HD

HD

Home Depot Inc
Retail
$350.65 -2.03% As of Jul 7, 12:07 AM
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Trade Idea

Strategy
Bull Call
Strikes
$315/320
Expiration
May 15
Target ROI
100.0%
Trade Reasoning
The bullish MACD signal indicates strong upward momentum for HD, making it an opportune moment to enter a bull call spread. With the current stock price at $318.94, buying the $315 call and selling the $320 call positions us well within the profit zone, targeting a favorable risk/reward ratio. This ATM spread structure allows us to leverage the anticipated price movement while limiting risk to a small percentage of our investment. 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

HD Technical Picture Brightens at $350.65

Bullish
Jul 7, 2026 at 12:07 AM $350.65 (-2.03%)

The stock of Home Depot Inc (HD) dropped 2.03% to close at $350.65 on July 7.

From a technical standpoint, the outlook appears bullish:

Momentum RSI at 61.6 is neutral but weakening. MACD reads 9.22 against its 7.04 signal line (bullish).
Moving Averages Moving averages are stacked bullishly—9-day EMA ($347.24) supports, 21-day ($337.46) below.
Volatility Bollinger Band width at 16.9% indicates normal volatility.

Technical levels: $306.44 support, $363.01 resistance.

HD Surges to $350.65 on EMA Golden Cross

Bullish
Jul 6, 2026 at 9:00 PM $350.65 (-2.03%)

HD Technical Picture Brightens at $357.90

Bullish
Jul 5, 2026 at 2:22 AM $357.90 (+2.02%)

HD Breaks Out at $357.90 as Moving Averages Align

Bullish
Jul 4, 2026 at 1:04 AM $357.90 (+2.02%)

HD Technical Picture Brightens at $357.90

Bullish
Jul 3, 2026 at 9:00 PM $357.90 (+2.02%)
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 -53
Trade Date Apr 7, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.