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Downtrend Broken Resist.Archive
- 10/16/2026 -
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Lowe's Cos. (LOW) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a second positive week after 8 consecutive negative weeks for the Lowe's Cos. (LOW). During the week, the LOW gained 11.38 points, or 6.12%, and closed at 197.38 on Friday, October 16, 2026. It was the best weekly gain since August 7, 2026. Weekly volume was 15% above average.
 Long-term trend: [See LOW long-term trend chart]
A long-term downtrend had started on February 12, 2026 at 293.06 and reached 178.45 on October 5, 2026. LOW lost 114.61 points, or 39.11%, in 33 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (179.05) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. LOW may retest the broken resistance line. It is considered to be a support line now. 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 downtrend had started on August 19, 2026 at 225.79 and reached 178.45 on October 5, 2026. LOW lost 47.34 points, or 20.97%, in 6 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (170.01) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. LOW may retest the broken resistance line. It is considered to be a support line now. 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 medium-term trend.
 Weekly Technical Indicators: [See LOW weekly technical indicators chart]
Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold 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 below its signal line since August 28, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
 Short-term trend: [See LOW short-term trend chart]
A short-term uptrend had started on October 12, 2026 at 183.90 and reached 199.95 on October 16, 2026. LOW gained -16.05 points, or -8.73%, in 4 days. The price is now at the 16.01% retracement level.
 Daily Technical Indicators: [See LOW daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. Use the following link to access Williams' Percentage Range help.
The daily MACD line is above its signal line since October 7, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.
During the last week, the price has moved above 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.
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