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 $195.00 short call and a strike $200.00 long call offers a potential 27.55% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $195.00 by expiration. The full premium credit of $1.08 would be kept by the premium seller. The risk of $3.92 would be incurred if the stock rose above the $200.00 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 28.87 level which suggests that the stock is neither overbought nor oversold at this time.
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 to Present at Baird Global Consumer, Technology & Services Conference
Wed, 02 Jun 2021 13:00:00 +0000
Lowe's Companies, Inc. (NYSE: LOW) announces that Marvin R. Ellison, chairman and chief executive officer and David M. Denton, chief financial officer, will participate in a virtual fireside chat at the Baird Global Consumer, Technology & Services Conference.
Is Lowe's a Buy After It Beat Earnings Estimates?
Wed, 02 Jun 2021 12:34:00 +0000
Lowe's (NYSE: LOW) reported fantastic fiscal first-quarter results on May 19. Better-than-expected year-to-date results and a supportive macroeconomic backdrop build the Company's confidence in its ability to deliver strong results for the fiscal year, including continued market share gains and the achievement of a 12% operating margin.
Lowe's President And CEO Marvin R. Ellison Named Chairman Of Board Of Directors
Tue, 01 Jun 2021 10:45:00 +0000
Lowe's Companies, Inc. (NYSE: LOW) today announced its board of directors has elected Marvin R. Ellison, president, chief executive officer and current director of Lowe's, to the additional role of chairman of the board, effective immediately. Ellison succeeds Richard W. Dreiling, who has shifted from the role of chairman to lead independent director.
Lowe's (LOW) is Committed Toward Boosting Shareholders' Wealth
Mon, 31 May 2021 14:00:02 +0000
Lowe's (LOW) strong cash position drives management to raise quarterly dividend. It is also investing in strategic growth initiatives like boosting omni-channel services.
Lowe's Holds Annual Meeting Of Shareholders
Fri, 28 May 2021 14:47:00 +0000
At its 2021 Annual Meeting of Shareholders held today, Lowe's Companies, Inc. (NYSE: LOW) President and CEO Marvin R. Ellison discussed the company's progress and performance during 2020, including its response to the COVID-19 pandemic. Ellison also discussed the company's new Total Home strategy, which is expected to enhance customer engagement and grow market share through an increased focus on the Pro customer, an expansion of the online business, modernized installation services, improved localization efforts and elevated product assortment.
Also on Market Tamer…
Follow Us on Facebook