Technical Analysis for L - Loews Corporation
|Grade||Last Price||% Change||$ Change|
L closed down 0.52 percent on Wednesday, March 22, 2017, on 1.17 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.
Trend Table & Recent Alerts
|Weak or Absent||Up||Down||Down|
|See historical L trend table...|
|Date||Alert Name||Type||% Chg|
|Mar 22||NR7||Range Contraction||0.00%|
|Mar 22||Stochastic Reached Oversold||Other||0.00%|
|Mar 22||Lower Bollinger Band Walk||Other||0.00%|
|Mar 21||Fell Below 50 DMA||Bearish||-0.52%|
|Mar 21||Bollinger Band Squeeze||Range Contraction||-0.52%|
|Mar 21||Expansion Pivot Sell Setup||Bearish Swing Setup||-0.52%|
|Mar 20||50 DMA Support||Bullish||-1.39%|
|Mar 20||Bollinger Band Squeeze||Range Contraction||-1.39%|
|Mar 17||Bollinger Band Squeeze||Range Contraction||-2.08%|
|Mar 17||Cup with Handle||Other||-2.08%|
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Loews Corporation operates primarily as a commercial property and casualty insurance company. The company operates in four segments: CNA Specialty, CNA Commercial, Life & Group Non-Core, and Other. It provides risk management, information, warranty, and claims administration services; management, professional liability, and other coverages through property and casualty products and services; and commercial surety and fidelity bonds, and warranty and alternative risk services for vehicles. The company also offers standard and excess property, workers compensation, marine, and boiler and machinery coverages; general and product liability products; commercial auto and umbrella coverages; loss-sensitive insurance programs; and long term care, group reinsurance, and life settlement contracts, as well as underwrites primarily short-tail exposures. In addition, it owns and operates 44 offshore drilling rigs for companies engaged in exploration and production of hydrocarbons. Further, the company is involved in exploring, producing, and marketing natural gas, condensate, natural gas liquids, and oil in the Permian Basin in Texas. As of December 31, 2012, Loews Corporations net proved reserves included 825.1 billion cubic feet of natural gas equivalent. Additionally, it engages in the interstate transportation and storage of natural gas and natural gas liquids, and gathering and processing of natural gas. The company owns and operates interstate natural gas pipelines covering approximately 14,170 miles of interconnected pipelines transporting approximately 2.5 trillion cubic feet of gas to customers; and underground storage fields with aggregate working gas capacity of approximately 201.0 billion cubic feet of natural gas. It also owns and operates a chain of 19 hotels, including 17 in the United States and 2 in Canada. The company was founded in 1954 and is headquartered in New York, New York.
Is L a Buy, Sell or Hold?
|Indicator||Bull Case||Neutral / Hold||Bear Case|
|Oversold / Overbought|
|Summary:||Counts: 1 bullish, 1 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.|
See more L news...
|52 Week High||48.05|
|52 Week Low||37.15|
|200-Day Moving Average||43.3664|
|50-Day Moving Average||46.7952|
|20-Day Moving Average||47.2035|
|10-Day Moving Average||47.039|
|Average True Range||0.4976|
|Chandelier Exit (Long, 3 ATRs)||46.3872|
|Chandelier Exit (Short, 3 ATRs)||47.5028|
|Upper Bollinger Band||47.9271|
|Lower Bollinger Band||46.4799|
|Percent B (%b)||-0.17|