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Home Depot Technical Analysis

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HD -- USA Stock  

Earning Report: February 25, 2020  

As of the 17th of February 2020 Home Depot retains Downside Deviation of 1.5, Market Risk Adjusted Performance of 0.1095 and Risk Adjusted Performance of 0.0588. 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. Simply put 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 245.03 per share. Given that Home Depot has Jensen Alpha of 0.0115, 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
238.74Hold19Odds
Home Depot current and past analyst recommendations published by number of research institutions as well as average analyst consensus
Home Depot Analyst Advice  

Home Depot Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Home Depot volatility developed by Welles Wilder. View also all equity analysis or get more info about 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   0.46  which suggests that Home Depot will keep on generating value for investors. It has 122 observation points and a regression sum of squares at 8089.28, which is the sum of squared deviations for the predicted Home Depot price change compared to its average price change.

Home Depot February 17, 2020 Technical Indicators

Home Depot February 17, 2020 Daily Price Condition

Please check Risk vs Return Analysis. Please also try Pattern Recognition module to use different pattern recognition models to time the market across multiple global exchanges.
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