Loews(L)

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

Auto-detected technical analysis for L · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$114.70last close · Jul 22, 202652-week range $89.32 – $119.10 · 3.69% below the high

L Falling Wedge Pattern

L is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.

A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $115.76 (+8.6%). Across 10,683 backtested falling wedges, the setup followed through 56.4% of the time, averaging +0.52R; L's own falling wedges have hit 56.5%.

DirectionBullishTarget$115.76Projected move+8.6%Breakout level$106.79

New to this pattern? What a falling wedge is and how to trade it →

L's Most Recent Falling Wedge Trade

L's most recent completed falling wedge resolved as a win: it broke higher on Jun 9, 2026 near $107.48, then reached its target at $114.47 on Jul 14, 2026 — a 6.5% move (+1.31R) over 23 sessions. Across 117 backtested falling wedges, this setup wins 53.8% of the time.

OutcomeWinResult+6.5%R+1.31REntry$107.48Exit$114.47

Learn about falling wedge

How Falling Wedges Have Performed

Win rate
56.4%
Avg return
+0.52R
Backtested trades
10,683
L win rate
56.5%

Historical pattern statistics (1987-01-30 – 2026-07-17), not a prediction.

How these backtests work →

L Pattern Trade History

Every completed pattern trade our nightly backtest found on L's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Falling WedgeJun 9, 2026 @ $107.48Jul 14, 2026 @ $114.47Win+8.6% · +1.31R
TriangleJan 12, 2026 @ $104.51Feb 4, 2026 @ $109.43Loss+8.2% · -1.27R
Falling WedgeJun 23, 2025 @ $89.68Jul 9, 2025 @ $90.97Win+2.9% · +0.44R
TriangleMay 30, 2025 @ $88.84Sep 2, 2025 @ $96.22Win+9.8% · +3.66R
TriangleMay 21, 2025 @ $88.19Jun 23, 2025 @ $90.67Loss+14.1% · -1.58R
Rising WedgeMay 13, 2025 @ $88.58Jun 23, 2025 @ $90.67Loss+6.6% · -1.70R
TriangleMar 17, 2025 @ $86.81Apr 4, 2025 @ $83.12Loss+6.7% · -1.02R
Falling WedgeNov 6, 2024 @ $82.55Dec 4, 2024 @ $85.85Win+6.8% · +0.45R
TriangleSep 25, 2024 @ $78.18Oct 14, 2024 @ $80.34Loss+10.9% · -1.27R
TriangleJul 12, 2024 @ $77.21Aug 2, 2024 @ $78.69Win+6.7% · +0.36R
Rising WedgeNov 16, 2023 @ $66.93Dec 6, 2023 @ $69.48Win+6.1% · +0.54R
TriangleJul 7, 2023 @ $60.10Aug 10, 2023 @ $62.94Win+6.5% · +1.08R

Recent Falling Wedges on Other Charts

ALNYhit target +18.8%Jul 22, 2026BAstopped −7.9%Jul 21, 2026BDXhit target +2.8%Jul 21, 2026HIIhit target +13.1%Jul 21, 2026

Learn about falling wedge

L Support and Resistance Levels

Price is being turned away at a ceiling near $116.94 and starting to slide. On the weekly chart, the next floor below sits near $100.03 — about 13% away.

  • Traders commonly watch $100.03 as a target (its 50% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on yet — the spot to watch is right at the $116.94 ceiling, where price is testing it now, not out here in the slide. Chasing once price pulls away tends to be worse odds.

L Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$113.31$115.01$113.31$114.70
Jul 21, 2026$114.43$114.83$113.66$114.59
Jul 20, 2026$114.42$115.27$114.37$114.59
Jul 17, 2026$115.62$116.97$114.17$114.45
Jul 16, 2026$112.79$114.37$112.79$113.89
Jul 15, 2026$113.14$113.69$111.48$112.52
Jul 14, 2026$116.01$117.16$114.30$114.47
Jul 13, 2026$115.94$116.76$114.48$116.50
Jul 10, 2026$115.19$116.08$114.44$114.99
Jul 9, 2026$115.54$115.67$114.16$115.15

L Frequently Asked Questions

What chart pattern is L forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a falling wedge on Loews (L) on the daily chart, with a measured-move target of $115.76.
Is a falling wedge bullish or bearish?
The falling wedge detected on L is a bullish pattern, projecting a measured-move target of $115.76. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a falling wedge pattern, and what is its win rate?
Across TradingPal's backtest of the falling wedge family (10,683 trades over 628 symbols), it resolved in the expected direction 56.4% of the time with an average of +0.52R. These are historical statistics, not a prediction.
What is the price target if L's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $115.76 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was L's closing price on Jul 22, 2026?
Loews (L) last closed at $114.70 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.