Home Depot's most recent trend suggests a bearish bias. One trading opportunity on Home Depot is a Bear Call Spread using a strike $172.50 short call and a strike $177.50 long call offers a potential 38.5% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $172.50 by expiration. The full premium credit of $1.39 would be kept by the premium seller. The risk of $3.61 would be incurred if the stock rose above the $177.50 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 28.37 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Home Depot
52-Week Company Lows
Mon, 26 Nov 2018 16:48:15 +0000
Details the lows for the following companies: Facebook, Wells Fargo, AT&T, Home Depot, Citigroup and IBM
What Retail CFOs Are Watching as Holiday Shopping Season Kicks Off
Mon, 26 Nov 2018 15:29:59 +0000
As customers flood into stores in search of Black Friday bargains, retail executives are facing a range of challenges this all-important holiday shopping season. “We started our holiday hiring earlier than ever,” Kohl’s Corp. Chief Executive Michelle Gass said on the company’s earnings call Tuesday. The company has 140,000 associates and has invested in new capabilities to offer customers a wider range of purchasing options, Ms. Gass said.
Weekly Top Insider Buys Highlight for the Week of Nov. 23
Sun, 25 Nov 2018 19:35:49 +0000
The largest Insider Buys this week were for The Home Depot Inc., Marathon Petroleum Corp, Keurig Dr Pepper Inc. and Kellogg Co.
Why J.C. Penney Is Down 60% Year to Date
Sun, 25 Nov 2018 13:59:00 +0000
A combination of executive departures and disappointing financial performance has rocked the retailer's stock this year.
Black Friday is a ‘ghost town' for Sears as the retailer tries to survive the holiday season
Fri, 23 Nov 2018 19:47:00 +0000
After years of sales declines, Sears filed for bankruptcy on Oct. 15. The department store needs cash to stay alive as it tries to emerge from bankruptcy. Some customers at a Sears in White Plains, New York, complained the Black Friday deals weren't good enough, but the retailer may be hesitant to cut prices too low.
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