LOEWS CORP (L) Stock Technical Analysis
NYSE:L • US5404241086
We assign a technical rating of 10 out of 10 to L. Both in the recent history as in the last year, L has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that L is one of the better performing stocks in the market, outperforming 74% of all stocks. We also observe that the gains produced by L over the past year are nicely spread over this period.
- L is part of the Insurance industry. There are 149 other stocks in this industry. L outperforms 87% of them.
- L is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so L is lagging the market slightly.
- L is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Besides having an excellent technical rating, L also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
93.22
When analyzing the support we can see 3 important areas.
- A support zone ranging from 105.87 to 107.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 101.41 to 103.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @94.16 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 109.84 to 111.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for L is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for L is up. |
| ChartMill Relative Strength | 74.19 | POSITIVE | L has a high relative strength, it outperformed 74.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of L is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of L is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of L is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.71 | NEUTRAL | The RSI value for L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests L has a negative trend. |
| Stochastics (14,3) | 45.93 | NEUTRAL | The Stochastics value for L is a neutral value. |
| Average True Range in percent/ATR (20) | 1.83 | LOW VOLATILITY | The low ATR as a percentage value for L suggests low volalility. |
| Average Directional Index/ADX (14) | 31.42 | POSITIVE | The high ADX value value for L suggests a strong trend. |
109.77
+1.42 (+1.31%)
LOEWS CORP / L FAQ
What is the technical rating for L stock?
ChartMill assigns a technical rating of 10 / 10 to L.
Can you provide the trend direction for LOEWS CORP?
The current trend direction for LOEWS CORP (L) is Bullish.
Can you provide the RSI signal for LOEWS CORP?
LOEWS CORP (L) has an RSI value of 59.7081. This indicates that the stock is currently neutral.
What is the MACD signal for L stock?
The MACD indicator for LOEWS CORP (L) has a value of -0.00313884, indicating a bearish trend.
What is the buy/sell signal for LOEWS CORP (L) stock?
The buy/sell signal for LOEWS CORP (L) is buy as both the short term and long term trends are positive.