|The Home Depot Inc -- USA Stock|| |
USD 177.10 1.86 1.04%
Investors can use this prediction interface to forecast Home Depot historic prices and determine the direction of The Home Depot Inc future trends based on various well-known forecasting models. However looking at historical price movement exclusively is usually misleading. Macroaxis recommends to always use this module together with analysis of Home Depot historical fundamentals such as revenue growth or operating cash flow patterns. Although naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of The Home Depot Inc systematic risks associated with finding meaningful patterns of Home Depot fundamentals over time. Please also check Historical Fundamental Analysis of Home Depot
to cross-verify your projections.
The Home Depot Inc has current Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of The Home Depot Inc market sensitivity to bulls and bears. It estimates the ability of Home Depot buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Home Depot Balance of Power indicator one can determine a trend of the price direction.
Home Depot Trading Date Momentum
|On March 19 2018 The Home Depot Inc was traded for 177.10 at the closing time. The highest price during the trading period was 179.32 and the lowest recorded bid was listed for 176.00 . The volume for the day was 4.5 M. This history from March 19, 2018 did not result in any price rise and fall. The trading price change to the current price is 0.88% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.