The Home Depot, Inc. (HD)
Consumer Cyclical · Home Improvement · Data as of 2026-09-01
Bottom line
HD is trading near its usual valuation, in the middle of its recent price range, and recent volume suggests money flowing out. The picture is mixed, so it may be worth watching rather than acting on. Past patterns are not a guarantee of future results.
Valuation — Trading near its usual range (Yellow)
HD trades at 23× earnings, roughly in line with its own 5-year average of 24× and roughly in line with similar consumer cyclical companies we track (21×, 50 peers). That is roughly what the market has typically paid for this stock. Its free-cash-flow yield is about 4.6%. Its current multiple sits around the 44th percentile of its own last five years — around the middle of its own range.
Price zones — In the middle of its recent range (Yellow)
At $319.77, the stock sits between its recent support and resistance levels. Over the past year HD has traded between $289.10 and $426.75; its historical support zone sits near $289.10 and resistance near $340.21. It is below both its 50- and 200-day averages, which has historically signalled a downtrend.
52-week range $289.10–$426.75 · 50-day average $340.21 · 200-day average $344.56
Money flow — Money is flowing out (Red)
Recent trading in HD shows more volume on falling days than rising days, a pattern often described as distribution. Volume on up days has been about 0.7× volume on down days over the last 30 sessions.
About the company
The Home Depot, Inc. operates as a prominent retailer specializing in home renovation and improvement. Through its expansive network of "The Home Depot" stores, it furnishes consumers with an extensive array of goods, including building materials, home enhancement products, lawn and garden supplies, decorative items, and facilities maintenance, repair, and operational (MRO) supplies.
一句话结论
HD 估值接近其惯常水平，处于近期价格区间的中部，近期成交量显示资金正在流出。整体情况好坏参半，也许更适合先观察，而不是急于行动。过去的形态并不能保证未来的结果。
估值 — 处于其惯常的估值区间
HD 目前的市盈率为 23×，大致持平于其自身 5 年平均的 24×，并且大致持平于我们追踪的同类Consumer Cyclical公司（21×，50 家）。这大致就是市场以往为这只股票所付出的水平。其自由现金流收益率约为 4.6%。它当前的估值倍数大约位于自身过去五年分布的第 44 百分位——处于自身区间的中部。
价格区间 — 处于近期区间的中部
目前价格为 $319.77，位于其近期的支撑位与阻力位之间。过去一年 HD 的价格在 $289.10 到 $426.75 之间波动；其历史支撑区在 $289.10 附近，阻力区在 $340.21 附近。它同时位于 50 日和 200 日均线下方，这在历史上通常对应下降趋势。
资金流向 — 资金正在流出
HD 近期下跌日的成交量高于上涨日，这种形态常被称为派发。过去 30 个交易日，上涨日的成交量约为下跌日的 0.7×。
UnderTheLight 用直白的语言解释股票——估值、价格区间与资金流向。它只描述数据，不构成任何投资建议。
UnderTheLight explains stocks in plain English — valuation, price zones and money flow as traffic lights, recomputed nightly. It describes data; it is not investment advice and never recommends a trade.