L Crosses Below Key Moving Average Level

In trading on Monday, shares of Loews Corp. ( L) crossed below their 200 day moving average of $43.01, changing hands as low as $42.85 per share. Loews Corp. shares are currently trading off about 1.1% on the day. The chart below shows the one year performance of L shares, versus its 200 day moving average:

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Loews Corp. 200 Day Moving Average Chart

Looking at the chart above, L's low point in its 52 week range is $39.04 per share, with $47.10 as the 52 week high point — that compares with a last trade of $43.11.

According to the ETF Finder at ETF Channel, L makes up 2.81% of the iShares Dow Jones U.S. Insurance Index Fund ETF ( IAK) which is trading lower by about 1.9% on the day Monday.
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