Lowe's Cos (LOW) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for LOW · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$218.08last close · Aug 4, 202652-week range $199.40$293.06 · 25.59% below the high
Falling Wedge · playing out now

LOW just broke higher out of a falling wedge — a brief, tidy pause inside a strong run. That's usually a breather before another push up.

On this chart, setups like it have followed through about 62% of the time.

As long as price stays above $199.4, the setup is intact — a daily close back below there is the cue to step away.

A natural first target sits near $231.4 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.

LOW Falling Wedge Pattern

LOW is currently forming a falling wedge on the daily timeframe. Detected Aug 4, 2026.

DirectionBullishTarget$231.44Projected move+8.8%Breakout level$213.06

New to this pattern? What a falling wedge is and how to trade it →

How Falling Wedges Have Performed

Win rate
56.2%
Avg return
+0.55R
Backtested trades
8,465
LOW win rate
61.9%

Historical pattern statistics (2006-08-04 – 2026-08-03), not a prediction.

How these backtests work →

LOW Pattern Trade History

Every completed pattern trade our nightly backtest found on LOW's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Rising WedgeFeb 23, 2026 @ $277.58Mar 3, 2026 @ $254.83Win+1.47R
Rising WedgeSep 15, 2025 @ $270.56Oct 6, 2025 @ $244.31Win+9.85R
TriangleJul 28, 2025 @ $227.39Sep 17, 2025 @ $267.95Win+2.73R
TriangleJun 10, 2025 @ $222.49Aug 4, 2025 @ $233.81Loss-1.49R
Falling WedgeMay 1, 2025 @ $223.78Sep 17, 2025 @ $267.95Win+3.31R
TriangleDec 13, 2024 @ $262.33Dec 19, 2024 @ $246.62Win+0.86R
Falling WedgeNov 25, 2024 @ $271.92Dec 17, 2024 @ $257.75Loss-1.05R
Rising WedgeSep 16, 2024 @ $257.85Oct 21, 2024 @ $276.84Win+1.06R
Bullish PennantFeb 1, 2024 @ $220.53Apr 1, 2024 @ $249.28Win+2.62R
Rising WedgeJul 31, 2023 @ $234.52Aug 4, 2023 @ $225.93Win+3.21R
Rising WedgeJul 11, 2023 @ $231.27Sep 21, 2023 @ $210.61Loss-1.05R
TriangleJun 7, 2023 @ $209.17Jul 7, 2023 @ $221.94Win+1.09R

LOW Support and Resistance Levels

Price is bouncing off a floor near $205.82 and starting to climb. On the weekly chart, the next ceiling overhead sits near $273.02 — about 25% away.

  • Traders commonly watch $273.02 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $205.82 floor just now, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $206.54, resistance near $221.31. These are chart/swing-derived levels, not formula pivots.

Resistance
$221.31$228.81$229.30$277.84$440.16$557.10
Support
$206.54$202.97$176.53

LOW Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$211.75$218.79$211.03$218.08
Aug 3, 2026$212.00$214.90$207.66$212.06
Jul 31, 2026$207.75$210.09$206.02$207.81
Jul 30, 2026$214.35$214.88$208.53$210.08
Jul 29, 2026$215.95$220.29$213.74$215.68
Jul 28, 2026$216.16$220.15$215.72$218.24
Jul 27, 2026$211.30$213.14$209.31$211.55
Jul 24, 2026$202.60$207.83$201.96$207.64
Jul 23, 2026$201.75$203.00$199.40$201.92
Jul 22, 2026$203.50$205.07$202.21$204.35

LOW Frequently Asked Questions

What chart pattern is LOW forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a falling wedge on Lowe's Cos (LOW) on the daily chart, with a measured-move target of $231.44.
Is a falling wedge bullish or bearish?
The falling wedge detected on LOW is a bullish pattern, projecting a measured-move target of $231.44. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a falling wedge pattern, and what is its win rate?
Across TradingPal's backtest of the falling wedge family (8,465 trades over 631 symbols), it resolved in the expected direction 56.2% of the time with an average of +0.55R. These are historical statistics, not a prediction.
What are the support and resistance levels for LOW?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), LOW's nearest support is around $206.54 and nearest resistance around $221.31.
What is the price target if LOW's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $231.44 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was LOW's closing price on Aug 4, 2026?
Lowe's Cos (LOW) last closed at $218.08 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.