Lowe s Companies Inc.(LOW) has rising momentum with an uptrend

(25-Apr-2008) (25-Apr-2008) Lowe s Companies Inc.(LOW) closed at 26.02, up 1 or 4 % for the day. Based on our analysis, Lowe s Companies Inc.(LOW) has rising momentum with an uptrend.

The closing price of Lowe s Companies Inc.(LOW) is above its 50 day moving average of 23.63 (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 Lowe s 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 24-Mar-2008, about 26 trading days ago.