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LOW Stock Tickeron detected bearish Stock Pattern: Head-and-Shoulders Top LOW on November 19, 2024, netting in a 9.00% gain over 1 month

A.I.dvisor
at Tickeron.com
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+9.00% Gain from a Successful pattern Head-and-Shoulders Top
LOW - Lowe's Companies
Tickeron
Ticker: LOW
Company: Lowe's Companies
Gain from shortening: +9%
Confirmed: 11/19/24
Succeeded: 12/18/24
Total length: 37 days
On November 11, 2024, A.I.dvisor detected a Head-and-Shoulders Top Pattern (Bearish) for Lowe's Companies (LOW, $274.51). 8 days later, on November 19, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On December 18, 2024, the stock hit the target price of $245.10 – resulting in a gain for traders who shorted the stock on the pattern detection date.

LOW in downward trend: 10-day moving average crossed below 50-day moving average on December 13, 2024

The 10-day moving average for LOW crossed bearishly below the 50-day moving average on December 13, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 12 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 10, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on LOW as a result. In of 84 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for LOW turned negative on December 11, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .

LOW moved below its 50-day moving average on December 10, 2024 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where LOW declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Indicator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 7 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where LOW advanced for three days, in of 356 cases, the price rose further within the following month. The odds of a continued upward trend are .

LOW may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 334 cases where LOW Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.000) is normal, around the industry mean (12.337). P/E Ratio (18.885) is within average values for comparable stocks, (36.771). Projected Growth (PEG Ratio) (3.244) is also within normal values, averaging (2.650). Dividend Yield (0.018) settles around the average of (0.034) among similar stocks. P/S Ratio (1.685) is also within normal values, averaging (19.104).

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 75, placing this stock better than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. LOW’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

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LOW
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General Information

a company, which engages in the retail sale of home improvement products

Industry SpecialtyStores

Profile
Fundamentals
Details
Industry
Home Improvement Chains
Address
1000 Lowes Boulevard
Phone
+1 704 758-1000
Employees
284000
Web
https://www.lowes.com