LOEWS CORP (L) Stock Technical Analysis
NYSE:L - New York Stock Exchange, Inc. - US5404241086 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to L. In the last year, L was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, L did better than 81% of all other stocks. On top of that, L also shows a nice and consistent pattern of rising prices.
In the last month L has a been trading in the 78.98 - 91.98 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
L is an average performer in the Insurance industry, it outperforms 66% of 143 stocks in the same industry.
L is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
L has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 86.31, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
73.02
93.01
We found 4 important support areas.
- A support zone ranging from 84.20 to 86.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 80.89 to 82.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @77.92 from a horizontal line in the daily time frame.
- Support @73.76 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 90.64 to 92.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.74
Mansfield0.72
10 Day High87.03
10 Day Low82.49
20 Day High91.99
20 Day Low78.98
52 Week High92.42
52 Week Low73.15
Performance
1 Week0.08%
2 Weeks1.3%
1 Month-6.22%
3 Month1.01%
6 Month8.88%
12 Month12.97%
2 Year54.13%
3 Year31.79%
5 Year159.66%
10 Year115.13%
15 Year165.49%
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)
Technical Indicators
MACD(12,26,9)0.15
RSI(14)50.5
LBB83.96
UBB87.48
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 |
|---|---|---|---|
| 87.04 | 84.19 | 2.85 (3.27%) | 25.00% |
| An entry @87.04. This is a Buy Stop order right above the 10 day high. | An exit @84.19. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.85 points, which is 3.27%. | For a 0.82% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
86.31
-0.52 (-0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.6%
1 Week0.08%
2 Weeks1.3%
1 Month-6.22%
3 Month1.01%
6 Month8.88%
12 Month12.97%
2 Year54.13%
3 Year31.79%
5 Year159.66%
10 Year115.13%
15 Year165.49%
Volatility
ATR(14)1.8
ATR(20)%3.2%
ATR Inc-12.23%
Range Today1.84
ADR(20)2.56
ADR(20)%2.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.74
Mansfield0.72
10 Day High87.03
10 Day Low82.49
20 Day High91.99
20 Day Low78.98
52 Week High92.42
52 Week Low73.15
CS1 End86.31
CR1 Start90.64
Volume & EV
DER(3)-1.36%
DER(5)-0.83%
Volume539.60K
Volume Incr-34.86%
Vol(5)556.57K
Vol(50)807.88K