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 $190.00 short put and a strike $180.00 long put offers a potential 32.28% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $190.00 by expiration. The full premium credit of $2.44 would be kept by the premium seller. The risk of $7.56 would be incurred if the stock dropped below the $180.00 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 59.72 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
Lowe's Companies (NYSE:LOW) Could Be A Buy For Its Upcoming Dividend
Thu, 15 Jul 2021 12:40:04 +0000
It looks like Lowe's Companies, Inc. ( NYSE:LOW ) is about to go ex-dividend in the next 4 days. The ex-dividend date…
Lowe's (LOW) Stock Sinks As Market Gains: What You Should Know
Wed, 14 Jul 2021 21:45:09 +0000
Lowe's (LOW) closed at $192.74 in the latest trading session, marking a -0.79% move from the prior day.
Lowe’s Announces Return Of Making It Entrepreneur Pitch Program With Shark Tank’s Daymond John
Wed, 14 Jul 2021 15:30:41 +0000
Lowe's and Shark Tank star Daymond John have announced the next round of Making it…With Lowe's, a nationwide pitch program for diverse entrepreneurs
Lowe's Announces the Return of Making It… With Lowe's Nationwide Pitch Program for Diverse Entrepreneurs Hosted by Shark Tank's Daymond John
Tue, 13 Jul 2021 12:00:00 +0000
Today, Lowe's and Daymond John, star of ABC's Shark Tank and New York Times best-selling author, are announcing the next round of Making It…With Lowe's, a nationwide pitch program that gives diverse entrepreneurs a chance to take their business to the next level by selling on Lowes.com and in Lowe's stores nationwide.
5 “Strong Buy” Dividend Stocks for July 2021
Tue, 13 Jul 2021 11:20:54 +0000
Dividend stocks are popular for providing investors with a steady income flow. Furthermore, as dividends are paid out of profits and retained earnings, a dividend-paying company is usually stable and has strong earnings growth potential. Thus, adding a dividend stock into one's portfolio enhances overall returns in the long run and adds a much-needed safety net amid wild market swings. Take Coca-Cola or Procter & Gamble stock as an example. Both of these companies have consistently paid dividend
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