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 $197.50 short call and a strike $202.50 long call offers a potential 36.99% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $197.50 by expiration. The full premium credit of $1.35 would be kept by the premium seller. The risk of $3.65 would be incurred if the stock rose above the $202.50 long call 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 46.87 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Lowe's Companies
Are Crashing Lumber Prices Good or Bad News for Home Depot and Lowe's?
Thu, 29 Jul 2021 16:00:16 +0000
Lumber is vital for many of the projects that people go to Home Depot (NYSE: HD) and Lowe's (NYSE: LOW) for. Lumber prices are crashing. Interestingly, as the price of lumber was rising, Home Depot and Lowe's were raising prices they charge customers, and so far, those higher prices have not decreased demand.
3 Great Income Stocks That Could Double Their Dividends
Thu, 29 Jul 2021 13:17:00 +0000
These companies can afford to keep increasing their dividends, maybe even double them, in the next few years.
Lowe's (LOW) Stock Sinks As Market Gains: What You Should Know
Mon, 26 Jul 2021 21:45:09 +0000
Lowe's (LOW) closed the most recent trading day at $197.73, moving -1.55% from the previous trading session.
Lowe’s Stock Rode the Housing Boom. Now It May Be Ending.
Mon, 26 Jul 2021 16:21:00 +0000
Analysts at Wedbush Securities downgraded the home-improvement retailer's stock to Neutral from Outperform,.
Lowe's downgraded on housing sector declines and possible back-to-work slowdown
Mon, 26 Jul 2021 14:05:30 +0000
Lowe's Cos. shares shed 2.8% in early Monday trading after the home improvement retailer was downgraded to neutral from outperform at Wedbush. Analysts cut the price target to $210 from $225. Wedbush cites weakness in the housing sector in its note, saying that existing home sales dollar turnover has peaked with minimal growth forecast for 2022. Less affordability and limited supply are also putting the squeeze on sales. “Accordingly, very tough comparisons could result in mid-single-digit decli
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