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LOBLAW COMPANIES LTD (L.CA) Stock Technical Analysis

TSX:L - Toronto Stock Exchange - CA5394811015 - Common Stock - Currency: CAD

175.89  +1.14 (+0.65%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to L. L has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

In the last month L has a been trading in the 173.27 - 187.94 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, L outperforms 64% of them, which is more or less in line with the market.
L is an average performer in the Consumer Staples Distribution & Retail industry, it outperforms 66% of 19 stocks in the same industry.
L is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so L is lagging the market.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
LOBLAW COMPANIES LTD / L Weekly stock chart
LOBLAW COMPANIES LTD / L Daily stock chart
Setup Rating and Analysis

6

Although the technical rating is bad, L does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 178.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 175.88, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

168.99

196.87

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 174.74 to 175.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @170.70 from a horizontal line in the daily time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 178.06 to 184.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 193.98 to 194.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.61
Mansfield-0.34
10 Day High180.68
10 Day Low173.27
20 Day High187.94
20 Day Low173.27
52 Week High196.49
52 Week Low141.59
Performance
1 Week-2.26%
2 Weeks-1.95%
1 Month-6.02%
3 Month-1.35%
6 Month1.72%
12 Month21.64%
2 Year50.84%
3 Year77.9%
5 Year164.5%
10 Year244.67%
15 Year495.83%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.24
RSI(14)36.28
LBB175.47
UBB181.8
LOBLAW COMPANIES LTD / L Daily stock chart

LOBLAW COMPANIES LTD

TSX:L (2/21/2025, 7:00:00 PM)

175.89

+1.14 (+0.65%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg0.65%
1 Week-2.26%
2 Weeks-1.95%
1 Month-6.02%
3 Month-1.35%
6 Month1.72%
12 Month21.64%
2 Year50.84%
3 Year77.9%
5 Year164.5%
10 Year244.67%
15 Year495.83%
Volatility
ATR(14)3.16
ATR(20)%1.73%
ATR Inc31.46%
Range Today3.34
ADR(20)2.98
ADR(20)%1.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.61
Mansfield-0.34
10 Day High180.68
10 Day Low173.27
20 Day High187.94
20 Day Low173.27
52 Week High196.49
52 Week Low141.59
CS1 End175.88
CR1 Start178.06
Volume & EV
DER(3)-6.64%
DER(5)-5.24%
Volume513.09K
Volume Incr36.81%
Vol(5)479.20K
Vol(50)354.93K