Current Price
Open: $404.39
Day Range: $395.38 - $405.13
Volume: 2.8M
Trading Levels
Entry (Breakout): $407.82
Take Profit Target: $420.08
Stop Loss: $383.30
Box Height: $24.52
Box Type: 9MA
Squeeze: VERY WIDE SQUEEZE
Key Statistics
Market Cap: $408.2B
P/E Ratio: 27.86
Dividend Yield: 2.24%
52W Low: $326.31
52W High: $439.37
Avg Volume: 3.5M
Price Chart (Last 6 Months)
Company Profile
Sector
Consumer Cyclical
Industry
Home Improvement Retail
Employees
470,000
Business Summary
The Home Depot, Inc. operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, baths, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows. In addition, it provides to...
Trading Strategy
Entry Signal: This stock is showing a 9MA breakout pattern. Consider entering a long position if price breaks above $407.82with volume confirmation.
Take Profit: Target price is $420.08, which is the breakout level plus the box height ($24.52).
Stop Loss: Place stop loss below $383.30to limit downside risk.
Risk/Reward: Box height of $24.52 provides favorable risk/reward when combined with proper position sizing.