LOWE'S COS INC (LOW) Stock Technical Analysis
NYSE:LOW - New York Stock Exchange, Inc. - US5486611073 - Common Stock - Currency: USD
Overall LOW gets a technical rating of 7 out of 10. LOW has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month LOW has a been trading in the 215.85 - 258.50 range, which is quite wide. It is currently trading near the high of this range.
LOW has an average volume of 2705990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, LOW turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
LOW is part of the Specialty Retail industry. There are 123 other stocks in this industry, LOW did better than 59% of them.
LOW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LOW is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although LOW has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
209.57
258.89
When analyzing the support we can see 4 important areas.
- A support zone ranging from 229.99 to 231.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 222.66 to 225.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @215.46 from a trend line in the weekly time frame.
- A support zone ranging from 211.69 to 211.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for LOW is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LOW is up. |
| ChartMill Relative Strength | 59.73 | NEUTRAL | LOW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LOW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LOW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of LOW is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 77.62 | OVERBOUGHT | The high RSI value suggests LOW may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.34 | POSITIVE | The MACD value suggests LOW has a positive trend. |
| Stochastics (14,3) | 92.17 | OVERBOUGHT | The high Stochastics value suggests LOW may be overbought. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for LOW suggests low volalility. |
| Average Directional Index/ADX (14) | 26.92 | POSITIVE | The high ADX value value for LOW suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
256.33
+11.46 (+4.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg4.68%
1 Week7.57%
2 Weeks12.71%
1 Month18.34%
3 Month9.44%
6 Month1.8%
12 Month6.29%
2 Year11.22%
3 Year32.03%
5 Year55.64%
10 Year270.58%
15 Year1163.95%
Volatility
ATR(14)5.54
ATR(20)%1.95%
ATR Inc104.4%
Range Today11.77
ADR(20)4.79
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.73
Mansfield-0.47
10 Day High258.5
10 Day Low221.76
20 Day High258.5
20 Day Low215.85
52 Week High287.01
52 Week Low206.39
CS1 End231.71
CR1 StartN/A
Volume & EV
DER(3)0.86%
DER(5)0.07%
Volume6.03M
Volume Incr22.48%
Vol(5)3.28M
Vol(50)2.71M