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 $77.50 short put and a strike $72.50 long put offers a potential 6.38% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $77.50 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock dropped below the $72.50 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 67.55 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Lowe's Companies
9 Billionaires Just Bet on Home Depot Inc Stock: Should You Join Them?
Sun, 29 May 2016 15:21:00 GMT
10:19 am Lowe's increases quarterly dividend to $0.35/share from $0.28/share
Sat, 28 May 2016 14:19:00 GMT
What to Buy (and What NOT to Buy) at Memorial Day Sales
Sat, 28 May 2016 10:00:57 GMT
Lowe's Holds Annual Meeting Of Shareholders
Fri, 27 May 2016 14:57:11 GMT
noodls – CHARLOTTE, N.C., May 27, 2016 /PRNewswire/ — At its annual meeting of shareholders today, Lowe's Companies, Inc. (NYSE: LOW) Chairman, President and CEO Robert A. Niblock informed shareholders that strategic …
Lowe's Holds Annual Meeting Of Shareholders
Fri, 27 May 2016 14:57:11 GMT
noodls – CHARLOTTE, N.C., May 27, 2016 /PRNewswire/ — At its annual meeting of shareholders today, Lowe's Companies, Inc. (NYSE: LOW) Chairman, President and CEO Robert A. Niblock informed shareholders that strategic …
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