Home Depot's most recent trend suggests a bearish bias. One trading opportunity on Home Depot is a Bear Call Spread using a strike $410.00 short call and a strike $420.00 long call offers a potential 31.58% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $410.00 by expiration. The full premium credit of $2.40 would be kept by the premium seller. The risk of $7.60 would be incurred if the stock rose above the $420.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Home Depot is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Home Depot is bearish.
The RSI indicator is at 72.97 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Home Depot
How retailers can better adapt to the increasingly digital world
Wed, 01 Dec 2021 18:25:24 +0000
Publicis Sapient CEO Nigel Vaz joins Yahoo Finance Live to discuss how retailers can do a better job serving consumers digitally.
Store Transfer Program Helps California Military Spouse Move Jobs to Maryland
Wed, 01 Dec 2021 17:02:14 +0000
Jessica Murchison is many things: U.S. Navy veteran, military spouse and mother. She’s also a Home Depot associate who began as a part-time cashier four years ago in Poway, California. Today, she w…
Bill Ackman: Don’t panic over the omicron plunge — the truth could be ‘bullish not bearish’ for stocks like these
Wed, 01 Dec 2021 00:04:00 +0000
Bonds, however, could be in for pain, the self-proclaimed Warren Buffett acolyte says.
Organized crime is behind spate of retail thefts: Coalition of Law Enforcement and Retail president
Tue, 30 Nov 2021 20:13:49 +0000
President of Coalition of Law Enforcement and Retail Ben Dugan joins Yahoo Finance Live to discuss how organized thefts are becoming an increased concern for retailers.
Giving Tuesday Celebration: Six Nonprofits Surprised With $30,000 Grants
Tue, 30 Nov 2021 18:01:08 +0000
In celebration of Giving Tuesday, The Home Depot Foundation is surprising six nonprofit organizations with $30,000 of unrestricted funds totaling $180,000.
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