The Chart of the Day belongs to Lowe’s Companies (LOW). I found the stock by sorting the New High List for new high frequency in the last month then used the Flipchart feature to review the charts. Since the Trend Spotter signaled another buy on 10/21 the stock is up 7.88%.
Lowe’s Companies Inc. is a retailer of home improvement products in the world, with specific emphasis on retail do-it-yourself and commercial business customers. Lowe’s specializes in offering products and services for home improvement, home decor, home maintenance, home repair and remodeling and maintenance of commercial buildings. Lowe’s principal customer groups are do-it-yourself retail customers and commercial business customers.
Barchart’s Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.
Barchart technical indicators:
Fundamental factors:
The 20 – 50 day MACD Oscillator has been the best trading strategy on this stock and should be used to find an exit point.
