Lowe's Companies Inc (LOW) Stock: What Does the Chart Say Wednesday?

The market has been down on Lowe's Companies Inc (LOW) stock recently. LOW gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Lowe's Companies Inc has a Bearish 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. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With LOW Stock Today?

Lowe's Companies Inc (LOW) stock is trading at $213.16 as of 3:32 PM on Wednesday, Jan 3, a drop of -$5.49, or -2.51% from the previous closing price of $218.65. The stock has traded between $212.84 and $216.90 so far today. Volume today is less active than usual. So far 1,984,306 shares have traded compared to average volume of 3,281,063 shares. To see InvestorsObserver's Sentiment Score for Lowe's Companies Inc click here.

More About Lowe's Companies Inc

Lowe's is the second- largest home improvement retailer in the world (behind wide-moat Home Depot), operating 1,971 stores and servicing 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. Lowe's targets retail do-it-yourself and do-it-for-me customers as well as commercial business clients. We estimate Lowe's captures a low-double-digit share of the $900 billion domestic home improvement market, based on Lowe's estimate for market size. Click Here to get the full Stock Report for Lowe's Companies Inc stock.