Lowe’s Companies’s most recent trend suggests a bullish bias. One trading opportunity on Lowe’s Companies is a Bull Put Spread using a strike $190.00 short put and a strike $185.00 long put offers a potential 16.55% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $190.00 by expiration. The full premium credit of $0.71 would be kept by the premium seller. The risk of $4.29 would be incurred if the stock dropped below the $185.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Lowe’s Companies is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Lowe’s Companies is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Lowe’s Companies
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In this episode of Influencers, Andy is joined by Year Up founder and CEO, Gerald Chertavian, as they discuss racial inequality and the work Gerald is doing to help close the opportunity gap for young Americans.
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Wed, 07 Apr 2021 13:14:01 +0000
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Lowe’s to Present at J.P. Morgan 7th Annual Retail Round-Up Virtual Conference
Wed, 07 Apr 2021 13:00:00 +0000
Lowe’s Companies, Inc. (NYSE: LOW) announced today that David M. Denton, chief financial officer, will participate in a virtual fireside chat at the J.P. Morgan 7th Annual Retail Round-Up Virtual Conference.
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