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Archive
- 10/5/2018
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Lowe's Cos.
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Summary:
Weekly :Overbought sectorLane's Stochastic is overboughtBroken trend resistance line
Daily :The price has fallen below the Parabolic SARLane's Stochastic is oversoldThe price has declined below the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was the negative week for the Lowe's Cos. (LOW). During the week, the LOW dropped -5.08 points, or -4.42%, and closed at 109.74 on Friday, October 05, 2018. Weekly volume was -10% below average.

LOW is a member of Services Sector. Services is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See LOW long-term trend chart]
A long-term uptrend had started on March 9, 2009 at 13.00 and reached 117.70 on September 28, 2018. LOW gained -104.70 points, or -805.38%, in 498 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (80.92) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See LOW medium-term trend chart]
A medium-term uptrend had started on August 23, 2017 at 70.76 and reached 117.70 on September 28, 2018. LOW gained -46.94 points, or -66.34%, in 57 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 87.83 and resistance is at 169.75. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See LOW weekly technical indicators chart]
Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.

The weekly MACD line is above its signal line since June 1, 2018. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See LOW short-term trend chart]
A short-term downtrend had started on September 28, 2018 at 117.70 and reached 108.39 on October 5, 2018. LOW lost 9.31 points, or 7.91%, in 7 days. The price is now at the 14.50% retracement level.

Daily Technical Indicators: [See LOW daily technical indicators chart]
Daily Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Lane's Stochastic.

The daily MACD line is below its signal line since September 24, 2018. This is an indication that the short-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term downtrend is strong.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 32.17
Williams' Percentage Range (W%R) 75.80
Lane's Stochastic (%D-Slow) 8.06
Strong Oversold
Greed/Fear Indicator (GFI) 21.47
Moving Average Converg./Diverg. (MACD) 2.19
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 70.19
Williams' Percentage Range (W%R) 21.70
Lane's Stochastic (%D-Slow) 89.36
Overbought
Greed/Fear Indicator (GFI) 75.96
Moving Average Converg./Diverg. (MACD) 4.60
Trading Signals
Description Value Chart
Upper Bollinger Band 115.89
Weekly Stochastic Crossing 115.26
Parabolic System 114.70
20 Day Moving Average 113.99
Price 109.74
Daily Stochastic Crossing 109.05
Lower Bollinger Band 108.57
50 Day Moving Average 106.94
Yearly Trendline Resistance 102.83
Quarterly Trendline Support 87.83
Sector and Industry
Description Name Rank
Sector Services 8
Industry Home Improvement Stores 108
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 117.70
High Date 09/28/2018
Low 108.39
Low Date 10/05/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 117.70
High Date 09/28/2018
Low 108.39
Low Date 10/05/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 81.16
Low Date 05/01/2018
High 117.70
High Date 09/28/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 169.75
Support 87.83
Low 70.76
Low Date 08/23/2017
High 117.70
High Date 09/28/2018
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 102.83
Support 80.92
Low 13.00
Low Date 03/09/2009
High 117.70
High Date 09/28/2018
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

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