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 $48.00 short call and a strike $55.00 long call offers a potential 7.69% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $48.00 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $6.50 would be incurred if the stock rose above the $55.00 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 36.48 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
10 Best Foreclosure Markets in America
Tue, 15 Apr 2014 03:09:10 GMT
Can Big March Thaw In Retail Sales Grow The Economy?
Mon, 14 Apr 2014 21:08:00 GMT
Key social media ad spending trends for companies like Facebook
Mon, 14 Apr 2014 13:00:18 GMT
10 Most Affordable Housing Markets for the Middle Class
Sun, 13 Apr 2014 23:02:11 GMT
Land's End: Gloomy Outlook for Sears' Spinoff
Sat, 12 Apr 2014 04:01:00 GMT
Also on Market Tamer…
Follow Us on Facebook