LOEWS CORP. - Daily - Technical analysis published on 11/26/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Slightly bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 50.11 USD
My targets
51.65 USD (+2.18%)
53.46 USD (+5.76%)
My analysis
The bullish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade LOEWS CORP. with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 50.11 USD. The buyers” bullish objective is set at 51.65 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 53.46 USD. If there is any crossing, the next objective would be the resistance located at 54.84 USD. If there is a bearish break in the support located at 50.11 USD some indecision would arise.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
2.9
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The LOEWS CORP. rating is 50.55 USD. The price is lower by -0.49% since the last closing and was traded between 50.51 USD and 50.98 USD over the period. The price is currently at +0.08% from its lowest and -0.84% from its highest.50.51
50.98
50.55
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by LOEWS CORP.:
Technical
A technical analysis in Daily of this LOEWS CORP. chart shows a slightly bullish trend. 46.43% of the signals given by moving averages are bullish. The overall trend remains fragile, as do the slightly bullish signals given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
The technical indicators are bullish. There is still some doubt about the price increase.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Resistance of triangle is broken
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 47.24 | 49.20 | 50.11 | 50.55 | 51.65 | 53.46 | 54.84 |
| Change (%) | -6.55% | -2.67% | -0.87% | - | +2.18% | +5.76% | +8.49% |
| Change | -3.31 | -1.35 | -0.44 | - | +1.10 | +2.91 | +4.29 |
| Level | Minor | Major | Intermediate | - | Major | Major | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 50.29 | 50.47 | 50.64 | 50.82 | 50.99 | 51.17 | 51.34 |
| Camarilla | 50.70 | 50.74 | 50.77 | 50.80 | 50.83 | 50.86 | 50.90 |
| Woodie | 50.28 | 50.47 | 50.63 | 50.82 | 50.98 | 51.17 | 51.33 |
| Fibonacci | 50.47 | 50.61 | 50.69 | 50.82 | 50.96 | 51.04 | 51.17 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 48.93 | 49.36 | 49.97 | 50.40 | 51.01 | 51.44 | 52.05 |
| Camarilla | 50.30 | 50.39 | 50.49 | 50.58 | 50.68 | 50.77 | 50.87 |
| Woodie | 49.02 | 49.41 | 50.06 | 50.45 | 51.10 | 51.48 | 52.14 |
| Fibonacci | 49.36 | 49.76 | 50.00 | 50.40 | 50.80 | 51.04 | 51.44 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 44.32 | 46.31 | 47.62 | 49.62 | 50.93 | 52.92 | 54.23 |
| Camarilla | 48.02 | 48.33 | 48.63 | 48.93 | 49.24 | 49.54 | 49.84 |
| Woodie | 43.97 | 46.14 | 47.28 | 49.44 | 50.59 | 52.75 | 53.89 |
| Fibonacci | 46.31 | 47.57 | 48.35 | 49.62 | 50.88 | 51.66 | 52.92 |
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): | 53.03 | |
| MACD (12,26,9): | 0.0800 | |
| Directional Movement: | -0.91 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 50.45 | |
| Parabolic SAR (0,02-0,02-0,2): | 49.62 | |
| Elder Ray (13): | 0.34 | |
| Super Trend (3,10): | 51.03 | |
| Zig ZAG (10): | 50.55 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 52.86 | |
| TEMA (21): | 50.51 | |
| Williams %R (14): | -53.39 | |
| Chande Momentum Oscillator (20): | -0.38 | |
| Repulse (5,40,3): | -0.2300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 1.18 |
| MA7: | 50.41 | |
| MA20: | 50.25 | |
| MA50: | 50.37 | |
| MA100: | 50.76 | |
| MAexp7: | 50.48 | |
| MAexp20: | 50.36 | |
| MAexp50: | 50.36 | |
| MAexp100: | 50.48 | |
| Price / MA7: | +0.28% | |
| Price / MA20: | +0.60% | |
| Price / MA50: | +0.36% | |
| Price / MA100: | -0.41% | |
| Price / MAexp7: | +0.14% | |
| Price / MAexp20: | +0.38% | |
| Price / MAexp50: | +0.38% | |
| Price / MAexp100: | +0.14% |
News
The latest news and videos published on LOEWS CORP. at the time of the analysis were as follows:
- Loews Corporation Announces Quarterly Dividend On Common Stock
- Loews Corporation Reports Net Income Of $72 Million For The Third Quarter Of 2019
- Loews Corporation to Release Third Quarter 2019 Results on October 28, 2019
- Live! By Loews - Arlington, TX Officially Opens Its Doors
- Loews Corporation Announces Quarterly Dividend On Common Stock
This member declared not having a position on this financial instrument or a related financial instrument.
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