LOEWS CORP (L) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:L - US5404241086 - Common Stock
Taking everything into account, L scores 8 out of 10 in our technical rating. 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.
Besides having an excellent technical rating, L 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 104.52, a Stop Loss order could be placed below this zone.
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89.39
When analyzing the support we can see 6 important areas.
- A support zone ranging from 103.56 to 104.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 99.99 to 100.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @97.80 from a horizontal line in the daily time frame.
- Support @95.89 from a horizontal line in the daily time frame.
- Support @92.72 from a trend line in the weekly time frame.
- Support @90.29 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 107.87 to 108.26. 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 | NEUTRAL | NEUTRAL | The short term trend for L is neutral. |
| ChartMill Relative Strength | 74.58 | POSITIVE | L has a high relative strength, it outperformed 74.58% 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) | 46.2 | NEUTRAL | The RSI value for L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests L has a negative trend. |
| Stochastics (14,3) | 37.3 | NEUTRAL | The Stochastics value for L is a neutral value. |
| Average True Range in percent/ATR (20) | 1.39 | LOW VOLATILITY | The low ATR as a percentage value for L suggests low volalility. |
| Average Directional Index/ADX (14) | 13.72 | NEGATIVE | The low ADX value for L suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 105.53 | 103.55 | 1.98 (1.87%) | 25.00% |
| An entry @105.53. This is a Buy Stop order right above the 10 day moving average. | An exit @103.55. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.98 points, which is 1.87%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.47%. |
- 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.
104.58
-0.91 (-0.86%)
LOEWS CORP / L FAQ
What is the technical rating for L stock?
ChartMill assigns a technical rating of 8 / 10 to L.
Can you provide the trend direction for LOEWS CORP?
The current trend direction for LOEWS CORP (L) is Bullish.
Can you provide the RSI signal for LOEWS CORP?
LOEWS CORP (L) has an RSI value of 46.1985. This indicates that the stock is currently neutral.
What is the MACD signal for L stock?
The MACD indicator for LOEWS CORP (L) has a value of -0.242976, indicating a bearish trend.