Lowes Companies, Inc.(LOW) has rising momentum with an uptrend

(29-Jan-2008) (29-Jan-2008) Lowes Companies, Inc.(LOW) closed at 25.79, up 0.39 or 1.54 % for the day. Based on our analysis, Lowes Companies, Inc.(LOW) has rising momentum with an uptrend.

The closing price of Lowes Companies, Inc.(LOW) is above its 50 day moving average of 23 (Designated by blue line). This indicates that the trend is up. The MACD histogram(Gray bars on the bottom) above the signal line(Dark Red Line) tells us that Lowes Companies, Inc.(LOW) is gaining momentum. An uptrend with with rising momentum is a good omen for the stock. The MACD histogram crossed above the signal line on 16-Jan-2008, about 10 trading days ago.