A look at Lowes Cos (LOW).– — How Low Can LOW Go?

by DAN Lowes Cos. ($LOW) averages are at $49.80 (21 day SMA), $48.49 (50 day SMA), $42.79 (200 day SMA). Over the past 52 weeks LOW has traded from a low of $33.73 to a high of $52.08. LOW was last at $50.93 on a volume of 7,359,310. Average daily volume has been at 7,089,169.

52 Week Range $33.73-$52.08 Market Cap 53,525,514,322 Average Volume 7,089,169 Dividend Yield 1.39% Institutional Ownership 80.70% Insider Ownership: 0.30% Percentage of Float Short 2.20% Beta 1.25

Lowe’s Companies (LOW) has been in a very steady uptrend since late-2012 and has doubled in price. The steady source of support for pullbacks in this strong stock has been the 50-day moving average. Each time LOW has fallen to that level, buying interest has stopped the fall and pushed the stock to new highs. Currently, LOW is just $2 above that key moving average. Those who have been looking for an entry point may want to watch the 50-day moving average — currently at $48.68. Any bounce off that level would be a buy signal.

Lowe’s Companies Inc., is a home improvement retailer, which serves homeowners, renters and Commercial Business Customers.

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