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 $75.00 short put and a strike $70.00 long put offers a potential 11.36% return on risk over the next 35 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $75.00 by expiration. The full premium credit of $0.51 would be kept by the premium seller. The risk of $4.49 would be incurred if the stock dropped below the $70.00 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 63.47 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Lowe's Companies
Another Weak Auction, This Time for 30-Year Treasuries
Wed, 13 Sep 2017 17:57:00 +0000
As with the first two Treasury auctions earlier this week, investors didn't show much appetite for Wednesday's $12 billion auction of 30-year bonds either. Peter Boockvar of The Lindsey Group noted it was “soft,” but called it ” the least soft of the 3.” He adds: If these auctions could speak they would say yields got too low for buyer tastes. Thomas Byre of Wealth Strategies & Management also thinks the Federal Reserve meeting next week may explain the soft demand for Treasuries at auction this week.
See what the IHS Markit Score report has to say about Lowe's Companies Inc.
Wed, 13 Sep 2017 12:01:18 +0000
Lowe's Companies Inc NYSE:LOW
Michael West To Join Lowe's As SVP, Supply Chain Field Operations
Wed, 13 Sep 2017 12:00:00 +0000
MOORESVILLE, N.C., Sept. 13, 2017 /PRNewswire/ — Lowe's Companies, Inc. (LOW) today announced that Michael West will join Lowe's as senior vice president of supply chain field operations, effective Sept. 25. He will report to Chief Supply Chain Officer Brent G. Kirby. West will lead operations for Lowe's regional and flatbed distribution centers, millwork facilities and bulk distribution centers, driving increased efficiency and flexibility to best meet the needs of customers.
How Safe Is Lowe's Dividend?
Tue, 12 Sep 2017 12:30:00 +0000
The home-improvement retail industry has held up better than many other retailers, but could rising rates threaten its prospects?
Lowe's Commits At Least $1 Million More To Disaster Relief And Recovery After Hurricane Irma
Tue, 12 Sep 2017 12:00:00 +0000
MOORESVILLE, N.C., Sept. 12, 2017 /PRNewswire/ — Lowe's announced a commitment of at least $1 million to support disaster relief and recovery efforts through cash and product donations as Hurricane Irma struck communities in Florida, Georgia and South Carolina. The latest donation brings Lowe's total contribution to disaster relief this year to more than $2 million following the major flooding and damage caused by Hurricane Harvey. Lowe's has also expanded its American Red Cross customer donation program from stores in Texas to all stores nationwide to provide a convenient place for customers to support those affected by the storms.
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