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Home Depot Q2 Earnings Showdown: Bearish Trends Vs. Bullish Bets

Home Depot Inc. (NYSE:HD) will be reporting its second-quarter earnings on Tuesday (Aug. 13). Wall Street expects $4.50 in EPS and $43.4 billion in revenues as the company reports before market hours. The stock is up 5.2% over the past year, 0.59% YTD. Let’s look at what the charts indicate for Home Depot stock and how the stock currently maps against Wall Street estimates. Home Depot Stock’s Strongly Bearish Trend Ahead Of Q2 Earnings  Home Depot stock is currently navigating a choppy market, with its stock price of $348.64 sitting below its five-, 20-, and 50-day exponential moving averages, signaling a strongly bearish trend.