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 $235.00 short put and a strike $230.00 long put offers a potential 69.49% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $235.00 by expiration. The full premium credit of $2.05 would be kept by the premium seller. The risk of $2.95 would be incurred if the stock dropped below the $230.00 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 above 80 which suggests that the stock is in overbought territory.
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) Outpaces Stock Market Gains: What You Should Know
Thu, 04 Nov 2021 21:45:09 +0000
Lowe's (LOW) closed the most recent trading day at $237.78, moving +1.49% from the previous trading session.
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Lowe's Canada Kicks Off the Holiday Season with Offers, Gift Ideas, and More Ways to Shop to Help Customers Amplify the Holiday Spirit
Wed, 03 Nov 2021 10:00:00 +0000
As Canadians are starting to prepare their homes for the Holiday season, Lowe's Canada, one of Canada's leading home improvement retailers operating or servicing over 450 corporate and affiliated stores under different banners, has everything they need to fill their home with holiday cheer. This season, Lowe's, RONA, and Réno-Dépôt will offer more products, more services, and more experiences through their websites and in their stores.
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Tue, 02 Nov 2021 19:27:13 +0000
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