HD

HD

Home Depot Inc
Retail
$331.45 -0.05% As of Jul 23, 12:19 AM
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Trade Idea

Strategy
Bull Call
Strikes
$340/345
Expiration
May 29
Target ROI
100.0%
Trade Reasoning
The current stock price of $344.62 is very close to the lower strike of $340, positioning us well for a bullish move. The absence of technical risk factors further supports a favorable entry point, as it indicates a stable environment for price appreciation. The bull call spread structure allows us to capitalize on this upward momentum while limiting our risk, targeting a significant ROI with a defined 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

HD Slips Below Moving Averages, Testing $331.45

Bearish
Jul 23, 2026 at 12:19 AM $331.45 (-0.05%)

Home Depot Inc (HD) traded flat at $331.45 on July 23.

Key indicators suggest a bearish bias:

Moving Averages Bearish EMA structure persists with price below the 9-day ($337.03) and 21-day ($337.56).
Momentum RSI at 46.0 is in neutral territory but trending lower. MACD reads 1.15 against its 3.51 signal line (bearish).
Volatility Stock has been in a TTM Squeeze for 4 days, indicating compressed volatility and potential for a significant move.

Technical levels: $328.46 support, $357.77 resistance.

Downtrend Intact: HD Rejected at EMAs, Trades $331.45

Bearish
Jul 22, 2026 at 9:00 PM $331.45 (-0.05%)

MACD Signals Distribution in HD at $331.60

Bearish
Jul 21, 2026 at 9:00 PM $331.60 (-0.44%)

HD Loses Momentum as MACD Crosses Down at $333.04

Bearish
Jul 20, 2026 at 9:00 PM $333.04 (-1.72%)

HD Sees Bearish MACD Divergence at $338.87

Bearish
Jul 19, 2026 at 12:42 AM $338.87 (-2.63%)
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 -55
Trade Date Apr 21, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.