LOBLAW COMPANIES LTD (L.CA) Technical Analysis
TSX:L • CA5394811015
Taking everything into account, L scores 4 out of 10 in our technical rating. In the last year, L was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- In the last month L has a been trading in the 61.52 - 69.59 range, which is quite wide. It is currently trading near the lows of this range.
- L is one of the better performing stocks in the Consumer Staples Distribution & Retail industry, it outperforms 73% of 16 stocks in the same industry.
- 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.
- L has an average volume of 1394260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- When comparing the performance of all stocks over the past year, L turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
Although the technical rating is only medium, L does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 63.10, a Stop Loss order could be placed below this zone.
More info and screens
51.96
3 important support areas can be observed.
- A support zone ranging from 60.79 to 63.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @55.10 from a horizontal line in the daily time frame.
- Support @52.48 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @69.26 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for L.CA is down. |
| ChartMill Relative Strength | 62.72 | NEUTRAL | L.CA is not amongst the best or worst performers 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) | UP | MIXED | The current price of L.CA is below 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) | 44.28 | NEUTRAL | The RSI value for L.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.51 | NEGATIVE | The MACD value suggests L.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.36 | OVERSOLD | The low Stochastics value suggests L.CA may be oversold. |
| Average True Range in percent/ATR (20) | 2.61 | MEDIUM VOLATILITY | The ATR as a percentage value for L.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 29.41 | POSITIVE | The high ADX value value for L.CA suggests a strong trend. |
L.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:L (3/10/2026, 7:00:00 PM)
63.14
+0.05 (+0.08%)
LOBLAW COMPANIES LTD / L.CA FAQ
What is the technical rating for L stock?
ChartMill assigns a technical rating of 4 / 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 44.2758. 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 -0.506502, 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 hold as the short term and long term trends are mixed.