Lowe’s Companies (LOW) Offering Possible 13.83% Return Over the Next 24 Calendar Days

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 $200.00 short call and a strike $220.00 long call offers a potential 13.83% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $200.00 by expiration. The full premium credit of $2.43 would be kept by the premium seller. The risk of $17.57 would be incurred if the stock rose above the $220.00 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 42.83 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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Sun, 23 May 2021 09:52:00 +0000
This is true for nearly anything you buy — including dividend stocks. The highest-quality dividend stocks have excellent track records of growing their dividends over time. You don't have to have a lot of money to invest in these great dividend stocks.

Home Depot and Lowe's Are Still Thriving
Fri, 21 May 2021 17:06:51 +0000
Both are allocating capital effectively and protecting their competitive advantages

Lowe's Q1 Earnings: 3 Standout Numbers
Thu, 20 May 2021 15:47:37 +0000
Lowe's (NYSE: LOW) investors have a few good reasons to celebrate in early 2021. Sure, the home improvement giant's first-quarter report failed to extend its streak of market share wins against industry leader Home Depot (NYSE: HD). Comparable-store sales rose 26% overall year over year and increased 24% in the core U.S. market.

Lowe's 1st-Quarter Earnings Numbers
Thu, 20 May 2021 15:30:56 +0000
Cost-cutting efforts combined with better store traffic helped surpass earnings and revenue projections

Is Lowes Companies (LOW) Stock Outpacing Its Retail-Wholesale Peers This Year?
Thu, 20 May 2021 15:30:03 +0000
Is (LOW) Outperforming Other Retail-Wholesale Stocks This Year?

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