In trading on Wednesday, shares of Home Depot crossed below their 200 day moving average of $349.33, changing hands as low as $347.63 per share. Home Depot shares are currently trading off about 1.3% on the day.
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The chart below shows the one year performance of HD shares, versus its 200 day moving average:
HD
Looking at the chart above, HD’s low point in its 52 week range is $246.59 per share, with $420.61 as the 52 week high point — that compares with a last trade of $348.73. The HD DMA information above was sourced from TechnicalAnalysisChannel.com and more can be found at Top Dividends.
Source: https://www.forbes.com/sites/dividendchannel/2022/02/16/home-depot-makes-notable-cross-below-critical-moving-average/