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 $94.00 short put and a strike $89.00 long put offers a potential 7.76% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $94.00 by expiration. The full premium credit of $0.36 would be kept by the premium seller. The risk of $4.64 would be incurred if the stock dropped below the $89.00 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 70.86 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 Looks to the Future With Marvin Ellison
Thu, 31 May 2018 23:34:00 +0000
Will a new CEO fuel a turnaround for the No. 2 home improvement retailer?
What Lowe's Wants You to Know About Its Latest Results
Thu, 31 May 2018 13:13:00 +0000
Highlights from the home improvement giant's first-quarter earnings call.
Is J C Penney Company Inc Stock Dead or Resting?
Thu, 31 May 2018 04:35:05 +0000
When Marvin Ellison suddenly quit as CEO of J C Penney Company Inc (NYSE:JCP) to become CEO of Lowe’s Companies, Inc. (NYSE:LOW), JCP stock collapsed. The task of the board, led by chair Ray Tysoe, is thus a lot simpler today than it was when it found Ellison.
Lowe’s to Yank These Deadly Paint Strippers After Protest
Wed, 30 May 2018 19:06:49 +0000
Paint remove products with methylene chloride and NMP will be pulled from Lowe’s shelves by the end of the year. Methylene chloride is a chemical that has been linked with cancer, reproductive issues and other conditions, according to Safer Chemicals, Healthy Families, the activist group that pushed the company to impose the ban. In 2017, the Environmental Protection Agency proposed a ban on methylene chloride that has yet to be passed.
How Big of a Deal Is Lowe's New CEO?
Wed, 30 May 2018 17:27:06 +0000
Marvin Ellison will leave the top job at J.C. Penney while the retailer is still in mid-turnaround, and take over the No. 2 U.S. home improvement chain.
Also on Market Tamer…
Follow Us on Facebook