LOEWS CORP (L) Stock Technical Analysis
USA - NYSE:L - US5404241086 - Common Stock
96.69 USD
-0.35 (-0.36%)
96.69 USD
0 (0%)
Taking everything into account, L scores 10 out of 10 in our technical rating. 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.
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 72% of all 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 77% of 146 stocks in the same industry.
L is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month L has a been trading in a tight range between 95.10 and 98.33.
Volume is considerably higher in the last couple of days.
L has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 96.59, 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
80.69
99.03
4 important support areas can be observed.
- A support zone ranging from 93.24 to 96.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 89.42 to 90.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 86.81 to 87.37. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @81.50 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 96.70 to 98.05. 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 | 72.97 | POSITIVE | L has a high relative strength, it outperformed 72.97% 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) | 54.56 | NEUTRAL | The RSI value for L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests L has a negative trend. |
| Stochastics (14,3) | 53.87 | NEUTRAL | The Stochastics value for L is a neutral value. |
| Average True Range in percent/ATR (20) | 1.18 | LOW VOLATILITY | The low ATR as a percentage value for L suggests low volalility. |
| Average Directional Index/ADX (14) | 17.63 | 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)
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 |
|---|---|---|---|
| 98.06 | 95.09 | 2.97 (3.03%) | 25.00% |
| An entry @98.06. This is a Buy Stop order right above the resistance zone. | An exit @95.09. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.97 points, which is 3.03%. | For a 0.76% 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.
96.69
-0.35 (-0.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.36%
1 Week-0.98%
2 Weeks0.05%
1 Month0.34%
3 Month8.45%
6 Month10.82%
12 Month23.11%
2 Year52.72%
3 Year94%
5 Year178.25%
10 Year167.54%
15 Year155.12%
Volatility
ATR(14)1.24
ATR(20)%1.18%
ATR Inc2.15%
Range Today0.87
ADR(20)1.1
ADR(20)%1.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.97
Mansfield-0.06
10 Day High98.33
10 Day Low95.1
20 Day High98.33
20 Day Low95.1
52 Week High98.33
52 Week Low75.16
CS1 End96.59
CR1 Start96.7
Volume & EV
DER(3)0.09%
DER(5)-0.65%
Volume2.31M
Volume Incr44.77%
Vol(5)1.11M
Vol(50)787.86K