LOWE'S COS INC (LOW) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LOW - US5486611073 - Common Stock
We assign a technical rating of 2 out of 10 to LOW. LOW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of LOW is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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208.71
We found 2 important support areas.
- A support zone ranging from 222.66 to 223.57. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 210.82 to 212.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 271.84 to 273.43. 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 | NEUTRAL | NEUTRAL | The short term trend for LOW is neutral. |
| ChartMill Relative Strength | 26.56 | NEGATIVE | LOW has a low relative strength, it was outperformed by 73.44% off all stocks 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) | DOWN | MIXED | The current price of LOW is above a declining 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) | 56.67 | NEUTRAL | The RSI value for LOW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.58 | POSITIVE | The MACD value suggests LOW has a positive trend. |
| Stochastics (14,3) | 80.52 | OVERBOUGHT | The high Stochastics value suggests LOW may be overbought. |
| Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for LOW suggests some volalility. |
| Average Directional Index/ADX (14) | 26.2 | POSITIVE | The high ADX value value for LOW suggests a strong trend. |
241.61
+3.51 (+1.47%)
LOWE'S COS INC / LOW FAQ
What is the technical rating for LOW stock?
ChartMill assigns a technical rating of 2 / 10 to LOW.
Can you provide the trend direction for LOWE'S COS INC?
The current trend direction for LOWE'S COS INC (LOW) is Bearish.
Can you provide the RSI signal for LOWE'S COS INC?
LOWE'S COS INC (LOW) has an RSI value of 56.6666. This indicates that the stock is currently neutral.
Can you provide the short term momentum for LOWE'S COS INC?
The short term momentum for LOWE'S COS INC (LOW) is neutral.
What are the support and resistance levels for LOWE'S COS INC (LOW) stock?
LOWE'S COS INC (LOW) has a support level at 223.57 and a resistance level at 271.84. Check the full technical report for our detailed analysis of LOW support and resistance levels.