18

Bullish
Sep 25, 2026 at 12:39 AM • $292.18 (-1.53%)
Systematic technical analysis • Updated daily after market close

Get Trade Alerts

Receive disciplined options trade ideas with entries, targets & risk management.

Subscribe Now Try Scanner

Key Stats

Entry Price $2.50
Max Profit $2.50
Max Loss $2.50
Days to Exp -52
Trade Date Jun 29, 2026

Related Trades

HD $300-$305 Bull Call
Sep 16, 2026
HD $345-$350 Bull Call
Jul 17, 2026
HD $345-$350 Bull Call
Jun 26, 2026
HD $325-$330 Bull Call
Jun 15, 2026
HD $315-$320 Bull Call
Jun 11, 2026

Related Stocks

AMZN
AMZN
Amazon.com Inc
ANF
ANF
Abercrombie & Fitch Co
AZO
AZO
Autozone Inc
BABA
BABA
Alibaba Group Holding Ltd
BBY
BBY
Best Buy Co Inc
BURL
BURL
Burlington Stores Inc
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.