Home Depot's most recent trend suggests a bearish bias. One trading opportunity on Home Depot is a Bear Call Spread using a strike $80.00 short call and a strike $85.00 long call offers a potential 5.26% 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 $80.00 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock rose above the $85.00 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 below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Home Depot
Moody's Upgrades One and Affirms Three Classes of NationsLink 1999-LTL-1
Fri, 31 Jan 2014 01:24:14 GMT
Moody's – Approximately $63 Million of Structured Securities Affected. New York, January 30, 2014– Moody's Investors Service has upgraded the ratings on one class and affirmed the ratings on three classes in NationsLink …
Moody's Affirms One Interest-Only Class of MCFI 1998-MC2
Fri, 31 Jan 2014 00:40:41 GMT
Moody's – Approximately $23.7 Million of Structured Securities Affected. New York, January 30, 2014– Moody's Investors Service has affirmed one class in Mortgage Capital Funding, Inc., Multifamily/Commercial Mortgage …
Top 12 States With the Healthiest Foreclosure Markets
Fri, 31 Jan 2014 00:34:15 GMT
Wall St. Cheat Sheet – Millions of homeowners are still dealing with the side effects of the housing bubble, but the home foreclosure market is slowly progressing.
Moody's Affirms One Class of DMARC 1998-C1
Thu, 30 Jan 2014 23:32:41 GMT
Moody's – Approximately $22 Million of Structured Securities Affected. New York, January 30, 2014– Moody's Investors Service has affirmed the rating of one class in Deutsche Mortgage& Asset Receiving Corporation, …
Final Glance: Specialty Retail companies
Thu, 30 Jan 2014 23:06:18 GMT
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