LOEWS CORP (L) Technical Analysis
NYSE:L • US5404241086
Current stock price
L Technical Rating and Analysis
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.
- 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 71% of all stocks. On top of that, L also shows a nice and consistent pattern of rising prices.
- L is part of the Insurance industry. There are 147 other stocks in this industry. L outperforms 85% 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.
- In the last month L has a been trading in the 104.53 - 112.79 range, which is quite wide. It is currently trading near the high of this range.
L Weekly and Daily overview Charts
L Setup Rating and Analysis
L has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 111.35. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 110.91, a Stop Loss order could be placed below this zone.
More info and screens
L Support and Resistance Analysis
95.59
We found 4 important support areas.
- A support zone ranging from 108.52 to 110.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 104.06 to 106.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 101.41 to 101.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @96.56 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 111.35 to 112.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
L Technical Indicator Signal Analysis
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 | 71.47 | POSITIVE | L has a high relative strength, it outperformed 71.47% 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) | 56.9 | NEUTRAL | The RSI value for L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests L has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.44 | NEUTRAL | The Stochastics value for L is a neutral value. |
| Average True Range in percent/ATR (20) | 1.76 | LOW VOLATILITY | The low ATR as a percentage value for L suggests low volalility. |
| Average Directional Index/ADX (14) | 20.06 | NEUTRAL | The ADX value for L suggests a possible start of a new trend. |
L Chart- and CandleStick Pattern Analysis
L Example Setup
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 |
|---|---|---|---|
| 112.43 | 108.94 | 3.49 (3.10%) | 25.00% |
| An entry @112.43. This is a Buy Stop order right above the resistance zone. | An exit @108.94. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.49 points, which is 3.10%. | For a 0.78% 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.
L Technicals: Chart, Performance Metrics, Trend & Indicators
111.17
+0.59 (+0.53%)
LOEWS CORP / L TA FAQ
What is the technical rating for L stock?
ChartMill assigns a technical rating of 9 / 10 to L.
What is the current trend direction of LOEWS CORP (L) stock?
The current trend direction for LOEWS CORP (L) is Bullish.
What is the RSI signal for LOEWS CORP (L) stock?
LOEWS CORP (L) has an RSI value of 56.9006. This indicates that the stock is currently neutral.
What is the short term momentum for L stock?
The short term momentum for LOEWS CORP (L) is positive.
Can you provide the support and resistance levels for LOEWS CORP?
LOEWS CORP (L) has a support level at 110.91 and a resistance level at 111.35. Check the full technical report for our detailed analysis of L support and resistance levels.