LOEWS CORP (L) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:L - US5404241086 - Common Stock
102.82 USD
-1.67 (-1.6%)
102.82 USD
0 (0%)
We assign a technical rating of 9 out of 10 to L. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, L is showing a nice and steady performance.
In the last month L has a been trading in the 101.71 - 109.06 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that L is one of the better performing stocks in the market, outperforming 78% 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 147 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.
Although L has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
88.53
109.34
We found 5 important support areas.
- A support zone ranging from 101.14 to 102.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 97.80 to 97.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @95.89 from a horizontal line in the daily time frame.
- Support @93.52 from a trend line in the daily time frame.
- A support zone ranging from 89.42 to 91.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 105.26 to 108.26. 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 | NEUTRAL | NEUTRAL | The short term trend for L is neutral. |
| ChartMill Relative Strength | 78.12 | POSITIVE | L has a high relative strength, it outperformed 78.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of L is below 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) | 42.73 | NEUTRAL | The RSI value for L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.46 | NEGATIVE | The MACD value suggests L has a negative trend. |
| Stochastics (14,3) | 18.76 | OVERSOLD | The low Stochastics value suggests L may be oversold. |
| Average True Range in percent/ATR (20) | 1.5 | LOW VOLATILITY | The low ATR as a percentage value for L suggests low volalility. |
| Average Directional Index/ADX (14) | 34.2 | POSITIVE | The high ADX value value for L suggests a strong 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)
102.82
-1.67 (-1.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-1.6%
1 Week-4.68%
2 Weeks-2.02%
1 Month1.17%
3 Month6.39%
6 Month15.35%
12 Month19.45%
2 Year47.75%
3 Year76.27%
5 Year128.39%
10 Year167.76%
15 Year164.25%
Volatility
ATR(14)1.6
ATR(20)%1.5%
ATR Inc27.64%
Range Today1.97
ADR(20)1.51
ADR(20)%1.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.12
3 months CRS74.84
6 months CRS74.02
Mansfield0.05
10 Day High109.06
10 Day Low102.62
20 Day High109.06
20 Day Low101.71
52 Week High109.06
52 Week Low78.98
CS1 End102.37
CR1 Start105.26
Volume & EV
DER(3)-1.14%
DER(5)-2.57%
Volume870.50K
Volume Incr4.79%
Vol(5)834.78K
Vol(50)760.74K
LOEWS CORP / L FAQ
What is the technical rating for L stock?
ChartMill assigns a technical rating of 9 / 10 to L.
What is the trend direction for L stock?
The current trend direction for LOEWS CORP (L) is Bullish.
What is the RSI signal for L stock?
LOEWS CORP (L) has an RSI value of 42.7258. This indicates that the stock is currently neutral.
Can you provide the short term momentum for LOEWS CORP?
The short term momentum for LOEWS CORP (L) is neutral.