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After Yesterday's Decline of 1.70%, Lowe'S Cos Inc Offers Investors Better Value

By Nick Russo

Lowe'S Cos Inc (:LOW) traded in a range yesterday that spanned from a low of $94.32 to a high of $95.32. Yesterday, the shares fell 1.7%, which took the trading range below the 3-day low of $95.16 on volume of 2.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend is monitoring the recent change of momentum in Lowe'S Cos Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Lowe'S Cos Inc in search of a potential trend change.

Lowe'S Cos Inc share prices have moved between a 52-week high of $118.23 and a 52-week low of $84.75 and are now trading 12% above that low price at $94.94 per share. The 200-day and 50-day moving averages have moved 0.03% lower and 0.20% higher over the past week, respectively.

Keywords: rebounders :low lowe's cos inc

Ticker(s): LOW