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 $207.50 short call and a strike $212.50 long call offers a potential 23.76% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $207.50 by expiration. The full premium credit of $0.96 would be kept by the premium seller. The risk of $4.04 would be incurred if the stock rose above the $212.50 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 45.76 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Lowe’s Companies
Lowe’s taps Mike Shady to lead online business as it eyes continued growth
Wed, 06 Oct 2021 12:06:45 +0000
“We’ve got really tough competition out there and a bar that’s set really high,” says Mike Shady, Lowe’s senior vice president, online. He’s looking to drive additional traffic online and support the home-improvement giant’s omnichannel efforts.
2 Dividend Stocks for Your October Watch List
Tue, 05 Oct 2021 15:00:00 +0000
A key part of those returns can be dividends — and this month brings income payments from a number of major dividend stocks. Let’s look at why these dividend giants deserve a spot on your watch list. Lowe’s next dividend payment will hit investors’ accounts in early November if they own the shares by October 20.
2 Smart Stocks to Buy Now and Hold Forever
Tue, 05 Oct 2021 11:16:00 +0000
It’s easy to overlook the importance of a diversified portfolio, but holding a minimum of 25 high-quality stocks can help shield your total returns from volatility. However, diversity isn’t just about the number of stocks you own; it’s also helpful to spread your investment dollars across a range of different industries.
Billionaire Bill Ackman is smoking ‘mentor’ Warren Buffett with these income stocks
Thu, 30 Sep 2021 20:19:00 +0000
This Buffett acolyte is beating Berkshire at its own game.
This Cheap Stock Could Be a Smart Buy Today
Thu, 30 Sep 2021 14:00:00 +0000
They say a rising tide lifts all boats, and for Lowe’s (NYSE: LOW) this appears to be the case. The strong housing market, supported by low interest rates and short supply, is driving demand for the types of products this home-improvement chain offers.
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