LOEWS CORP (L) Technical Analysis
NYSE:L • US5404241086
Current stock price
L Technical Rating and Analysis
Taking everything into account, L scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, L did better than 78% of all other stocks. On top of that, L also shows a nice and consistent pattern of rising prices.
- L is one of the better performing stocks in the Insurance industry, it outperforms 92% of 148 stocks in the same industry.
- L is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so L is performing more or less in line with the market.
- In the last month L has a been trading in a tight range between 107.31 and 112.32.
L Weekly and Daily overview Charts
L Setup Rating and Analysis
Besides having an excellent technical rating, L also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 104.98, a Stop Loss order could be placed below this zone.
More info and screens
L Support and Resistance Analysis
93.93
We found 3 important support areas.
- A support zone ranging from 104.85 to 104.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 101.41 to 101.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @94.88 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 109.57 to 112.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
L Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for L is neutral. |
| ChartMill Relative Strength | 78.14 | POSITIVE | L has a high relative strength, it outperformed 78.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of L is below a declining 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) | 45.09 | NEUTRAL | The RSI value for L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.43 | NEGATIVE | The MACD value suggests L has a negative trend. |
| Stochastics (14,3) | 21.13 | NEUTRAL | The Stochastics value for L is a neutral value. |
| Average True Range in percent/ATR (20) | 1.9 | LOW VOLATILITY | The low ATR as a percentage value for L suggests low volalility. |
| Average Directional Index/ADX (14) | 24.8 | NEUTRAL | The ADX value for L suggests a possible start of a new trend. |
L Chart- and CandleStick Pattern Analysis
L Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 109.84 | 107.30 | 2.54 (2.32%) | 25.00% |
| An entry @109.84. This is a Buy Stop order right above the 10 day moving average. | An exit @107.30. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.54 points, which is 2.32%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.58%. |
- The distance between exit and entry is rather small compared to the average daily movement of L. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
L Technicals: Chart, Performance Metrics, Trend & Indicators
108.02
-0.41 (-0.38%)
LOEWS CORP / L TA FAQ
What is the technical rating for L stock?
ChartMill assigns a technical rating of 7 / 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 45.0862. 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 -0.430392, indicating a bearish trend.