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. Both in the recent history as in the last year, LOVE has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
LOVE is part of the Personal Care Products industry. There are 5 other stocks in this industry. LOVE outperforms 100% of them.
LOVE is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so LOVE slightly outperforms the market at the moment.
Looking at the yearly performance, LOVE did better than 92% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month LOVE has a been trading in the 1.15 - 1.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
LOVE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for LOVE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.59
1.32
When analyzing the support we can see 2 important areas.
- Support @1.24 from a horizontal line in the daily time frame.
- Support @0.60 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.14
Mansfield6.08
10 Day High1.46
10 Day Low1.17
20 Day High1.46
20 Day Low1.15
52 Week High1.46
52 Week Low0.52
Performance
1 Week-5.07%
2 Weeks1.55%
1 Month9.17%
3 Month74.67%
6 Month101.54%
12 Month36.46%
2 Year59.76%
3 Year9.17%
5 Year74.67%
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)60.4
LBB1.19
UBB1.4
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 |
|---|---|---|---|
| 1.33 | 1.23 | 0.10 (7.31%) | 13.68% |
| An entry @1.33. This is a Buy Stop order right above the 10 day moving average. | An exit @1.23. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.10 points, which is 7.31%. | For a 1.00% total portfolio risk, you can invest 13.68% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of LOVE. Please evaluate whether better entry and exit points can be found.
- 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 (3/7/2025, 7:00:00 PM)
1.31
+0.06 (+4.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryPersonal Care Products
Performance
% Chg4.8%
1 Week-5.07%
2 Weeks1.55%
1 Month9.17%
3 Month74.67%
6 Month101.54%
12 Month36.46%
2 Year59.76%
3 Year9.17%
5 Year74.67%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%5.34%
ATR Inc36.11%
Range Today0.11
ADR(20)0.07
ADR(20)%4.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.14
Mansfield6.08
10 Day High1.46
10 Day Low1.17
20 Day High1.46
20 Day Low1.15
52 Week High1.46
52 Week Low0.52
CS1 End1.24
CR1 StartN/A
Volume & EV
DER(3)49.88%
DER(5)26.18%
Volume14.84K
Volume Incr-12.78%
Vol(5)46.51K
Vol(50)45.13K