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 $49.00 short put and a strike $44.00 long put offers a potential 6.38% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $49.00 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock dropped below the $44.00 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 76.99 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Lowe's Companies
Is Lowe's The Future Of Home Improvement?
Tue, 04 Mar 2014 22:31:59 GMT
Business Highlights
Tue, 04 Mar 2014 22:01:58 GMT
AP – ___ Stocks rise on Wall Street after 3 days of losses Investors' jitters over emerging markets faded Tuesday, and U.S. stocks rose for the first time in four days. Global stock markets stabilized after …
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Tue, 04 Mar 2014 21:10:00 GMT
New home sales reached the highest level since July 2008 in January
Tue, 04 Mar 2014 21:00:06 GMT
Market Realist – The seasonally adjusted annual rate (or SAAR) came in at 468,000—the report’s highest reading since July 2008, when new home sales were estimated at 477,000.
Must-know: Why housing price spikes may be good for the economy
Tue, 04 Mar 2014 17:00:09 GMT
Market Realist – Several important housing indicators were released this week. The Federal Housing Finance Agency (or FHFA) Housing Price Index (or HPI) was released on Tuesday, February 25.
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