Loews (L) Chart Patterns, Support & Resistance & Technical Analysis

L Falling Wedge Pattern

No chart pattern is currently detected on L. The most recent was a Falling Wedge, detected Jun 8, 2026.

A Falling Wedge is a brief, tidy pause that typically continues the move higher. It projects a measured-move target near $116.53 (+9.2%). Across 13,048 backtested falling wedges, the setup followed through 53.9% of the time, averaging +0.38R; L's own falling wedges have hit 63.6%.

L's open Falling Wedge setup

L is in an open Falling Wedge setup — it broke higher near $106.95, projecting a target near $116.53, with invalidation at $102.17.

How Falling Wedges have performed

Historical pattern statistics (1986-12-19 – 2026-06-10), not a prediction.

L support and resistance levels

The weekly read is leaning higher. Price eased down into a floor near $102.54 about 3 weeks ago, and the rules still favor a move higher from here.

• What started it: Price only had to touch that floor at some point during the week — it didn't need to close there.
• What would call it off: Two weekly closes back below $101.77 — a touch below the $102.54 floor, the room the read is given before it's wrong.
• Where it has room to go: There's room toward its measured target — the first price above where the move is likely to pause.
• It's already come a long way in that direction.

Nearest auto-detected support sits near $103.12, resistance near $113.87. These are chart/swing-derived levels, not formula pivots.

L recent daily prices

L frequently asked questions