Lowe's Companies's most recent trend suggests a bullish bias. One trading opportunity on Lowe's Companies is a Bull Put Spread using a strike $52.50 short put and a strike $45.00 long put offers a potential 5.49% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $52.50 by expiration. The full premium credit of $0.39 would be kept by the premium seller. The risk of $7.11 would be incurred if the stock dropped below the $45.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Lowe's Companies is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Lowe's Companies is bullish.
The RSI indicator is at 61.62 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Lowe's Companies
[$$] Newest Workers for Lowe’s: Robots
Tue, 28 Oct 2014 04:55:56 GMT
The Wall Street Journal – Lowe’s is introducing robotic shopping assistants at an Orchard Supply Hardware store in San Jose, Calif., in late November. Lowe’s says this is the first retail robot of its kind in the U.S.
Manhattan’s Newest Tenant: Lowe’s
Mon, 27 Oct 2014 17:03:09 GMT
noodls – Home improvement company to open two Manhattan locations in 2015 MOORESVILLE, N.C. – Lowe's is coming to Manhattan to bring homeowners, renters and professional customers the products and services they …
Manhattan's Newest Tenant: Lowe's
Mon, 27 Oct 2014 17:00:00 GMT
PR Newswire – MOORESVILLE, N.C., Oct. 27, 2014 /PRNewswire/ — Lowe's is coming to Manhattan to bring homeowners, renters and professional customers the products and services they need to maintain and improve their homes and businesses. Two Lowe's stores are slated to open in the second half of 2015, one at 2008 Broadway at West 68th Street, and a second at 635 6th Avenue at West 19th Street. “We are excited to expand our presence to Manhattan and we look forward to offering Lowe's project expertise and tailored product selection in two convenient locations,” said Richard Maltsbarger, Lowe's chief development officer. “We know customers in Manhattan are already shopping with Lowe's online and at our New York area stores. Lowe's Companies, Inc. (LOW) is a FORTUNE® 100 home improvement company serving approximately 15 million customers a week in the United States, Canada and Mexico. With fiscal year 2013 sales of $53.4 billion, Lowe's has more than 1,835 home improvement and hardware stores and 260,000 employees.
New Lifetime High Reached By Lowe's Companies (LOW)
Mon, 27 Oct 2014 13:45:00 GMT
NAHB Remodeling Index Hit All-Time High In Q3
Thu, 23 Oct 2014 17:40:00 GMT
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