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 $227.50 short put and a strike $222.50 long put offers a potential 33.69% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $227.50 by expiration. The full premium credit of $1.26 would be kept by the premium seller. The risk of $3.74 would be incurred if the stock dropped below the $222.50 long put 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 up which suggests that the medium-term momentum for Lowe's Companies is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Lowe's Companies
Was The Smart Money Right About Lowe’s Companies, Inc. (LOW)?
Mon, 01 Nov 2021 04:26:51 +0000
While the market driven by short-term sentiment influenced by the accommodative interest rate environment in the US, virus news and stimulus spending, many smart money investors are starting to get cautious towards the current bull run since March, 2020 and hedging or reducing many of their long positions. Some fund managers are betting on Dow […]
Lowe's (LOW) Outpaces Stock Market Gains: What You Should Know
Fri, 29 Oct 2021 21:45:09 +0000
Lowe's (LOW) closed at $233.82 in the latest trading session, marking a +0.89% move from the prior day.
Has Lowe's Companies (LOW) Outpaced Other Retail-Wholesale Stocks This Year?
Fri, 29 Oct 2021 15:30:03 +0000
Is (LOW) Outperforming Other Retail-Wholesale Stocks This Year?
Zacks Industry Outlook Highlights: Home Depot, Lowe's, Fastenal and Builders FirstSource
Fri, 29 Oct 2021 14:08:02 +0000
Zacks Industry Outlook Highlights: Home Depot, Lowe's, Fastenal and Builders FirstSource
The Risks and Debt Structure in Lowe's (NYSE:LOW)
Thu, 28 Oct 2021 22:38:37 +0000
Lowe's Companies, Inc. (NYSE:LOW) gained a good 44% in the span of one year. The last earnings report netted Lowe's some US$6.9b in trailing twelve month net income, representing a 22.6% annual earnings growth. Analysts are also estimating both revenue and profit growth in the future. However, the company seems to carry some risks, and we will examine it in our article today.
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