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 $45.00 short put and a strike $40.00 long put offers a potential 8.93% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $45.00 by expiration. The full premium credit of $0.41 would be kept by the premium seller. The risk of $4.59 would be incurred if the stock dropped below the $40.00 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 at 34.31 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Lowe's Companies
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Fri, 20 Jun 2014 13:02:31 GMT
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Wed, 18 Jun 2014 19:02:00 GMT
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Tue, 17 Jun 2014 19:37:03 GMT
Lowe's to Webcast Presentation from the Oppenheimer 14th Annual Consumer Conference
Tue, 17 Jun 2014 13:00:00 GMT
PR Newswire – MOORESVILLE, N.C., June 17, 2014 /PRNewswire/ — Lowe's Companies, Inc. (NYSE: LOW) announces that Robert F. Hull, Jr., chief financial officer, and Michael A. Jones, chief customer officer, will present …
Updated Research Report on Lowe's
Mon, 16 Jun 2014 21:25:08 GMT
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