lunes, 26 de mayo de 2014

Home Depot Inc. HD. Stock analysis and forecast. Last Price 79.18 (+0.51%) 05-26-2014

Home Depot Inc. HD. Stock analysis and forecast. Last Price 79.18 (+0.51%) 05-26-2014
Hi mates, This stock is inside a simetric triangle. Last week was fine for this stock, and for the rest of the market too.

Let´s see some fundamentals.
This company has a P/E ratio of 20.05, and an EPS= 3.95.
The Consensus average target price is $89.03.
In 2013 the Sales growth was +5.43% and the averge (4 years) was +4.47%. In my opinion this company has a stable growth. Benjamin Graham would be happy with those numbers.
Lasx year this company had a +25.46%  EPS diluted growth in front of a +24.42% average EPS growth (4 years).
Let´s see the chart.




As you can see the price is moving inside a simetric triangle.
The AVG 8 crossed the AVG 14 last week.
Supports and resistances:
S1:75.85 S2:74.52 R1:79.77 R2:80.24
Actually the price is very close to the R1:$79.77.
The MACD is above this signal and close to zero. However has a flat pattern.
The RSI is at 57%.
The stochastic is entering in the overbought line. So it´s probable that this week the stock correct a little bit.
The +DI is loosing strenght.
THe buy range for this stock is [$76.42;$78.41]
Once there the targets will be:
TG1:$80.14 TG2:$82.43 
I recomend to wait until the price correct and buy inside the buy range. Pay attention to the technicals!!.
That´s all, Please remember to click on some ads before you leave this blog. It´s important in order to maintain it!!!. Thank you. :)