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Home Depot Inc: 52-Week High Recently Eclipsed (HD)

By Shiri Gupta

Shares of Home Depot Inc (NYSE:HD) traded at a new 52-week high today of $234.48. So far today approximately 469,000 shares have been exchanged, as compared to an average 30-day volume of 4.2 million shares.

The Home Depot, Inc. is a home improvement retailer that sells building materials and home improvement products. The Company sells a wide assortment of building materials, home improvement and lawn and garden products, and provide a number of services. Home Depot operates throughout the United States, Canada, China, and Mexico.

Based on a current price of $234.48, Home Depot Inc is currently 10.0% above its average consensus analyst price target of $210.98. Home Depot Inc shares have support at the 50-day moving average (MA) of $214.45 and additional support at the 200-day MA of $194.30.

Home Depot Inc share prices have moved between a 52-week high of $234.48 and a 52-week low of $158.09 and are now trading 48% above that low price at $234.48 per share. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.8%.

SmarTrend recommended that subscribers consider buying shares of Home Depot Inc on August 20th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $215.01. Since that recommendation, shares of Home Depot Inc have risen 8.2%. We continue to monitor HD for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows home depot inc

Ticker(s): HD