CANNARA BIOTECH INC (LOVE.CA) Stock Technical Analysis
TSX-V:LOVE - TSX Venture Exchange - CA13765U2002 - Common Stock - Currency: CAD
Taking everything into account, LOVE scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LOVE is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that LOVE is one of the better performing stocks in the market, outperforming 93% of all stocks.
LOVE is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month LOVE has a been trading in the 1.06 - 1.40 range, which is quite wide. It is currently trading near the high of this range.
LOVE has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.59
1.41
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1.28 to 1.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.18 from a horizontal line in the weekly time frame.
- Support @1.11 from a trend line in the daily time frame.
- Support @0.60 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.38 to 1.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.58
Mansfield6.97
10 Day High1.4
10 Day Low1.09
20 Day High1.4
20 Day Low1.06
52 Week High1.46
52 Week Low0.52
Performance
1 Week1.52%
2 Weeks26.42%
1 Month-1.47%
3 Month57.65%
6 Month100%
12 Month59.52%
2 Year65.43%
3 Year16.52%
5 Year16.52%
10 YearN/A
15 YearN/A
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)0.01
RSI(14)54.95
LBB1.08
UBB1.44
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.41 | 1.27 | 0.14 (9.93%) | 10.07% |
| An entry @1.41. This is a Buy Stop order right above the resistance zone. | An exit @1.27. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.14 points, which is 9.93%. | When investing 10.07% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:LOVE (4/23/2025, 7:00:00 PM)
1.34
-0.06 (-4.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryPersonal Care Products
Performance
% Chg-4.29%
1 Week1.52%
2 Weeks26.42%
1 Month-1.47%
3 Month57.65%
6 Month100%
12 Month59.52%
2 Year65.43%
3 Year16.52%
5 Year16.52%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%4.07%
ATR Inc20.99%
Range Today0.06
ADR(20)0.05
ADR(20)%3.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.58
Mansfield6.97
10 Day High1.4
10 Day Low1.09
20 Day High1.4
20 Day Low1.06
52 Week High1.46
52 Week Low0.52
CS1 End1.31
CR1 Start1.38
Volume & EV
DER(3)41.23%
DER(5)56.75%
Volume35.02K
Volume Incr8.26%
Vol(5)35.88K
Vol(50)46.24K