HD

HD

Home Depot Inc
Retail
$348.02 +1.93% As of Jul 17, 12:28 AM
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Trade Idea

Strategy
Bull Call
Strikes
$345/350
Expiration
Aug 21
Target ROI
100.0%
Trade Reasoning
The current stock price of HD at $348.71 is positioned just below the lower strike of our bull call spread at $345, indicating a favorable entry as we anticipate a price increase towards the $350 strike. With no identified technical risk factors, this setup is optimal for capitalizing on upward momentum. The ATM spread structure provides attractive risk/reward, allowing for significant profit potential while limiting the downside to a small loss if the trade does not work out. 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

Strong Hands Lift HD Above EMAs to $348.02

Bullish
Jul 17, 2026 at 12:28 AM $348.02 (+1.93%)

The stock of Home Depot Inc (HD) climbed 1.93% to close at $348.02 on July 17.

The technical setup looks bullish:

Moving Averages Price trades above the 9-day EMA ($342.67) with a bullish stack. The 21-day EMA at $339.46 provides support.
Momentum RSI at 58.0 is in neutral territory but trending higher. MACD reads 4.36 against its 5.46 signal line (bearish).
Volatility Bollinger Band width at 10.5% indicates normal volatility.

While the trend remains bullish, weakening MACD warrants caution for new entries at current levels.

Support sits at $324.10 with resistance at $359.92.

HD Rides Bullish EMAs Higher to $348.02

Bullish
Jul 16, 2026 at 9:00 PM $348.02 (+1.93%)

EMA Crossover Fuels HD Move to $341.44

Bullish
Jul 15, 2026 at 9:00 PM $341.44 (+1.10%)

HD Sees Bearish MACD Divergence at $337.74

Bearish
Jul 15, 2026 at 1:20 AM $337.74 (+0.19%)

MACD Warns of HD Weakness at $337.74

Bearish
Jul 14, 2026 at 9:00 PM $337.74 (+0.19%)
Systematic technical analysis • Updated daily after market close
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Key Stats

Entry Price $2.50
Max Profit $2.50
Max Loss $2.50
Days to Exp 34
Trade Date Jul 17, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.