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 $90.00 short call and a strike $95.00 long call offers a potential 24.38% return on risk over the next 35 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $90.00 by expiration. The full premium credit of $0.98 would be kept by the premium seller. The risk of $4.02 would be incurred if the stock rose above the $95.00 long call 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 down which suggests that the medium-term momentum for Lowe's Companies is bearish.
The RSI indicator is at 22.24 level which suggests that the stock is neither overbought nor oversold at this time.
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
"Fast Money" final trades: IBM, JPM and more
Wed, 14 Mar 2018 21:59:00 +0000
The “Fast Money” traders share their final trades for the day including IBM, J.P. Morgan, Lowe's and Tenet Healthcare.
What Drove Home Depot’s and Lowe’s Same-Store Sales Growth in 4Q?
Wed, 14 Mar 2018 19:00:02 +0000
Can Home Depot and Lowe’s Maintain Their Momentum in 2018?
Why Home Depot’s Revenue Growth Beat Lowe’s in 4Q17
Wed, 14 Mar 2018 17:30:03 +0000
Can Home Depot and Lowe’s Maintain Their Momentum in 2018? In 4Q17, Home Depot (HD) posted revenue of $23.9 billion, which represents a growth of 7.6% from $22.2 billion in 4Q16. Home Depot’s revenue growth was driven by positive SSSG (same-store sales growth) and the addition of new stores in the last four quarters. The company posted SSSG of 7.5% in 4Q17, which we’ll look at in detail in the next part of this series.
Home Depot’s Earnings Outperformed Lowe’s in 4Q17
Wed, 14 Mar 2018 15:59:10 +0000
Can Home Depot and Lowe’s Maintain Their Momentum in 2018?
What Analysts Expect for Home Depot’s and Lowe’s 2018 Revenue
Wed, 14 Mar 2018 15:59:06 +0000
Can Home Depot and Lowe’s Maintain Their Momentum in 2018? Analysts are expecting Home Depot (HD) to post revenue of $107.8 billion in 2018, which represents growth of 6.8% from $100.9 billion in 2017. Management also expects to add three more stores during the year and has set its SSSG (same-store sales growth) guidance at 5% for 2018.
Related Posts
Also on Market Tamer…
Follow Us on Facebook