Home Depot's most recent trend suggests a bearish bias. One trading opportunity on Home Depot is a Bear Call Spread using a strike $200.00 short call and a strike $205.00 long call offers a potential 67.79% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $200.00 by expiration. The full premium credit of $2.02 would be kept by the premium seller. The risk of $2.98 would be incurred if the stock rose above the $205.00 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 66.49 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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Sat, 23 Jun 2018 20:17:32 +0000
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Home Depot's $1.2 Billion Investment to Amazon-Proof Its Business
Sat, 23 Jun 2018 15:48:00 +0000
The home improvement retailer has thrived in recent years. But, far from resting, it has doubled down on building out its already impressive logistics infrastructure.
78,000 Werner Ladders Sold at Lowe’s and Home Depot Are Recalled
Fri, 22 Jun 2018 18:47:10 +0000
Consumers are warned to stop using the ladder.
Forget Amazon: Home Depot Is a Better Retail Value
Fri, 22 Jun 2018 17:33:00 +0000
The home improvement store has become a digital force in its own right.
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