• Home Depot's Mixed Signals: Navigating the Retail Giant's Technical Landscape

  • Nov 13 2024
  • Length: 2 mins
  • Podcast

Home Depot's Mixed Signals: Navigating the Retail Giant's Technical Landscape

  • Summary

  • **Home Depot (HD) Analysis**

    1. **Current Price and Intraday Trading Range**: Home Depot traded at $403.07 on November 12th, decreasing $5.91 or 1.45% since the previous trading session. The intraday range was not specified in the available data[3].

    2. **Pre-market and After-hours Movement**: No specific pre-market or after-hours data was available in the provided sources.

    3. **Trading Volume vs Average**: No data on trading volume was provided in the sources.

    4. **Recent News or Announcements**: There were no recent news or announcements in the last 24 hours mentioned in the provided sources.

    5. **Major Analyst Updates or Price Target Changes**: No recent analyst updates or price target changes were mentioned in the provided sources.

    6. **Options Flow Activity**: No data on options flow activity was available in the provided sources.

    7. **Related Sector News**: Home Depot is not directly related to the semiconductor/AI sector. It operates in the consumer discretionary sector, specifically in home improvement retail[2][4].

    8. **Key Technical Indicators for Day Trading**:
    - **Moving Averages**: Bullish[4].
    - **Technical Indicators**: Bearish[4].
    - **Moving Averages Crossovers**: Neutral[4].
    - **52 Week High/Low**: $421.52 / $286.79[4].
    - **TTM PE**: 24.31 (High PE)[4].
    - **Dividend Yield**: 2.69%[4].

    **Market Sentiment**: The overall market sentiment for Home Depot seems neutral to slightly bearish based on the recent price movements and technical indicators. The stock has seen a decrease in the last trading session and has a bearish technical indicator, but its moving averages are bullish. The long-term trend shows a significant increase over the last year, with a 31.83% rise in price[3].
    Show More Show Less

What listeners say about Home Depot's Mixed Signals: Navigating the Retail Giant's Technical Landscape

Average Customer Ratings

Reviews - Please select the tabs below to change the source of reviews.

In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.