LOWE'S COS INC (LOW) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LOW - US5486611073 - Common Stock
We assign a technical rating of 8 out of 10 to LOW. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, LOW is only an average performer.
- The long and short term trends are both positive. This is looking good!
- LOW is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month LOW has a been trading in the 239.54 - 278.44 range, which is quite wide. It is currently trading near the high of this range.
- LOW has an average volume of 3149790 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 70% 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 121 other stocks in this industry, LOW did better than 69% of them.
Although LOW has an excellent technical rating, it does not offer a high 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.
More info and screens
213.06
We found 5 important support areas.
- A support zone ranging from 250.84 to 256.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 240.43 to 246.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @235.04 from a trend line in the weekly time frame.
- A support zone ranging from 223.03 to 223.57. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @215.21 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 277.56 to 277.56. 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 | 70.17 | POSITIVE | LOW has a high relative strength, it outperformed 70.17% 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) | UP | POSITIVE | The current price of LOW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.22 | OVERBOUGHT | The high RSI value suggests LOW may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.11 | POSITIVE | The MACD value suggests LOW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.38 | OVERBOUGHT | The high Stochastics value suggests LOW may be overbought. |
| Average True Range in percent/ATR (20) | 2.21 | MEDIUM VOLATILITY | The ATR as a percentage value for LOW suggests some volalility. |
| Average Directional Index/ADX (14) | 26.82 | POSITIVE | The high ADX value value for LOW suggests a strong trend. |
277.11
+8.71 (+3.25%)
LOWE'S COS INC / LOW FAQ
What is the technical rating for LOW stock?
ChartMill assigns a technical rating of 8 / 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 70.2152. This indicates that the stock is currently overbought.
What is the MACD signal for LOW stock?
The MACD indicator for LOWE'S COS INC (LOW) has a value of 2.10775, indicating a bullish trend.
What is the buy/sell signal for LOWE'S COS INC (LOW) stock?
The buy/sell signal for LOWE'S COS INC (LOW) is buy as both the short term and long term trends are positive.