LOWE S COMPANIES INC.
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 10/14/2019 (GMT)

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  • Timeframe : Daily
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  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Bullish
De fond: Strongly bullish
Technical indicators
56%
28%
17%
My opinion
Bullish above 107.52 USD
My targets
111.02 USD (+0.41%)
113.28 USD (+2.45%)
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 107.52 USD. Crossing the first resistance at 111.02 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 113.28 USD as an objective. Crossing it would then enable buyers to target 117.11 USD. Caution, a return to below 107.52 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.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
FORCE
0
10
6.3

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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The LOWE S COMPANIES INC. price is 110.57 USD. On the day, this instrument lost -0.22% with the lowest point at 110.41 USD and the highest point at 111.00 USD. The deviation from the price is +0.14% for the low point and -0.39% for the high point.

110.41
111.00
110.57

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

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


A technical analysis in Daily of this LOWE S COMPANIES INC. chart shows a strongly 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 scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily



On the 18 technical indicators analysed, 10 are bullish, 3 are neutral and 5 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Near resistance of channel

Type : Bearish

Timeframe : Daily



The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

Upside gap

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 99.33 101.39 107.52 110.57 111.02 113.28 117.11
Change (%) -10.17% -8.30% -2.76% - +0.41% +2.45% +5.91%
Change -11.24 -9.18 -3.05 - +0.45 +2.71 +6.54
Level Minor Minor 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
Standard104.88105.66106.93107.71108.98112.87114.09
Camarilla107.63107.81108.00108.19108.38108.57108.75
Woodie105.12105.78107.17107.83109.22109.88111.27
Fibonacci108.37109.23109.76110.62111.48112.01109.76


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard96.70100.64104.03107.98111.37115.38119.10
Camarilla105.40106.08106.75107.42108.09108.77109.44
Woodie96.42100.50103.75107.84111.09115.17118.42
Fibonacci103.36105.65107.07109.37111.66113.08115.31


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard100.04104.43107.19111.58114.34118.73121.49
Camarilla107.99108.65109.31109.96110.62111.27111.93
Woodie99.24104.02106.39111.17113.54118.32120.69
Fibonacci104.43107.16108.85111.58114.31116.00118.73

Numerical data


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

Technical indicators
Moving averages

RSI (14): 56.81
MACD (12,26,9): -0.2200
Directional Movement: 5.72
AROON (14): -50.00
DEMA (21): 108.96
Parabolic SAR (0,02-0,02-0,2): 104.59
Elder Ray (13): 1.83
Super Trend (3,10): 112.65
Zig ZAG (10): 110.81
VORTEX (21): 0.9000
Stochastique (14,3,5): 71.81
TEMA (21): 108.20
Williams %R (14): -18.88
Chande Momentum Oscillator (20): -0.18
Repulse (5,40,3): 0.7600
ROCnROLL: 1
TRIX (15,9): 0.0100
Courbe Coppock: 4.74
MA7: 108.31
MA20: 109.50
MA50: 107.04
MA100: 103.28
MAexp7: 108.99
MAexp20: 108.93
MAexp50: 107.68
MAexp100: 105.79
Price / MA7: +2.09%
Price / MA20: +0.98%
Price / MA50: +3.30%
Price / MA100: +7.06%
Price / MAexp7: +1.45%
Price / MAexp20: +1.51%
Price / MAexp50: +2.68%
Price / MAexp100: +4.52%

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

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