Tuesday, January 10, 2012

Home Depot - HD - Moving on up

On Barchart's S&P 500 new highs list Home Depot (HD) is moving on up:


Brachart technical indicators:
  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new highs and up 8.10% in the last month
  • Relative Strength Index 74.21%
  • Barchart computes a technical support level at 43.04
  • Recently traded at 43.64 with a 50 day moving average of 39.39

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