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Archive
- 8/10/2018
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Lowe's Cos.
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Summary:
Weekly :Overbought sectorWilliams' Percentage Range is overbought
Daily :The period of low volatility of the stock pricePrice is close to the 50 Day Moving Average
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It was a first positive week for the Lowe's Cos. (LOW). During the week, the LOW climbed 0.68 points, or 0.70%, and closed at 98.31 on Friday, August 10, 2018. Weekly volume was -52% 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 108.98 on January 25, 2018. LOW gained -95.98 points, or -738.31%, in 463 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 79.57 and resistance is at 101.48. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern 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 108.98 on January 25, 2018. LOW gained -38.22 points, or -54.01%, in 22 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 85.57 and resistance is at 156.28. 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 Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. 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 Williams' Percentage Range 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. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. 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 July 19, 2018 at 101.98 and reached 96.74 on August 2, 2018. LOW lost 5.24 points, or 5.14%, in 14 days. The price is now at the 29.96% retracement level.

Daily Technical Indicators: [See LOW daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since July 24, 2018. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.

The distance between the Bollinger Bands is falling, and it was 4.88% on Friday. It is 56.06% lower than one year average. It indicates the period of low volatility of the stock price. 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.

Price is close to the 50 Day Moving Average. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 36.47
Williams' Percentage Range (W%R) 53.60
Lane's Stochastic (%D-Slow) 55.14
Greed/Fear Indicator (GFI) 45.99
Moving Average Converg./Diverg. (MACD) 0.37
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 71.09
Williams' Percentage Range (W%R) 13.50
Overbought
Lane's Stochastic (%D-Slow) 74.09
Greed/Fear Indicator (GFI) 74.23
Moving Average Converg./Diverg. (MACD) 2.58
Trading Signals
Description Value Chart
Monthly Trendline Resistance 102.38
Monthly Trendline Support 102.29
Yearly Trendline Resistance 101.48
Upper Bollinger Band 101.04
Weekly Stochastic Crossing 99.69
20 Day Moving Average 99.25
Daily Stochastic Crossing 99.10
50 Day Moving Average 98.42
Price 98.31
Parabolic System 96.72
Lower Bollinger Band 96.23
Quarterly Trendline Support 85.57
Yearly Trendline Support 79.57
Sector and Industry
Description Name Rank
Sector Services 8
Industry Home Improvement Stores 137
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 96.74
Low Date 08/02/2018
High 100.58
High Date 08/09/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 101.98
High Date 07/19/2018
Low 96.74
Low Date 08/02/2018
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 102.38
Support 102.29
Low 81.16
Low Date 05/01/2018
High 101.98
High Date 07/19/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 156.28
Support 85.57
Low 70.76
Low Date 08/23/2017
High 108.98
High Date 01/25/2018
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 101.48
Support 79.57
Low 13.00
Low Date 03/09/2009
High 108.98
High Date 01/25/2018
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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