LOW Technical Analysis - LOWE'S COS INC

Technical Rating and Analysis

Overall LOW gets a technical rating of 1 out of 10. In the last year, LOW was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.

When comparing the yearly performance of all stocks, LOW is a bad performer in the overall market: 67% of all stocks are doing better.

LOW is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.

LOW has an average volume of 2779470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

The short term trend is negative, the long term trend is neutral. Not much exciting going on here.

LOW is part of the Specialty Retail industry. There are 119 other stocks in this industry, LOW did better than 50% 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.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

Setup Rating and Analysis

LOW has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

208.71

276.16

We found 3 important support areas.

Support @232.47 from a trend line in the daily time frame.
Support @222.66 from a horizontal line 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.

We found 1 important resistance 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.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

Technical Indicator Signal Analysis

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	DOWN	NEGATIVE	The short term trend for LOW is down.
ChartMill Relative Strength	33.61	NEUTRAL	LOW is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	MIXED	The current price of LOW is above a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of LOW is below 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)	45.37	NEUTRAL	The RSI value for LOW is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.85	POSITIVE	The MACD value suggests LOW has a positive trend.
Stochastics (14,3)	77.39	NEUTRAL	The Stochastics value for LOW is a neutral value.
Average True Range in percent/ATR (20)	1.74	LOW VOLATILITY	The low ATR as a percentage value for LOW suggests low volalility.
Average Directional Index/ADX (14)	27.88	POSITIVE	The high ADX value value for LOW suggests a strong trend.