Is Lowe's Companies Inc (LOW) a Stock to Watch After Gaining 0.77% This Week?

Lowe's Companies Inc (LOW) stock has risen 0.77% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Lowe's Companies Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on LOW!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With LOW Stock Today?

Lowe's Companies Inc (LOW) stock is trading at $205.90 as of 11:20 AM on Thursday, Nov 17, a loss of -$9.23, or -4.29% from the previous closing price of $215.13. The stock has traded between $205.37 and $212.99 so far today. Volume today is low. So far 1,222,762 shares have traded compared to average volume of 3,809,844 shares. To screen for more stocks like Lowe's Companies Inc click here.

More About Lowe's Companies Inc

Lowe's is the second-largest home improvement retailer in the world, operating 1,969 stores and servicing around 230 dealer-owned stores throughout the United States and Canada. The firm's stores offer products and services for home decorating, maintenance, repair, and remodeling, with maintenance and repair accounting for two thirds of products sold. Lowe's targets retail do-it-yourself (around 75% of sales) and do-it-for-me customers as well as commercial and professional business clients (around 25% of sales). We estimate Lowe's captures a low-double-digit share of the domestic home improvement market, based on U.S. Census data and management's estimates for market size. Click Here to get the full Stock Report for Lowe's Companies Inc stock.