LOW Forecast and Technical Stock Analysis
Hold candidate since 2019-08-19 Gain 11.93%
Lowe's Companies Inc fell by -1.64% in the last day ( Friday, 23rd Aug 2019 ) from $108.16 to $106.39 During the day the stock fluctuated 1.97% from a day low at $105.76 to a day high of $107.84. The price has risen in 6 of the last 10 days and is up by 7.96% over the past 2 weeks. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -1.82 million shares and in total 5.40 million shares bought and sold for approximately $574.76 million.
- 30 day high of the LOW stock price was $110.24 and low was $91.82.
- 90 day high was $110.24 and low was $91.60.
- 52 week high for Lowe's Companies Inc - $118.23 and low - $84.75.
Lowe's Companies Inc lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 4.66% during the next 3 months and, with 90% probability hold a price between $98.22 and $115.37 at the end of this period.
Lowe's Companies Inc holds buy signals from both short- and long-term moving averages, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down there will be some support from the lines at $100.40 and $101.53. A break down below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Thursday August 22, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
* Golden Star Signal* is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 67 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
On the downside, the stock finds support just below today's level from accumulated volume at $97.87 and $93.23.
There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Lowe's Companies Inc finds support just below today's level at $97.87. If this is broken, then the next support from accumulated volume will be at $93.23 and $91.87.
This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $2.09 between high and low, or 1.97%. For the last week, the stock has had a daily average volatility of 2.37%.
Our recommended stop-loss: $101.29 (-4.79%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from pivot top found 1 day(s) ago.)
2.37 %Average volatility
Very Low Low Medium High Very High
|LOW $106.39 ($-1.77 -1.64%)|
LOW is down $1.77 today, but where's it headed in 2019?
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Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!