Lowe's Companies Inc (LOW)
Lowe's Companies, Inc. is an American retail company specializing in home improvement. Headquartered in Mooresville, North Carolina, the company operates a chain of retail stores in the United States and Canada.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is decreasing.
- The decline rate of the primary trend is 28.14% per annum.
- LOW price at the close of June 30, 2025 was $221.87 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 4.92% per annum.
- LOW price at the close of June 30, 2025 was inside the secondary price channel.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of LOW price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: September 27, 2024
End date: June 30, 2025
a = 7.0223
b = -0.0009
s = 0.0334
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0009) – 1
= -28.14%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0334) – 1
= 14.31%
September 27, 2024 calculations
Top border of price channel:
Exp(Y1,067)
= Exp(a + b × X1,067 + 2 × s)
= Exp(a + b × 1,549 + 2 × s)
= Exp(7.0223 + -0.0009 × 1,549 + 2 × 0.0334)
= Exp(5.6867)
= $294.92
Bottom border of price channel:
Exp(Y1,067)
= Exp(a + b × X1,067 – 2 × s)
= Exp(a + b × 1,549 – 2 × s)
= Exp(7.0223 + -0.0009 × 1,549 – 2 × 0.0334)
= Exp(5.5530)
= $258.00
June 30, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(7.0223 + -0.0009 × 1,825 + 2 × 0.0334)
= Exp(5.4368)
= $229.71
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(7.0223 + -0.0009 × 1,825 – 2 × 0.0334)
= Exp(5.3031)
= $200.96
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 28.14% per annum.
- LOW price at the close of June 30, 2025 was $221.87 and was inside the primary price channel.
Secondary Trend
Start date: March 12, 2025
End date: June 30, 2025
a = 5.6542
b = -0.0001
s = 0.0251
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0001) – 1
= -4.92%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0251) – 1
= 10.57%
March 12, 2025 calculations
Top border of price channel:
Exp(Y1,179)
= Exp(a + b × X1,179 + 2 × s)
= Exp(a + b × 1,715 + 2 × s)
= Exp(5.6542 + -0.0001 × 1,715 + 2 × 0.0251)
= Exp(5.4673)
= $236.83
Bottom border of price channel:
Exp(Y1,179)
= Exp(a + b × X1,179 – 2 × s)
= Exp(a + b × 1,715 – 2 × s)
= Exp(5.6542 + -0.0001 × 1,715 – 2 × 0.0251)
= Exp(5.3668)
= $214.18
June 30, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(5.6542 + -0.0001 × 1,825 + 2 × 0.0251)
= Exp(5.4521)
= $233.25
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(5.6542 + -0.0001 × 1,825 – 2 × 0.0251)
= Exp(5.3516)
= $210.95
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 4.92% per annum.
- LOW price at the close of June 30, 2025 was inside the secondary price channel.