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 $48.00 short put and a strike $43.00 long put offers a potential 9.17% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $48.00 by expiration. The full premium credit of $0.42 would be kept by the premium seller. The risk of $4.58 would be incurred if the stock dropped below the $43.00 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 69.74 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Lowe's Companies
Home Depot, Lowe's Q2 Seen Improving With Home Prices
Sun, 17 Aug 2014 12:02:00 GMT
Lowe's Companies (LOW) Marked As A Barbarian At The Gate
Fri, 15 Aug 2014 19:26:00 GMT
Lowe’s Said to Hire Goldman to Find Brazil Acquisitions
Fri, 15 Aug 2014 19:11:06 GMT
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Fri, 15 Aug 2014 18:40:54 GMT
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