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LOWE'S COMPANIES INCLOWE'S COMPANIES INCLOWE'S COMPANIES INC

LOWE'S COMPANIES INC

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LOW trade ideas

Strategy: The 1.61 Head Fake Strategy. The 1.61 head fake strategy is intended to give early signals of where a high/low might be and be an early tell on the potential turn of the trend. This strategy can be used for both pullbacks and reversals. When traded as a correction, this strategy usually is successful in the forecasting and trading of the end of Elliot wave 5 heading into the ABC. Absolute highs and lows can also be made with this 1.61 head fake. Breaking of the 2.20 fib triggers failure of this strategy.
NYSE:LOWEducation
by holeyprofit
Strategy: 76 Correction Trend Continuation. The 76 correction strategy aims to pick up optimal continuation trades into large retracements. It's a trend following strategy that aims to enter into strong counter trend moves to a 76% retracement of the previous trend leg. This strategy usually performs best when combined with Elliot wave. Waiting for there to be a full impulsive leg in 5 waves followed by a big ABC correction. The strategy aims to pick up trades into the "C" point in such a correction. With a default minimum risk:reward of 1:3 the strategy is expected to breakeven on win rates of 35% or higher.
NYSE:LOWEducation
by holeyprofit
2
LOW is expected to report earnings to fall -49% to $1.68 per shaThe last earnings report on October 31 showed earnings per share of $3.27, beating the estimate of $3.02. P/B Ratio (0.000) is normal, around the industry mean (8.869). P/E Ratio (17.834) is within average values for comparable stocks, (28.574). Projected Growth (PEG Ratio) (3.190) is also within normal values, averaging (2.899). Dividend Yield (0.019) settles around the average of (0.035) among similar stocks. P/S Ratio (1.524) is also within normal values, averaging (84.116). With 2.10M shares outstanding, the current market capitalization sits at 133.75B.
NYSE:LOW
by tickeron
$LOW Consolidation PennantNYSE:LOW has been on a tear since its Oct 27 low. The volume of buying during December 13, 14 and 15th is amazing. We now have a nice 8-day consolidation going that has formed a bullish pennant. In addition, today is shaping up to be an inside day. I do not know which way this will break but I did put on a one-third size position today with a stop just below the Dec 20th low. I will look to add to my position should it break to the upside. All TBD. See the chart for other essential information. Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
NYSE:LOWLong
by jaxdog
LOW - have patience with this dipNYSE:LOW current movement is similar to what we see across the consumer discretionary sector. It has also been consolidating in a long term symmetrical triangle. There are three supporting areas that I've kept an eye on: The 12/13/23 gap (215). Price fell through this level yesterday. The variable weighted average price anchored to the 11/2/23 breakout (208-209) The lower level of the symmetrical triangle (187-190) If that AVWAP acts as support we'll want to anchor another to the prior high and monitor the sentiment between buyers and sellers. If it fails, the lower level of the triangle is potentially in play over the next few months. It's worth noting that shorter and longer term momentum indicators have rolled over and that the first half of the year historically offers multiple buying opportunities.
NYSE:LOWLong
by Ben_1148x2
Lowe's (NYSE: LOW) Earnings OverviewOver the last 1 year, LOW has beaten estimates 100% of the time and has beaten revenue estimates 75% of the time. Retailers might see their demand softening as consumers could tighten their purse strings as economists expect a slowdown ahead in the backdrop of higher-for-longer interest rates. The market is growing too negative about the housing DIY market, and investors should begin buying Lowe’s Inc Stock. The company had beaten its expectations in its Q2 earnings. Fears on consumer spending are not the only thing the company is battling now. Lowe's had also pointed to a rise in crime as a factor of reduced earnings and noted that the issue could continue to cut into their financial results. In September, the National Retail Foundation reported that in 2022, retail theft rose ~20% from a year earlier. Technical Analysis LOW is trading near the bottom of its 52-week range and below its 200-day simple moving average. What does this mean? Investors have been pushing the share price lower, and the stock still appears to have downward momentum. This is a neutral sign for the stock's future value. ABOUT THE COMPANY Lowe's Companies, Inc. (Lowe's) is a home improvement company. The Company operates home improvement and hardware stores. The Company offers a range of products for maintenance, repair, remodeling and decorating. The Company offers home improvement products in categories, including Appliances, Seasonal and Outdoor Living, Lawn and Garden, Lumber, Kitchens and Bath, Tools, Paint, Millwork, Hardware, Flooring, Rough Plumbing, Building Materials, Decor, Lighting, and Electrical.
NYSE:LOW
by DEXWireNews
💵  E a r n i n g s J o u r n a l📶 S T A T I S T I C A L A N A L Y S I S           Current 50-Day Market Trend: short/sellers/negative. Next Swing: neutral swing of volatility. Next Wave: sell wave to the range. Next 50-Day Market Trend: long/buyers/positive. Trade Type: Touch & Go don't wait for a close.          💵 E A R N I N G S A T A G L A N C E Market Capitalization: 117.558B Release Date: 11/21 BMO Quarter: FQ3'23 _______________________________________________ Revenue Anticipations: positive surprise of Revenues. Revenue Surprise-Confidence: on a scale of 0-9, #4 Revenue 2-Year Trend: the company trend in Revenues is neutral. _______________________________________________ EPS Anticipations: positive surprise of EPS. EPS Surprise-Confidence: on a scale of 0-9, #2 EPS 2-Year Trend: the company trend in EPS is neutral. _______________________________________________ 📝 S Y N O P S I S  🟢 Buy ~ If the earnings report is above the Wall Street consensus, I expect the market will buy the +surprise.  ⚪ Neutral ~ If the earnings report is released with complicating press, I expect the market will avoid the surprise and invest in alternative securities.  🔴 Sell ~ If the earnings report is below the Wall Street consensus, I expect the market will sell the -surprise. 🔎 R E S E A R C H D E P T H Technical Analysis: daily chart. Fundamental Analysis: EPS & Revenue data. Press/News: none. Social Media: none. ☝️ P R O V I S I O N The analysis presented is incomplete work thereby can't safely trade in the Market by itself.
NYSE:LOW
by UnknownUnicorn28743597
LOW Lowe's Companies Options Ahead of EarningsIf you haven`t sold LOW ahead of the previous earnings: Then analyzing the options chain and the chart patterns of RUM Rumble prior to the earnings report this week, I would consider purchasing the 210usd strike price Calls with an expiration date of 2023-12-15, for a premium of approximately $3.70. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it.
NYSE:LOWLong
by TopgOptions
LOW WCA - Ascending TriangleCompany: Lowe's Companies, Inc. Ticker: LOW Exchange: New York Stock Exchange (NYSE) Sector: Consumer Discretionary Introduction: In today's technical analysis, we're focusing on Lowe's Companies, Inc. (LOW), a prominent player in the Consumer Discretionary sector listed on the New York Stock Exchange. Lowe's weekly chart is currently showcasing an Ascending Triangle pattern, indicative of a potential bullish reversal. Ascending Triangle Pattern: An Ascending Triangle pattern typically emerges during periods of consolidation and is often considered a bullish indicator. The pattern is characterized by a flat upper trendline (resistance) and an ascending lower trendline (support), both of which converge as the pattern matures. Analysis: Previously, Lowe's was in a noticeable downtrend, as indicated by the blue diagonal resistance line. However, over the last 420 days, Lowe's stock price has consolidated, forming an Ascending Triangle pattern. This pattern is considered to act as a bullish reversal indicator. The Ascending Triangle's upper horizontal boundary lies at $221, boasting three touchpoints, while the upward sloping lower boundary also shows three touchpoints. The symmetry of these touchpoints lends credibility to the Ascending Triangle pattern. Should we observe a breakout above the Ascending Triangle, we can anticipate a potential price target of $270. This implies a potential opportunity for a 22% price increase from the breakout level. Conclusion: This analysis suggests that Lowe's Companies, Inc. may be primed for a bullish reversal, representing potential investment opportunities. As always, it's essential to validate this technical analysis with other indicators, market trends, and relevant news for comprehensive investment decisions. Not financial advice. If you found this analysis helpful, please consider liking, sharing, and following for more insights. Wishing you profitable trading! Best regards, Karim Subhieh
NYSE:LOW
by KarimSubhieh
Lowes Mixed Earnings Reports 🛠Lowe’s reports earnings before the open on Tuesday, with lacklustre guidance overshadowing a Q1 report that beat analyst expectations. For the first quarter, the North Carolina-based specialty retailer reported $3.67 in earnings per share on $22.3B in sales. Analysts had anticipated $3.45 in earnings per share on $21.68B in revenue. However, comparable sales decreased 4.3%, steeper than the 3.28% drop expected on the Street. Management blamed “lumber deflation, unfavourable weather and lower DIY discretionary sales” for the decline. “We are pleased with the performance of our business despite record lumber deflation and unfavourable spring weather,” CEO Marvin R. Ellison said. “Although we delivered positive comparable sales in Pro and online for the first quarter, we are updating our full-year outlook to reflect softer-than-expected consumer demand for discretionary purchases.”
NYSE:LOW
by BenSparham