LOBLAW COMPANIES LTD (L.CA) Stock Technical Analysis
TSX:L - Toronto Stock Exchange - CA5394811015 - Common Stock - Currency: CAD
Overall L gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that L is one of the better performing stocks in the market, outperforming 72% of all stocks. On top of that, L also shows a nice and consistent pattern of rising prices.
L is part of the Consumer Staples Distribution & Retail industry. There are 16 other stocks in this industry. L outperforms 80% of them.
L is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so L is lagging the market slightly.
In the last month L has a been trading in a tight range between 218.03 and 230.52.
L has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 223.57. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 221.62, a Stop Loss order could be placed below this zone.
More info and screens
171.18
236.46
When analyzing the support we can see 4 important areas.
- A support zone ranging from 218.56 to 221.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @194.81 from a trend line in the weekly time frame.
- Support @188.91 from a trend line in the weekly time frame.
- A support zone ranging from 172.91 to 172.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 223.57 to 223.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 229.03 to 234.12. 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 | NEUTRAL | NEUTRAL | The short term trend for L.CA is neutral. |
| ChartMill Relative Strength | 72.6 | POSITIVE | L.CA has a high relative strength, it outperformed 72.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of L.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of L.CA is below a declining 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) | 46.1 | NEUTRAL | The RSI value for L.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests L.CA has a negative trend. |
| Stochastics (14,3) | 43.85 | NEUTRAL | The Stochastics value for L.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.6 | LOW VOLATILITY | The low ATR as a percentage value for L.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 14.35 | NEGATIVE | The low ADX value for L.CA suggests a weak or negative trend. |
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)
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 |
|---|---|---|---|
| 223.79 | 218.55 | 5.24 (2.34%) | 25.00% |
| An entry @223.79. This is a Buy Stop order right above the resistance zone. | An exit @218.55. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 5.24 points, which is 2.34%. | For a 0.59% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of L. 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:L (7/11/2025, 7:00:00 PM)
221.63
-1.6 (-0.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-0.72%
1 Week-1.12%
2 Weeks-0.97%
1 Month-0.85%
3 Month7.98%
6 Month21.16%
12 Month33.26%
2 Year89.43%
3 Year90.13%
5 Year218.94%
10 Year288.44%
15 Year534.68%
Volatility
ATR(14)3.98
ATR(20)%1.6%
ATR Inc-22.26%
Range Today2.79
ADR(20)3.53
ADR(20)%1.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.6
Mansfield0.69
10 Day High226.65
10 Day Low218.03
20 Day High230.52
20 Day Low218.03
52 Week High235.17
52 Week Low162.59
CS1 End221.62
CR1 Start223.57
Volume & EV
DER(3)-1.51%
DER(5)-1.34%
Volume289.93K
Volume Incr-24.26%
Vol(5)260.34K
Vol(50)368.05K