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TECH Sell 18.04.2024 13:01

The Home Depot Inc.: Murrey analysis

Shares of The Home Depot Inc., the largest home improvement company, have been correcting to the long-term uptrend for the fourth week. During this time, the price reversed downwards from 390.62 (Murrey level [+1/8]), returned to Murrey’s main trading range, and is now close to 328.12 (Murrey level [5/8]), after consolidating below which it is possible to reach the area of 312.50 (Murrey level [4/8]) and 296.88 (Murrey level [3/8]). 

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Indicators

MA10
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MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Sell
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Buy
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Buy
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Buy
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Buy
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Sell
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Wait

Market sentiment

0% sell
100% buy