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. In the past year, LOW was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
LOW has a bad 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.
More info and screens
208.71
We found 3 important support areas.
- Support @232.16 from a trend line in the weekly time frame.
- A support zone ranging from 221.47 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 212.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 242.23 to 248.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | 29.18 | NEGATIVE | LOW has a low relative strength, it was outperformed by 70.82% off all stocks 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) | DOWN | MIXED | The current price of LOW is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.14 | NEUTRAL | The RSI value for LOW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.43 | NEGATIVE | The MACD value suggests LOW has a negative trend. |
| Stochastics (14,3) | 23.2 | NEUTRAL | The Stochastics value for LOW is a neutral value. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for LOW suggests some volalility. |
| Average Directional Index/ADX (14) | 21.93 | NEUTRAL | The ADX value for LOW suggests a possible start of a new trend. |
242.07
+1.63 (+0.68%)
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 49.1387. 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 232.16 and a resistance level at 242.23. Check the full technical report for our detailed analysis of LOW support and resistance levels.