After completing its last trading session, Lowe's Companies, Inc. (NYSE:LOW) dropped by -0.7% – here is what that looked like (as of 2020-01-06):
Why are these moves happning?? To grasp this action better, it is helpful to analyze some technical indicators. As we see it, you should pay the most attention to the following:
A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of 0.027, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 1.237, an Accumulation/Distribution Index (ADI) of 1.237, an On-Balance Volume (OBV) of 846.499, and a Chaiikin Money Flow (CMF) of 120.46. 2.189
Now let’s plug these indicators in. According to Trading View, we can conclude the following:
So there you have it – our analysis of Lowe's Companies, Inc. (NYSE:LOW). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.