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TMCNet:  Shares of LOW Up 23.0% Since Uptrend Call on Shares

[January 08, 2013]

Shares of LOW Up 23.0% Since Uptrend Call on Shares

Jan 08, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Lowe's (NYSE:LOW) on August 29th, 2012 at $28.27. In approximately 4 months, Lowe's has returned 23.05% as of today's recent price of $34.78.


In the past 52 weeks, shares of Lowe's have traded between a low of $24.76 and a high of $36.47 and are now at $34.78, which is 40% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.5%.

Lowe's Companies, Inc. is a home improvement retailer that distributes building materials and supplies through stores in the United States. The Company offers a complete line of products and services for home decorating, maintenance, repair, remodeling, and property maintenance.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Lowe's shares.Log in and add Lowe's (LOW) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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