Price Position and Structural State
The Home Depot, Inc. (HD) closed at 337.7 USDT on July 14, 2026, up 0.30%. The asset now sits in a sideways structure inside its 55-day range. Current 55-day support is near 304.45 USDT, with resistance near 359.57 USDT. Price is near the middle of the range, so the market has no clear structural edge until it closes outside these levels.
Moving Averages and Trend Context
HD is trading inside a zone of moving-average confluence. MA50 at 332.13 USDT sits just below price, while MA9 at 341.073 USDT sits just above. The compression across multiple moving averages signals range contraction rather than trend dominance. The next meaningful read comes from price separating cleanly from this cluster.
Trading Friction and Price Efficiency
HD shows high trading friction, with a 3-day friction score of 27.5. The score combines price progress, wick rejection, and volume confirmation. Recent candles show contested movement, with weak price progress or heavier wick rejection. In this condition, moves near support or resistance carry less weight until price closes more cleanly.
Open Interest, Funding, and Positioning
Open interest data is limited for this asset, so the leverage range cannot be judged reliably yet. This makes futures participation harder to compare with recent history.
Funding is positive on the 24-hour average at +0.004199%, while the 7-day average is +0.000959%. This shows fresh long-side cost pressure rather than a sustained build across the week.
Long/short positioning data is limited for this asset, so account-side crowding cannot be judged reliably yet.
Correlation, Beta, and Index Relationship
HD shows weak linkage to the broader crypto market (Sigloid Index). Correlation is limited, and R² indicates that index behavior explains only a small portion of its movement. This suggests price action is largely driven by asset-specific factors rather than broader market direction. Over the 30-day window, the relationship is stable.
| Window | Correlation | Beta | R² | Read |
|---|---|---|---|---|
| 30D | 0.153 | 0.118 | 0.023 | Weak linkage |
| 60D | 0.172 | 0.099 | 0.029 | Weak linkage |
| 180D | — | — | — | Not enough data |
Momentum, Volatility, and Indicator Pressure
HD's volatility profile is controlled rather than stretched. ATR% reads 2.36, near the middle of its full historical range. Bollinger Band width% reads 7.45, close to the bottom of its 30-day range. 20-day Volume Z-score is -0.20. Range expansion is not leading the setup right now.
Momentum is mixed. RSI is 47.13, ROC14 is -4.10%, and MACD histogram does not confirm a clean direction. Indicator pressure remains uneven.
The read is incomplete, so support, resistance, and the daily close matter more than the indicator setup.
Broader Market Regime
The Sigloid Index remains in a sideways regime, showing no clear broad market direction. HD has a weak link to that market condition, so price behavior depends mainly on asset specific structure rather than the broader market.
Key Levels for the Next State Change
For HD, the next structural shift depends on range boundaries. A daily close above 55-day resistance at 359.57 USDT establishes a bullish regime, while a daily close below 55-day support at 296.76 USDT confirms a bearish regime.