Previous Hold Today LOW ranks #1292 as HOLD CANDIDATE #1292 Next Hold

LOW stock forecast Lowe's Companies Inc

LOW stock forecast

VOLUME
Sell
TREND
Buy
MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Buy

LOW Forecast and Technical Stock Analysis

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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.

Quick summary:

  • 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.
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Trend

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.

Top Golden Star Stocks

Signals

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.

The stock had a Golden Star Signal* on Thursday June 27, 2019 in the short-term chart.

* 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.
7.0752818035427

Access today's Top 5 Golden Star Companies

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.

Support: $97.87 Price: $106.39 Resistance: $107.40

Risk

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

Overall risk:

Very Low Low Medium High Very High

Hold/Accumulate Downgraded

Evaluation

Lowe's Companies Inc holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level, we recommend to hold or accumulate in this position whilst awaiting further development.

Previous Hold Today LOW ranks #1292 as HOLD CANDIDATE #1292 Next Hold

Will LOW stock price go up or down on Mon, 26 Aug 2019?

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!

Get access to Golden Star list now!
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