Loews Corporation (NYSE:L) Fell By -0.4%, But Why?

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For its latest trading sesion, Loews Corporation (NYSE:L) dropped by -0.4% – here is what that looked like (as of 2020-01-06):

What’s the reason for these moves? To have a greater insight of what is happening, We ought to analyze some technical indicators. The most important ones are as follows:

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 0.004, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.422, an Accumulation/Distribution Index (ADI) of 0.422, an On-Balance Volume (OBV) of 253.903, and a Chaiikin Money Flow (CMF) of 52.96. 1.944

Now let’s take all these indicators into account. Consulting Trading View, this is what it all means:

So there you have it – our analysis of Loews Corporation (NYSE:L). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.