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 $187.50 short put and a strike $182.50 long put offers a potential 28.53% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $187.50 by expiration. The full premium credit of $1.11 would be kept by the premium seller. The risk of $3.89 would be incurred if the stock dropped below the $182.50 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 at 55.27 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 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.
Zacks Industry Outlook Highlights: The Home Depot, Lowe's Companies, Fastenal Co and Lumber Liquidators
Wed, 23 Jun 2021 10:47:10 +0000
Zacks Industry Outlook Highlights: The Home Depot, Lowe's Companies, Fastenal Co and Lumber Liquidators
Why Is Lowe's (LOW) Down 3.4% Since Last Earnings Report?
Fri, 18 Jun 2021 15:30:03 +0000
Lowe's (LOW) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Lowe's (LOW) Gains on Solid Demand Conditions, Online Sales
Wed, 16 Jun 2021 13:49:01 +0000
Lowe's (LOW) home-improvement business is gaining on solid demand. Moreover, strong omni-channel offerings are driving online sales.
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