LOWE'S COS INC (LOW) Stock Technical Analysis
NYSE:LOW - US5486611073 - Common Stock
269.97 USD
+5.4 (+2.04%)
270.5 USD
+0.53 (+0.2%)
Taking everything into account, LOW scores 8 out of 10 in our technical rating. Although LOW is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
LOW is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so LOW is lagging the market slightly.
In the last month LOW has a been trading in the 237.81 - 270.68 range, which is quite wide. It is currently trading near the high of this range.
LOW has an average volume of 2834690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, LOW did better than 72% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
LOW is part of the Specialty Retail industry. There are 123 other stocks in this industry, LOW did better than 60% of them.
Although LOW has an excellent technical rating, it does not offer a high quality setup 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
272.67
When analyzing the support we can see 5 important areas.
- Support @268.42 from a horizontal line in the daily time frame.
- A support zone ranging from 255.82 to 260.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @222.66 from a horizontal line in the daily time frame.
- Support @216.48 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 | UP | POSITIVE | The long term trend for LOW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LOW is up. |
| ChartMill Relative Strength | 72.96 | POSITIVE | LOW has a high relative strength, it outperformed 72.96% 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) | 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) | 75.6 | OVERBOUGHT | The high RSI value suggests LOW may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests LOW has a positive trend. |
| Stochastics (14,3) | 80.79 | OVERBOUGHT | The high Stochastics value suggests LOW may be overbought. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for LOW suggests some volalility. |
| Average Directional Index/ADX (14) | 47.3 | 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)
269.97
+5.4 (+2.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg2.04%
1 Week4.83%
2 Weeks5.6%
1 Month13.17%
3 Month19.84%
6 Month11.25%
12 Month10.73%
2 Year29.89%
3 Year43.75%
5 Year62.77%
10 Year291.72%
15 Year1111.17%
Volatility
ATR(14)5.08
ATR(20)%2.02%
ATR Inc0.62%
Range Today5.45
ADR(20)4.85
ADR(20)%1.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.96
Mansfield0.06
10 Day High270.68
10 Day Low254.64
20 Day High270.68
20 Day Low237.81
52 Week High287.01
52 Week Low206.39
CS1 End268.42
CR1 StartN/A
Volume & EV
DER(3)-2.72%
DER(5)-0.23%
Volume4.49M
Volume Incr-21.06%
Vol(5)2.54M
Vol(50)2.83M