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 $192.50 short call and a strike $197.50 long call offers a potential 31.23% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $192.50 by expiration. The full premium credit of $1.19 would be kept by the premium seller. The risk of $3.81 would be incurred if the stock rose above the $197.50 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 35.49 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 the Oppenheimer 21st Annual Consumer Growth and E-commerce Conference
Wed, 09 Jun 2021 13:00:00 +0000
Lowe's Companies, Inc. (NYSE: LOW) announced today that David M. Denton, chief financial officer, will participate in a virtual fireside chat at the Oppenheimer 21st Annual Consumer Growth and E-commerce Conference.
Is Lowes Companies (LOW) Outperforming Other Retail-Wholesale Stocks This Year?
Mon, 07 Jun 2021 15:30:03 +0000
Is (LOW) Outperforming Other Retail-Wholesale Stocks This Year?
How PPG is balancing paint demand amid supply shortages
Fri, 04 Jun 2021 15:08:03 +0000
PPG Executive VP Tim Knavish joins Yahoo Finance to discuss how they deal with shortages in the supply chain with continuing high demands for products and how they have flexibility in trying new workers within the company.
Retail Earnings Roundup: The Guidance Edition
Fri, 04 Jun 2021 14:10:11 +0000
A look at stocks that have benefited from the at-home trend and what their potential is as things open back up.
Lowe's Companies' (NYSE:LOW) Shareholders Will Receive A Bigger Dividend Than Last Year
Fri, 04 Jun 2021 08:19:14 +0000
The board of Lowe's Companies, Inc. ( NYSE:LOW ) has announced that it will be increasing its dividend on the 4th of…
Also on Market Tamer…
Follow Us on Facebook