Loews Bullish Moving Average Crossover Alert (L)
Today, shares of Loews (NYSE:L) have advanced above their 10-day MA of $41.31 on a volume of 519K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.
In the past 52 weeks, shares of Loews have traded between a low of $33.84 and a high of $43.68 and are now at $43.11, which is 27% above that low price. The 200-day and 50-day moving averages have moved 0.07% higher and 0.65% higher over the past week, respectively.
SmarTrend is tracking the current trend status for Loews and will alert subscribers who have L in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses loews