HD

HD

Home Depot Inc
Retail
$337.43 +0.55% As of Aug 24, 9:01 PM
Loading chart...
Interactive chart powered by TradingView

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

TTM Squeeze Tightens Grip on HD at $337.43

Neutral
Aug 24, 2026 at 9:01 PM • $337.43 (+0.55%)

Home Depot Inc (HD) advanced 0.55%, ending the session at $337.43 on August 24.

The technical picture is bearish:

Moving Averages The stock trades below its 9-day EMA ($339.41) with the 21-day ($340.60) acting as overhead resistance.
Momentum RSI at 48.1 is in neutral territory. MACD reads -0.29 against its 1.09 signal line (bearish).
Volatility A 5-day TTM Squeeze suggests volatility is coiled and a breakout may be imminent.

Technical levels: $328.38 support, $356.72 resistance.

HD Faces Resistance as EMAs Turn Bearish

Bearish
Aug 24, 2026 at 5:20 AM • $335.61 (+0.34%)

Home Depot Inc (HD) closed up 0.34% at $335.61 on August 24.

From a technical standpoint, the outlook appears bearish:

Moving Averages Price sits below both the 9-day ($339.90) and 21-day ($340.92) EMAs, suggesting short-term weakness.
Momentum RSI at 46.6 is showing no strong directional bias. MACD reads -0.04 against its 1.43 signal line (bearish).
Volatility Volatility has been compressing for 4 sessions (TTM Squeeze active), often a precursor to directional moves.
Key levels to watch: Support at $328.21, Resistance at $356.76.

HD Bears Take Control as Stock Slides to $335.61

Bearish
Aug 23, 2026 at 2:08 AM • $335.61 (+0.34%)

EMA Death Cross Looms for HD Near $335.61

Bearish
Aug 22, 2026 at 12:20 AM • $335.61 (+0.34%)

HD Sinks Below Technical Support to $335.61

Bearish
Aug 21, 2026 at 9:01 PM • $335.61 (+0.34%)
Systematic technical analysis • Updated daily after market close
Exclusive Offer

Get Trade Alerts

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

Use code:
HEADSTART50
50% off your first month
Claim Offer Try Scanner

Key Stats

Entry Price $2.50
Max Profit $2.50
Max Loss $2.50
Days to Exp -3
Trade Date Jul 17, 2026

Related Trades

HD $345-$350 Bull Call
Jun 29, 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
HD $305-$310 Bull Call
Jun 1, 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.