HD

HD

Home Depot Inc
Retail
$348.86 +1.12% As of Jun 29, 1:14 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

Technical Uptrend Accelerates for HD at $348.86

Bullish
Jun 29, 2026 at 1:14 AM $348.86 (+1.12%)

Home Depot Inc (HD) ticked higher by 1.12% to $348.86 on June 29.

The technical picture is bullish:

Moving Averages Moving averages are stacked bullishly—9-day EMA ($335.95) supports, 21-day ($328.19) below.
Momentum RSI at 66.4 is in neutral territory but trending higher. MACD reads 6.46 against its 3.58 signal line (bullish).
Volatility Price is extended above the upper Bollinger Band ($348.78), suggesting possible mean reversion.

While the trend remains bullish, elevated RSI warrants caution for new entries at current levels.

Technical levels: $300.37 support, $348.78 resistance.

HD Clears Resistance, EMAs Confirm at $348.86

Bullish
Jun 28, 2026 at 1:42 AM $348.86 (+1.12%)

EMA Crossover Fuels HD Move to $348.86

Bullish
Jun 27, 2026 at 12:54 AM $348.86 (+1.12%)

HD Surges to $348.86 on EMA Golden Cross

Bullish
Jun 26, 2026 at 9:00 PM $348.86 (+1.12%)

Bullish EMA Stack Supports HD Rally to $345.00

Bullish
Jun 25, 2026 at 9:00 PM $345.00 (+0.63%)
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 38
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.