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 $202.50 short call and a strike $207.50 long call offers a potential 51.52% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $202.50 by expiration. The full premium credit of $1.70 would be kept by the premium seller. The risk of $3.30 would be incurred if the stock rose above the $207.50 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 58.81 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Lowe's Companies
Chlorine shortage stands to wreak havoc on summer pool season: Goldman Sachs
Mon, 26 Apr 2021 16:53:13 +0000
Goldman sounds the alarm bell on the approaching summer pool season.
Lowe's (LOW) Buys STAINMASTER, Total Home Strategy on Track
Fri, 23 Apr 2021 12:21:12 +0000
Lowe's (LOW) buyout of the STAINMASTER brand joins its private brand portfolio. Notably, this deal strengthens its decade-long partnership.
Were Hedge Funds Right About Lowe’s (LOW)?
Thu, 22 Apr 2021 17:11:43 +0000
Last year we predicted the arrival of the first US recession since 2009 and we told in advance that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock […]
Lowe's acquires StainMaster
Thu, 22 Apr 2021 14:33:00 +0000
Lowe's Cos. announced its acquisition of StainMaster, the carpet and flooring company. The financial details of the deal were not disclosed. Lowe's has exclusively sold StainMaster carpet for the last decade, and says this expands on that partnership. The acquisition includes all intellectual property and sub-brands. StainMaster will join the Lowe's lineup of private labels, which includes Project Source and Harbor Breeze. Lowe's stock has gained 26.2% for the year to date while the benchmark S&P 500 index is up 10.9% for the period.
Lowe's Acquires STAINMASTER®, the Most Recognized and Trusted Carpet Brand, Advancing Total Home Strategy
Thu, 22 Apr 2021 14:30:00 +0000
Lowe's Companies, Inc. (NYSE: LOW) today announced it acquired the STAINMASTER brand, the most recognized and trusted carpet brand on the market today, advancing the home improvement retailer's Total Home strategy.
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