LOBLAW COMPANIES LTD (L.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:L - CA5394811015 - Common Stock
We assign a technical rating of 7 out of 10 to L. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, L is only an average performer.
- The long and short term trends are both positive. This is looking good!
- L is part of the Consumer Staples Distribution & Retail industry. There are 18 other stocks in this industry. L outperforms 88% of them.
- L is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- L is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- L has an average volume of 1451100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, L outperforms 68% of them, which is more or less in line with the market.
- In the last month L has a been trading in a tight range between 60.77 and 63.21.
L has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 63.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 61.81, a Stop Loss order could be placed below this zone.
More info and screens
51.10
We found 6 important support areas.
- A support zone ranging from 60.78 to 61.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @58.36 from a trend line in the weekly time frame.
- Support @56.19 from a trend line in the daily time frame.
- Strong support @55.10 from a horizontal line in the daily time frame.
- A support zone ranging from 53.45 to 53.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @51.62 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 63.03 to 63.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for L.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for L.CA is up. |
| ChartMill Relative Strength | 68.26 | NEUTRAL | L.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of L.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of L.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of L.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.19 | NEUTRAL | The RSI value for L.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests L.CA has a positive trend. |
| Stochastics (14,3) | 77.32 | NEUTRAL | The Stochastics value for L.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.44 | LOW VOLATILITY | The low ATR as a percentage value for L.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 14.36 | NEGATIVE | The low ADX value for L.CA suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 63.05 | 60.76 | 2.29 (3.63%) | 25.00% |
| An entry @63.05. This is a Buy Stop order right above the resistance zone. | An exit @60.76. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.29 points, which is 3.63%. | For a 0.91% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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:L (1/14/2026, 7:00:00 PM)
62.88
+0.54 (+0.87%)
LOBLAW COMPANIES LTD / L.CA FAQ
What is the technical rating for L stock?
ChartMill assigns a technical rating of 7 / 10 to L.CA.
Can you provide the trend direction for LOBLAW COMPANIES LTD?
The current trend direction for LOBLAW COMPANIES LTD (L.CA) is Bullish.
Can you provide the RSI signal for LOBLAW COMPANIES LTD?
LOBLAW COMPANIES LTD (L.CA) has an RSI value of 61.1853. This indicates that the stock is currently neutral.
What is the MACD signal for L stock?
The MACD indicator for LOBLAW COMPANIES LTD (L.CA) has a value of 0.045478, indicating a bearish trend.
What is the buy/sell signal for LOBLAW COMPANIES LTD (L.CA) stock?
The buy/sell signal for LOBLAW COMPANIES LTD (L.CA) is buy as both the short term and long term trends are positive.