LOEWS CORP.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	L
ISIN:

LOEWS CORP. - Daily - Technical analysis published on 07/29/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

11%

My opinion

Bullish above 73.07 USD

My targets

79.93 USD (+0.75%)

81.86 USD (+3.19%)

My analysis

The bullish trend is currently very strong on LOEWS CORP.. As long as the price remains above the support at 73.07 USD, you could try to benefit from the boom. The first bullish objective is located at 79.93 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 81.86 USD as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.9

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by dukeokafor. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The LOEWS CORP. rating is 79.33 USD. The price registered a decrease of -0.95% on the session with the lowest point at 78.97 USD and the highest point at 83.54 USD. The deviation from the price is +0.46% for the low point and -5.04% for the high point.

78.97

83.54

79.33

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by LOEWS CORP.:

The study of the highest / lowest by the Central Records scanner shows the following results:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of LOEWS CORP. in Daily shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Horizontal support is broken

Type : Bearish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Long black line

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	70.66	73.07	78.15	79.33	79.79
Change (%)	-10.93%	-7.89%	-1.49%	-	+0.58%
Change	-8.67	-6.26	-1.18	-	+0.46
Level	Minor	Major	Major	-	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	77.56	78.16	79.13	79.73	80.70	81.30	82.27
Camarilla	79.66	79.80	79.95	80.09	80.23	80.38	80.52
Woodie	77.74	78.25	79.31	79.82	80.88	81.39	82.45
Fibonacci	78.16	78.76	79.13	79.73	80.33	80.70	81.30

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	75.46	76.48	78.29	79.31	81.12	82.14	83.95
Camarilla	79.31	79.57	79.83	80.09	80.35	80.61	80.87
Woodie	75.85	76.68	78.68	79.51	81.51	82.34	84.34
Fibonacci	76.48	77.56	78.23	79.31	80.39	81.06	82.14

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	68.27	70.87	72.80	75.40	77.33	79.93	81.86
Camarilla	73.49	73.91	74.33	74.74	75.16	75.57	75.99
Woodie	67.95	70.70	72.48	75.23	77.01	79.76	81.54
Fibonacci	70.87	72.60	73.67	75.40	77.13	78.20	79.93

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	62.29
MACD (12,26,9):	0.9900
Directional Movement:	31.00
AROON (14):	100.00
DEMA (21):	78.86
Parabolic SAR (0,02-0,02-0,2):	77.90
Elder Ray (13):	3.03
Super Trend (3,10):	76.30
Zig ZAG (10):	79.63
VORTEX (21):	1.0900
Stochastique (14,3,5):	68.71
TEMA (21):	79.63
Williams %R (14):	-41.26
Chande Momentum Oscillator (20):	3.14
Repulse (5,40,3):	-4.2200
ROCnROLL:	1
TRIX (15,9):	0.1500
Courbe Coppock:	10.39

MA7:	78.64
MA20:	77.08
MA50:	76.09
MA100:	76.14
MAexp7:	78.88
MAexp20:	77.65
MAexp50:	76.60
MAexp100:	75.47
Price / MA7:	+0.88%
Price / MA20:	+2.92%
Price / MA50:	+4.26%
Price / MA100:	+4.19%
Price / MAexp7:	+0.57%
Price / MAexp20:	+2.16%
Price / MAexp50:	+3.56%
Price / MAexp100:	+5.11%

Quotes : - 15 min delayed data - NYSE Stocks

News

The latest news and videos published on LOEWS CORP. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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