LOEWS CORP (L) Stock Technical Analysis
NYSE:L - US5404241086 - Common Stock
96.8 USD
+0.28 (+0.29%)
96.8 USD
0 (0%)
Overall L gets a technical rating of 10 out of 10. Both in the recent history as in the last year, L has proven to be a steady performer, scoring decent points in every aspect analyzed.
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 84% of 145 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 the 90.53 - 97.41 range, which is quite wide. It is currently trading near the high of this range.
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
80.69
97.78
We found 4 important support areas.
- A support zone ranging from 91.98 to 92.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 88.80 to 90.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 87.05 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 96.81 to 96.81. 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 | 72.74 | POSITIVE | L has a high relative strength, it outperformed 72.74% 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) | 65.92 | NEUTRAL | The RSI value for L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests L has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.01 | 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) | 29.11 | 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)
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 |
|---|---|---|---|
| 96.82 | 94.35 | 2.47 (2.55%) | 25.00% |
| An entry @96.82. This is a Buy Stop order right above the resistance zone. | An exit @94.35. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.47 points, which is 2.55%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.64%. |
- 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.
96.8
+0.28 (+0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.29%
1 Week0.52%
2 Weeks1.89%
1 Month7.21%
3 Month8.41%
6 Month11.69%
12 Month18.14%
2 Year55.9%
3 Year75.01%
5 Year169.94%
10 Year165.57%
15 Year175.47%
Volatility
ATR(14)0.99
ATR(20)%1.18%
ATR Inc-21.05%
Range Today0.86
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
CRS72.74
Mansfield0.26
10 Day High97.41
10 Day Low94.36
20 Day High97.41
20 Day Low90.53
52 Week High97.41
52 Week Low75.16
CS1 End92.94
CR1 Start96.81
Volume & EV
DER(3)0.11%
DER(5)-0.52%
Volume556.20K
Volume Incr9.04%
Vol(5)812.60K
Vol(50)823.58K