LOWE'S COS INC (LOW) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LOW - US5486611073 - Common Stock
We assign a technical rating of 3 out of 10 to LOW. Recently some decent action could be observed, but in the medium term time frame this is still negative. LOW was also a bad performer in the overall market in the last year.
LOW has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 244.24, a Stop Loss order could be placed below this zone.
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208.71
4 important support areas can be observed.
- A support zone ranging from 239.88 to 244.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @232.16 from a trend line in the weekly time frame.
- A support zone ranging from 221.71 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 215.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 245.04 to 248.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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 | 31.2 | NEUTRAL | LOW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LOW is below 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) | UP | POSITIVE | The current price of LOW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.73 | NEUTRAL | The RSI value for LOW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.56 | NEGATIVE | The MACD value suggests LOW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.33 | NEUTRAL | The Stochastics value for LOW is a neutral value. |
| Average True Range in percent/ATR (20) | 1.86 | LOW VOLATILITY | The low ATR as a percentage value for LOW suggests low volalility. |
| Average Directional Index/ADX (14) | 18.58 | NEGATIVE | The low ADX value for LOW suggests a weak or negative trend. |
244.49
+1.49 (+0.61%)
LOWE'S COS INC / LOW FAQ
What is the technical rating for LOW stock?
ChartMill assigns a technical rating of 3 / 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 52.7277. 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 244.24 and a resistance level at 245.04. Check the full technical report for our detailed analysis of LOW support and resistance levels.