Loews Corp (L): Price Now Near $56.84; Daily Chart Shows An Uptrend on 50 Day Basis

The Hourly View for L

At the time of this writing, L (Get Ratings)’s price is up $0.17 (0.3%) from the hour prior. This move is a reversal from the hour prior, which saw price move down. As for the trend on the hourly timeframe, we see the clearest trend on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

Out of Insurance stocks, L ranks 63rd in regards to today’s price percentage change.

L’s Technical Outlook on the Daily Chart

Currently, L’s price is down $-0.2 (-0.35%) from the day prior. This is a reversal of the price action on the previous day, in which price moved up. As for the trend on the daily timeframe, we see the clearest trend on the 50 day timeframe. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. Loews Corp’s price action over the past 90 days can be seen via the chart below.

L

For L News Traders

Investors and traders in L may be particularly interested in the following story that came out in the past day:

Loews Corp (L) Q1 2021 Earnings Call Transcript

Image source: The Motley Fool. Loews Corp (NYSE: L)Q1 2021 Earnings CallMay 3, 2021, 10:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood day, and thank you for standing by.

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