LOWE S COMPANIES INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	LOW
ISIN:

LOWE S COMPANIES INC. - Daily - Technical analysis published on 11/11/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

72%

22%

My opinion

Bullish above 257.41 USD

My targets

282.85 USD (+3.34%)

My analysis

The basic bullish trend is very strong on LOWE S COMPANIES INC. but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 257.41 USD. Crossing the first resistance at 282.85 USD would be a sign of a potential new surge in the price. Caution, a return to below 257.41 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.5

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by robby1966. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The LOWE S COMPANIES INC. price is 273.71 USD. The price has increased by +0.96% since the last closing with the lowest point at 272.29 USD and the highest point at 276.30 USD. The deviation from the price is +0.52% for the low point and -0.94% for the high point.

272.29

276.30

273.71

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by LOWE S COMPANIES INC.:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of LOWE S COMPANIES INC. in Daily shows a strongly overall bullish trend. The signals given by moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

MACD indicator is back over 0

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:

Upside gap

Type : Bullish

Timeframe : Daily

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	247.87	257.41	271.49	273.71	282.85
Change (%)	-9.44%	-5.96%	-0.81%	-	+3.34%
Change	-25.84	-16.30	-2.22	-	+9.14
Level	Major	Intermediate	Intermediate	-	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	264.72	266.31	268.71	270.30	272.70	274.29	276.69
Camarilla	270.00	270.37	270.73	271.10	271.47	271.83	272.20
Woodie	265.12	266.51	269.11	270.50	273.10	274.49	277.09
Fibonacci	266.31	267.84	268.78	270.30	271.83	272.77	274.29

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	246.95	252.10	261.60	266.75	276.25	281.40	290.90
Camarilla	267.07	268.41	269.76	271.10	272.44	273.79	275.13
Woodie	249.13	253.19	263.78	267.84	278.43	282.49	293.08
Fibonacci	252.10	257.70	261.15	266.75	272.35	275.80	281.40

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	227.17	243.69	252.76	269.28	278.35	294.87	303.94
Camarilla	254.79	257.14	259.48	261.83	264.18	266.52	268.87
Woodie	223.45	241.83	249.04	267.42	274.63	293.01	300.22
Fibonacci	243.69	253.47	259.51	269.28	279.06	285.10	294.87

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	58.43
MACD (12,26,9):	0.5000
Directional Movement:	4.35
AROON (14):	21.43
DEMA (21):	269.31
Parabolic SAR (0,02-0,02-0,2):	257.54
Elder Ray (13):	6.09
Super Trend (3,10):	276.69
Zig ZAG (10):	274.36
VORTEX (21):	0.9500
Stochastique (14,3,5):	72.28
TEMA (21):	266.55
Williams %R (14):	-10.66
Chande Momentum Oscillator (20):	2.91
Repulse (5,40,3):	1.6100
ROCnROLL:	1
TRIX (15,9):	0.0300
Courbe Coppock:	5.81

MA7:	267.07
MA20:	270.16
MA50:	264.30
MA100:	248.61
MAexp7:	268.57
MAexp20:	268.18
MAexp50:	263.07
MAexp100:	253.06
Price / MA7:	+2.49%
Price / MA20:	+1.31%
Price / MA50:	+3.56%
Price / MA100:	+10.10%
Price / MAexp7:	+1.91%
Price / MAexp20:	+2.06%
Price / MAexp50:	+4.04%
Price / MAexp100:	+8.16%

Quotes : - 15 min delayed data - NYSE Stocks

News

Don't forget to follow the news on LOWE S COMPANIES INC.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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