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 $55.00 short put and a strike $50.00 long put offers a potential 10.38% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $55.00 by expiration. The full premium credit of $0.47 would be kept by the premium seller. The risk of $4.53 would be incurred if the stock dropped below the $50.00 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 76.13 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Lowe's Companies
Kohl's joins Macy's, to open at 6 pm on Thanksgiving
Fri, 31 Oct 2014 19:23:59 GMT
Lowe's swarmed by bee activist protests on pesticides
Fri, 31 Oct 2014 17:24:16 GMT
Why hedge funds also bought housing and agriculture ETFs
Thu, 30 Oct 2014 21:00:17 GMT
How Will Q3 Store Sales At Home Depot, Lowe's Fare?
Thu, 30 Oct 2014 19:46:00 GMT
Goldman Sachs Raises Home Depot Target But Lowe's Gets the Upgrade
Thu, 30 Oct 2014 18:14:00 GMT
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