Loews Technical Analysis (NYSE:L)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The Loews stock price data and volume are plotted in L stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Loews. Technical analysis uses an approach for Loews stock analysis that does not care for the fair value of a company but uses price and volume data only.
Loews Moving Average
Moving averages help predict the price direction of L stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $49.09 is below the price of $49.62.
Loews Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Loews. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Loews bollinger bands show that the stock price is $49.62, upper band is 50.43, lower band is 47.75, and the average is 49.09.
Loews Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Loews MACD indicator is below 0 indicating a bearish trend.
Loews Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. If the RSI of L stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.