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Lowe'S Cos Inc Bullish Moving Average Crossover Alert (LOW)

By Shiri Gupta

Lowe'S Cos Inc (:LOW) shares have crossed bullishly above their 10-day moving average of $113.44 on a volume of 285K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Lowe'S Cos Inc share prices have been bracketed by a low of $84.75 and a high of $118.23 and are now at $114.17, 35% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.1% while the 200-day MA has risen 0.3%.

SmarTrend recommended that subscribers consider buying shares of Lowe'S Cos Inc on August 21st, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $108.68. Since that recommendation, shares of Lowe'S Cos Inc have risen 4.4%. We continue to monitor LOW for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses :low lowe's cos inc

Ticker(s): LOW