Lowe's Companies's most recent trend suggests a bearish bias. One trading opportunity on Lowe's Companies is a Bear Call Spread using a strike $75.00 short call and a strike $80.00 long call offers a potential 5.04% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $75.00 by expiration. The full premium credit of $0.24 would be kept by the premium seller. The risk of $4.76 would be incurred if the stock rose above the $80.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Lowe's Companies is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Lowe's Companies is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold 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
Lowe's Investors Finding Attractive Price To Build Their Position
Mon, 19 Sep 2016 17:30:00 GMT
Lowe's Management May Have ‘Found Religion' On Cost Controls, Says Argus
Mon, 19 Sep 2016 12:55:51 GMT
Why HD’s and LOW’s Valuation Multiples Fell after 2Q16 Results
Mon, 19 Sep 2016 12:04:15 GMT
How Do Dividends of Home Depot and Lowe’s Compare?
Fri, 16 Sep 2016 15:04:19 GMT
Better Buy: The Home Depot, Inc. vs. Lowe's
Fri, 16 Sep 2016 13:26:05 GMT
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