pool adsLOWE'S COMPANIES $LOW Technical Update
The LOWE'S COMPANIES (NYSE: LOW) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for LOW, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.
Technical Summary
| Term → | Near | Mid | Long |
|---|---|---|---|
| Rating | Weak | Neutral | Neutral |
| P1 | 95.83 | 94.31 | 82.13 |
| P2 | 97.50 | 99.33 | 96.02 |
| P3 | 99.11 | 103.48 | 110.07 |
Support and Resistance Plot Chart for LOW
Long Term Trading Plans for LOW
August 15, 2018, 6:30 pm ET
The Technical Summary and Trading Plans for LOW help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this LOW Report.
LOW - (Long) Support Plan
Buy over 96.02 target 110.07 stop loss @ 95.76.
The technical summary data tells us to buy LOW near 96.02 with an upside target of 110.07. This data also tells us to set a stop loss @ 95.76 to protect against excessive loss in case the stock begins to move against the trade. 96.02 is the first level of support below 96.69 , and by rule, any test of support is a buy signal. In this case, support 96.02 is being tested, a buy signal would exist.
LOW - (Short) Resistance Plan
Short under 110.07 target 96.02 stop loss @ 110.33
The technical summary data is suggesting a short of LOW as it gets near 110.07 with a downside target of 96.02. We should have a stop loss in place at 110.33 though. 110.07 is the first level of resistance above 96.69, and by rule, any test of resistance is a short signal. In this case, if resistance 110.07 is being tested, a short signal would exist.
