Home Depot Technical Analysis

HD -- USA Stock  

USD 220.40  3.31  1.52%

As of 21 of August Home Depot retains Market Risk Adjusted Performance of 0.1019, Risk Adjusted Performance of 0.0738 and Downside Deviation of 1.34. Home Depot technical analysis makes it possible for you to employ historical prices and volume momentum with intention to determine a pattern that calculates the direction of the corporation future prices. In other words you can use this information to find out if the corporation will indeed mirror its model of historical price patterns or the prices will eventually revert. We found nineteen technical drivers for Home Depot which can be compared to its competitors. Please check out Home Depot Maximum Drawdown, and the relationship between Information Ratio and Downside Variance to decide if Home Depot is priced fairly providing market reflects its last-minute price of 220.4 per share. Given that Home Depot has Jensen Alpha of 0.1509, we strongly advise you confirm Home Depot regular market performance to make sure the company can sustain itself at future point.
Target PriceAdvice# of Analysts
209.53Buy19Odds
Home Depot current and past analyst recommendations published by number of research institutions as well as average analyst consensus
Home Depot Analyst Advice  
Horizon     30 Days    Login   to change

Home Depot Technical Analysis

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The output start index for this execution was twelve with a total number of output elements of twenty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Home Depot volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Home Depot Trend Analysis

Use this graph to draw trend lines for Home Depot. You can use it to identify possible trend reversals for Home Depot as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Home Depot price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Home Depot Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Home Depot applied against its price change over selected period. The best fit line has a slop of 0.09 % which may indicate that the price for Home Depot will continue to decline. It has 78 observation points and a regression sum of squares at 73.97, which is the sum of squared deviations for the predicted Home Depot price change compared to its average price change.

Home Depot August 21, 2019 Technical Indicators

Home Depot August 21, 2019 Daily Price Condition

Please also check Risk vs Return Analysis. Please also try Commodity Channel Index module to use commodity channel index to analyze current equity momentum.
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