Large Inflow of Money Witnessed in Home Depot (The)

Home Depot (The) (HD) : $117.86 million worth of transactions were on upticks in Home Depot (The) (HD), compared to $87.59 million on downticks. The ratio between the two was 1.35, whereas, the net money flow stood at a healthy $30.27 million on Thursdays session.The block trades show a bullish bias with only $8.44 million worth of transactions done on downticks. The consistent buying on upticks in the stock accounted for $38.17million worth of trades. The up-down ratio between the uptick and downtick was 4.52, confirming that the stronger hands have been buying the stock on every weakness. The total money flow into the stock stood at $29.74 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.31%. The stock was trading at $131.16, with a drop of $0.41 over the previous days close. The stock recorded 1.19% for the week.


Home Depot (The) (HD) : Currently there are 15 street experts covering Home Depot (The) (HD) stock. The most bullish and bearish price target for the stock is $158 and $106 respectively for the short term. The average price target of all the analysts comes to $144.33. The estimated standard deviation from the target is $13.37. The stock has recorded a 20-day Moving Average of 2.58% and the 50-Day Moving Average is 0.19%.

Home Depot (The) (NYSE:HD): The stock opened at $131.25 on Thursday but the bulls could not build on the opening and the stock topped out at $132.18 for the day. The stock traded down to $130.56 during the day, due to lack of any buying support eventually closed down at $131.16 with a loss of -0.31% for the day. The stock had closed at $131.57 on the previous day. The total traded volume was 3,973,585 shares.

The Home Depot, Inc. (The Home Depot) is a home improvement retailer. The Home Depot stores sell an assortment of building materials, home improvement products and lawn and garden products and provide services. The Home Depot stores average approximately 104,000 square feet of enclosed space, with approximately 24,000 additional square feet of outside garden area. The Home Depot stores serve three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers. As of December 31, 2014, the Company had 2,269 The Home Depot stores, which included 1,977 stores in the United States, including the Commonwealth of Puerto Rico and the territories of the United States Virgin Islands and Guam; 181 stores in Canada, and 111 stores in Mexico.

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