Is Loews Corp. technically bullish or bearish?
As of May 12, 2025, the market trend is bullish, supported by strong indicators like the MACD and Bollinger Bands, despite some mixed signals from the KST and Dow Theory.
As of 12 May 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and Bollinger Bands also indicate a bullish trend on both time frames. Daily moving averages confirm a bullish outlook as well. However, the KST shows a mildly bearish signal on the monthly, and Dow Theory indicates a mildly bullish stance on the weekly while being mildly bearish on the monthly. Overall, the strength of the bullish trend is reinforced by the recent price action, with today's high surpassing the previous close and a notable return compared to the S&P 500.
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