HD

HD

Home Depot Inc
Retail
$338.73 +0.75% As of Jul 10, 12:16 AM
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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 Sees Bearish MACD Divergence at $338.73

Bearish
Jul 10, 2026 at 12:16 AM $338.73 (+0.75%)

Home Depot Inc (HD) gained 0.75% to finish at $338.73 on July 10.

From a technical standpoint, the outlook appears bearish:

Moving Averages Price hovers around the 9-day EMA ($343.51), while the 21-day ($338.04) provides a key reference.
Momentum RSI at 51.8 is neutral but weakening. MACD is bearish (6.42 vs signal 7.16).
Volatility Bollinger Band width at 13.1% indicates normal volatility.

Watch $316.53 as support and $360.75 as resistance.

Sell Signal: HD MACD Turns Bearish at $338.73

Bearish
Jul 9, 2026 at 9:00 PM $338.73 (+0.75%)

Negative Divergence: HD MACD Rolls Over at $336.21

Bearish
Jul 8, 2026 at 9:00 PM $336.21 (-2.61%)

HD Momentum Tide Turns Positive at $345.21

Bullish
Jul 8, 2026 at 12:00 AM $345.21 (-1.56%)

HD Buyers Gain Momentum Edge at $345.21

Bullish
Jul 7, 2026 at 9:00 PM $345.21 (-1.56%)
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 27
Trade Date Jun 29, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.