Home Depot's most recent trend suggests a bearish bias. One trading opportunity on Home Depot is a Bear Call Spread using a strike $360.00 short call and a strike $370.00 long call offers a potential 44.93% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $360.00 by expiration. The full premium credit of $3.10 would be kept by the premium seller. The risk of $6.90 would be incurred if the stock rose above the $370.00 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 46.57 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Home Depot
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Tue, 15 Feb 2022 21:09:51 +0000
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Home Depot (HD) Earnings Expected to Grow: Should You Buy?
Tue, 15 Feb 2022 20:01:08 +0000
Home Depot (HD) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
What's in Store for BJ's Restaurants' (BJRI) Q4 Earnings?
Tue, 15 Feb 2022 16:59:04 +0000
BJ's Restaurants' (BJRI) fourth-quarter results are likely to reflect benefits from robust comps growth and off-premise sales.
Home Depot (HD) Gains As Market Dips: What You Should Know
Mon, 14 Feb 2022 22:45:10 +0000
Home Depot (HD) closed at $351.56 in the latest trading session, marking a +0.36% move from the prior day.
Will Home Depot (HD) Beat Estimates Again in Its Next Earnings Report?
Mon, 14 Feb 2022 17:10:05 +0000
Home Depot (HD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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