LOBLAW COMPANIES LTD (L.CA) Stock Technical Analysis
TSX:L - Toronto Stock Exchange - CA5394811015 - Common Stock - Currency: CAD
Taking everything into account, L scores 10 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, L is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, L did better than 88% of all other 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 18 other stocks in this industry. L outperforms 76% of them.
L is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so L is leading the market.
In the last month L has a been trading in the 211.94 - 229.56 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although L has an excellent technical rating, it does not offer a high quality setup 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
168.99
231.33
We found 3 important support areas.
- A support zone ranging from 212.98 to 221.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @188.19 from a trend line in the weekly time frame.
- A support zone ranging from 170.70 to 175.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @229.04 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 | UP | POSITIVE | The short term trend for L.CA is up. |
| ChartMill Relative Strength | 88.48 | POSITIVE | L.CA has a high relative strength, it outperformed 88.48% off all stocks 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) | 63.32 | NEUTRAL | The RSI value for L.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.38 | NEGATIVE | The MACD value suggests L.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 69.88 | NEUTRAL | The Stochastics value for L.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for L.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 28.05 | POSITIVE | The high ADX value value for L.CA suggests a strong 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)
TSX:L (5/23/2025, 7:00:00 PM)
224.37
+0.19 (+0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg0.08%
1 Week3.23%
2 Weeks1.71%
1 Month4.21%
3 Month27.56%
6 Month25.85%
12 Month43.22%
2 Year89.04%
3 Year92.28%
5 Year229.18%
10 Year343.42%
15 Year620.61%
Volatility
ATR(14)4.24
ATR(20)%1.95%
ATR Inc-50.02%
Range Today2.39
ADR(20)4.35
ADR(20)%1.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.48
Mansfield2.02
10 Day High226.11
10 Day Low211.94
20 Day High229.56
20 Day Low211.94
52 Week High229.56
52 Week Low152.39
CS1 End221.03
CR1 Start229.04
Volume & EV
DER(3)-1.43%
DER(5)-3.15%
Volume234.09K
Volume Incr-0.64%
Vol(5)358.73K
Vol(50)440.95K