Loews Corporation (NYSE:L) Went Up 0.1%, And Here’s Why

      Comments Off on Loews Corporation (NYSE:L) Went Up 0.1%, And Here’s Why

After completing its last trading session, Loews Corporation (NYSE:L) spiked up by 0.1% – here is what that looked like (as of 2019-12-26):

What’s the reason for these moves? To understand this better, it is helpful to analyze some technical indicators. The most interesting and telling are these ones:

A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of -0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.469, an Accumulation/Distribution Index (ADI) of 0.469, an On-Balance Volume (OBV) of 219.712, and a Chaiikin Money Flow (CMF) of -51.4. 1.48

Now let’s take all these indicators into account. Consulting Trading View, putting it all together gets the following:

So there you have it – our analysis of Loews Corporation (NYSE:L). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.