(LOW) Proactive Strategies

November 30, 2024, 18:00 pm ET, BY Randall S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for LOW

• Buy LOW near 262.83 target 281.37 stop loss @ 262.07 Details

The technical summary data tells us to buy LOW near 262.83 with an upside target of 281.37. This data also tells us to set a stop loss @ 262.07 to protect against excessive loss in case the stock begins to move against the trade. 262.83 is the first level of support below 272.43 , and by rule, any test of support is a buy signal. In this case, support 262.83 is being tested, a buy signal would exist.

• Short LOW slightly under 281.37, target 262.83, stop loss @ 282.18 Details

The technical summary data is suggesting a short of LOW as it gets near 281.37 with a downside target of 262.83. We should have a stop loss in place at 282.18though. 281.37 is the first level of resistance above 272.43, and by rule, any test of resistance is a short signal. In this case, if resistance 281.37 is being tested, a short signal would exist.

Swing Trading Plans for LOW

• Buy LOW slightly over 275.06, target 281.37, Stop Loss @ 274.27 Details

If 275.06 begins to break higher, the technical summary data tells us to buy LOW just slightly over 275.06, with an upside target of 281.37. The data also tells us to set a stop loss @ 274.27 in case the stock turns against the trade. 275.06 is the first level of resistance above 272.43, and by rule, any break above resistance is a buy signal. In this case, 275.06, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short LOW slightly near 275.06, target 264.91, Stop Loss @ 275.85. Details

The technical summary data is suggesting a short of LOW if it tests 275.06 with a downside target of 264.91. We should have a stop loss in place at 275.85 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 275.06, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for LOW

• Buy LOW slightly over 273.62, target 275.06, Stop Loss @ 272.98 Details

If 273.62 begins to break higher, the technical summary data tells us to buy LOW just slightly over 273.62, with an upside target of 275.06. The data also tells us to set a stop loss @ 272.98 in case the stock turns against the trade. 273.62 is the first level of resistance above 272.43, and by rule, any break above resistance is a buy signal. In this case, 273.62, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short LOW slightly near 273.62, target 264.91, Stop Loss @ 274.26. Details

The technical summary data is suggesting a short of LOW if it tests 273.62 with a downside target of 264.91. We should have a stop loss in place at 274.26 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 273.62, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Lowe's Companies Inc. (LOW) available here: LOW.

LOW Ratings for November 30:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Strong
P1	0	0	244.26
P2	273.62	264.91	262.83
P3	279.06	275.06	281.37

AI Generated Signals for LOW

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Don't over think it!  Trading Lowe's Companies Inc. (NYSE: LOW) or any other stock can be rewarding if the simple rules of technical analysis are observed before making any decisions.  This should be an integral part of the investment process.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for LOW change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if LOW is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for LOW too.  All of these are offered below the Summary Table.