LOEWS CORP (L) Stock Technical Analysis
NYSE:L - New York Stock Exchange, Inc. - US5404241086 - Common Stock - Currency: USD
Taking everything into account, L scores 8 out of 10 in our technical rating. Although L is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
L is one of the better performing stocks in the Insurance industry, it outperforms 74% of 144 stocks in the same industry.
A new 52 week high is currently being made by L, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month L has a been trading in the 86.77 - 92.60 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, L outperforms 68% of them, which is more or less in line with the market.
Although L has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
80.08
93.32
3 important support areas can be observed.
- A support zone ranging from 86.64 to 92.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @83.02 from a trend line in the daily time frame.
- A support zone ranging from 80.89 to 81.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 92.40 to 92.40. This zone is formed by a combination of multiple trend lines 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 | 68.77 | NEUTRAL | L is not amongst the best or worst performers 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) | 63.62 | NEUTRAL | The RSI value for L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests L has a positive trend. |
| Stochastics (14,3) | 89.13 | OVERBOUGHT | The high Stochastics value suggests L may be overbought. |
| Average True Range in percent/ATR (20) | 1.46 | LOW VOLATILITY | The low ATR as a percentage value for L suggests low volalility. |
| Average Directional Index/ADX (14) | 12.15 | NEGATIVE | The low ADX value for L suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
92.39
+1.05 (+1.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg1.15%
1 Week2.61%
2 Weeks4.6%
1 Month4.74%
3 Month11.15%
6 Month9.53%
12 Month25.26%
2 Year47.47%
3 Year58.61%
5 Year153.75%
10 Year142.43%
15 Year148.69%
Volatility
ATR(14)1.34
ATR(20)%1.46%
ATR Inc72.17%
Range Today1.23
ADR(20)1.31
ADR(20)%1.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.77
Mansfield0.14
10 Day High92.6
10 Day Low88.36
20 Day High92.6
20 Day Low86.77
52 Week High92.6
52 Week Low73.85
CS1 End92.09
CR1 Start92.4
Volume & EV
DER(3)0.54%
DER(5)-0.65%
Volume500.70K
Volume Incr3.02%
Vol(5)923.06K
Vol(50)761.69K