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 $192.50 short put and a strike $187.50 long put offers a potential 22.85% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $192.50 by expiration. The full premium credit of $0.93 would be kept by the premium seller. The risk of $4.07 would be incurred if the stock dropped below the $187.50 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 above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Lowe's Companies
Here's Why Lowe's (LOW) Stock Gains More Than 40% in a Year
Wed, 07 Jul 2021 17:43:05 +0000
Lowe's (LOW) digital and Pro businesses continue to exhibit a strong momentum. The company is well poised to cash in on demand in the home-improvement market.
Investors Shouldn't Overlook Lowe's Companies' (NYSE:LOW) Impressive Returns On Capital
Wed, 30 Jun 2021 08:26:58 +0000
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things…
2 Huge Dividend Raises You Can Still Profit From
Tue, 29 Jun 2021 13:53:35 +0000
In the late spring, with the coronavirus still very much in the headlines and meme stocks dominating investor conversations, it was easy to miss two giant quarterly dividend raises. Late last month, DIY retailer Lowe's (NYSE: LOW) cranked its payout 33% higher. Not to be outdone, Target (NYSE: TGT) hiked its own dividend payout by nearly the same percentage.
Is Lowes Companies (LOW) Stock Outpacing Its Retail-Wholesale Peers This Year?
Wed, 23 Jun 2021 15:30:03 +0000
Is (LOW) Outperforming Other Retail-Wholesale Stocks This Year?
The ‘shelter in suburbia’ trade is about to reverse — and these stocks will suffer
Wed, 23 Jun 2021 14:10:00 +0000
One of the biggest investment stories of the COVID-19 pandemic has been the boom in consumer discretionary stocks with a “shelter in suburbia” theme. Take the broad-based Vanguard Consumer Discretionary Index Fund ETF (VCR) that surged more than 90% from March 2020 to March 2021. As one Wall Street insider said recently in a Bloomberg interview, a “huge unwind” is coming for stay-at-home stocks, including hardware stores and home-goods merchants.
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