Large Inflow of Money Detected in Home Depot (The)

Home Depot (The) (HD): $30.27 million was the positive money flow into the stock on Monday and the up/down ratio of ticks was also in favor of the bulls at 1.3. The value of trades done on upticks was $132.25 million, whereas, trades done on downticks were valued at $101.98 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $37.28 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $10.54 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 3.54 was strongly in favor of the bulls. The money flow in block trades was $26.74 million. Home Depot (The) (HD) fell $0.47 traded at $136.57, a change of -0.34% over the previous day. The stock is -0.25% for the week.


Shares of The Home Depot, Inc. rose by 0.62% in the last five trading days and 1.69% for the last 4 weeks. The Home Depot, Inc. is up 1.8% in the last 3-month period. Year-to-Date the stock performance stands at 4.75%.

Home Depot (The) (NYSE:HD): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $137.11 and $136.93 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $137.97. The buying momentum continued till the end and the stock did not give up its gains. It closed at $137.06, notching a gain of 0.36% for the day. The total traded volume was 6,327,437 . The stock had closed at $136.57 on the previous day.

In a related news, Hewett Wayne M., director of Home Depot Inc, had purchased 350 shares on May 31, 2016. The total value of the transaction was $46,386. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.

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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