What chart pattern is ChartPattern.io tracking on Home Depot (The)?
ChartPattern.io is currently tracking Double Bottom on Home Depot (The) in the Consumer Discretionary stock. Secondary context includes Falling Wedge.
Live Consumer Discretionary stock scanner page for Home Depot (The). Review the double bottom setup, chart structure, and trade levels in one place.
Traders are watching Home Depot (The) (HD) as price action tightens. The stock is trading at $305.69, down 1.53% on the day. Algorithmically, a Double Bottom structure has completed. The trend indicator is reading 57.3/100, suggesting moderate momentum. A potential breakout level is identified at $355.74, targeting $407.18 with support near $330.02 (R:R 2.0).
HD is part of the Consumer Discretionary stock on ChartPattern.io. The scanner currently highlights Double Bottom as the leading setup, with an entry near $355.74, a stop around $330.02, and a target near $407.18.
Double Bottom
61/100 CP Index
Entry $355.74 · Stop $330.02 · Target $407.18
Use advanced tools to confirm the Double Bottom on HD before you trade.
Reversal pattern after a downtrend.
Reversal pattern. Price likely to break upwards.
What is your outlook on HD?
These answers make the page easier to scan for traders, search engines, and LLMs looking for quick context on HD.
ChartPattern.io is currently tracking Double Bottom on Home Depot (The) in the Consumer Discretionary stock. Secondary context includes Falling Wedge.
The current trade plan points to an entry near $355.74, a stop near $330.02, and a target near $407.18.
Home Depot (The) currently leans bullish. The page is showing a CP Index of 61/100, which helps summarize the current technical setup.