HD

HD

Home Depot Inc
Retail
$342.86 +5.68% As of Jun 24, 9:00 PM
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Trade Idea

Strategy
Bull Call
Strikes
$330/335
Expiration
May 1
Target ROI
100.0%
Trade Reasoning
The current MACD positively trending indicates strong bullish momentum for HD, signaling that the stock is likely to rise in the near term. Entering a Bull Call Spread with strikes at $330 and $335 provides a favorable entry point, as the stock is currently at $333.61, allowing us to capitalize on the anticipated upward movement while limiting risk. This ATM spread structure offers an attractive risk/reward profile, enabling significant returns with a controlled downside through the sale of the higher strike call. 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.
Bullish Factors
MACD Positive and Rising.

Technical Analysis

Energy Building: HD Consolidates Tightly at $342.86

Neutral
Jun 24, 2026 at 9:00 PM $342.86 (+5.68%)

Shares of Home Depot Inc (HD) rose 5.68% to $342.86 on June 24.

Key indicators suggest a bullish bias:

Momentum RSI at 63.7 is in neutral territory but trending higher. MACD is bullish (4.34 vs signal 2.23).
Moving Averages The stock holds above both the 9-day ($329.65) and 21-day ($324.24) EMAs, confirming the uptrend.
Volatility A 5-day TTM Squeeze suggests volatility is coiled and a breakout may be imminent.

Watch $302.71 as support and $340.96 as resistance.

Momentum Shifts Higher in HD at $324.45

Bullish
Jun 24, 2026 at 1:02 AM $324.45 (-0.67%)

Home Depot Inc (HD) closed down 0.67% at $324.45 on June 24.

From a technical standpoint, the outlook appears mixed:

Moving Averages Price hovers around the 9-day EMA ($326.35), while the 21-day ($322.38) provides a key reference.
Momentum RSI at 52.7 is neutral but weakening. MACD is bullish (3.15 vs signal 1.70).
Volatility Volatility has been compressing for 4 sessions (TTM Squeeze active), often a precursor to directional moves.

Support sits at $303.12 with resistance at $337.32.

HD Momentum Breakout Confirmed at $324.45

Bullish
Jun 23, 2026 at 9:00 PM $324.45 (-0.67%)

HD Momentum Tide Turns Positive at $326.62

Bullish
Jun 22, 2026 at 9:00 PM $326.62 (-2.30%)

HD Technical Picture Brightens at $334.28

Bullish
Jun 21, 2026 at 1:37 AM $334.28 (+2.08%)
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 -54
Trade Date Mar 26, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.