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 $202.50 short put and a strike $197.50 long put offers a potential 35.14% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $202.50 by expiration. The full premium credit of $1.30 would be kept by the premium seller. The risk of $3.70 would be incurred if the stock dropped below the $197.50 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 down which suggests that the medium-term momentum for Lowe's Companies is bearish.
The RSI indicator is at 53.76 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 (LOW) Dips More Than Broader Markets: What You Should Know
Thu, 21 Apr 2022 21:45:09 +0000
In the latest trading session, Lowe's (LOW) closed at $205.03, marking a -1.78% move from the previous day.
Is Trending Stock Lowe's Companies, Inc. (LOW) a Buy Now?
Thu, 21 Apr 2022 13:00:01 +0000
Lowe's (LOW) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Stock Split Watch: Is Lowe's Next?
Wed, 20 Apr 2022 13:19:00 +0000
Stock splits are all the rage these days. Some of the largest and most prominent stocks on the market are getting ready to divide their market cap into many more slices over the summer. But why stop there? Several high-priced stocks seem ripe for a stock split of their own, perhaps before the end of this year.
My 2 Best Dividend Stocks to Buy Now and Hold for the Next Decade
Wed, 20 Apr 2022 11:22:00 +0000
Whether you're a new investor or a seasoned professional, dividend stocks can be a good way to diversify a portfolio and generate passive income. Passive income combined with share price appreciation can turbocharge your portfolio, and companies like Texas Instruments (NASDAQ: TXN) and Lowe's (NYSE: LOW) check both boxes. Let's find out a bit more about these two dividend stocks that might just be right to buy now and hold for the next decade.
How rising mortgage rates are affecting home sales and homebuilders
Tue, 19 Apr 2022 14:59:59 +0000
Yahoo Finance Live’s Julie Hyman and Brian Sozzi break down the chart of the day.
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