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Loews Corp Has Returned 11.1% Since SmarTrend Recommendation (L)

By Amy Schwartz

SmarTrend identified a Downtrend for Loews Corp (NYSE:L) on April 16th, 2020 at $33.79. In approximately 4 weeks, Loews Corp has returned 11.10% as of today's recent price of $30.04.

In the past 52 weeks, Loews Corp share prices have been bracketed by a low of $28.52 and a high of $56.88 and are now at $30.04, 5% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.7% while the 200-day MA has slid 0.8%.

Loews Corporation is a diversified holding company. The Company, through its subsidiaries, is involved in a variety of businesses including commercial property-casualty insurance, offshore drilling, natural gas exploration and production, operation of natural gas pipeline systems, and the operation of hotels and resorts.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Loews Corp.

Log in and add Loews Corp (L) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights Loews Corp

Ticker(s): L