LOWE'S COS INC (LOW) Stock Technical Analysis
NYSE:LOW • US5486611073
We assign a technical rating of 6 out of 10 to LOW. LOW has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- 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.
- LOW has an average volume of 2710870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, LOW outperforms 69% of them, which is more or less in line with the market.
- LOW is part of the Specialty Retail industry. There are 123 other stocks in this industry, LOW did better than 65% of them.
- In the last month LOW has a been trading in the 262.67 - 293.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
LOW has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 287.40. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 267.22, a Stop Loss order could be placed below this zone.
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212.86
4 important support areas can be observed.
- A support zone ranging from 263.98 to 267.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 238.64 to 240.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 223.57 to 224.85. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 215.01 to 215.21. 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 287.40 to 287.40. 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 | NEUTRAL | NEUTRAL | The short term trend for LOW is neutral. |
| ChartMill Relative Strength | 69.69 | NEUTRAL | LOW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LOW is below a declining 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) | 49.89 | NEUTRAL | The RSI value for LOW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.3 | NEGATIVE | The MACD value suggests LOW has a negative trend. |
| Stochastics (14,3) | 45.25 | NEUTRAL | The Stochastics value for LOW is a neutral value. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for LOW suggests some volalility. |
| Average Directional Index/ADX (14) | 25.72 | POSITIVE | The high ADX value value for LOW suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 281.78 | 272.33 | 9.45 (3.35%) | 25.00% |
| An entry @281.78. This is a Buy Stop order right above the 10 day moving average. | An exit @272.33. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 9.45 points, which is 3.35%. | For a 0.84% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of LOW. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
274.36
-6 (-2.14%)
LOWE'S COS INC / LOW FAQ
What is the technical rating for LOW stock?
ChartMill assigns a technical rating of 6 / 10 to LOW.
What is the current trend direction of LOWE'S COS INC (LOW) stock?
The current trend direction for LOWE'S COS INC (LOW) is Bullish.
Can you provide the RSI signal for LOWE'S COS INC?
LOWE'S COS INC (LOW) has an RSI value of 49.8943. This indicates that the stock is currently neutral.
What is the MACD signal for LOW stock?
The MACD indicator for LOWE'S COS INC (LOW) has a value of -1.30005, indicating a bearish trend.