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LAURENTIAN BANK OF CANADA (LB.CA) Stock Technical Analysis

TSX:LB - Toronto Stock Exchange - CA51925D1069 - Common Stock - Currency: CAD

30.86  -0.11 (-0.36%)

Technical Rating and Analysis

7

Taking everything into account, LB scores 7 out of 10 in our technical rating. Although LB is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

The long and short term trends are both positive. This is looking good!
LB is part of the Banks industry. There are 29 other stocks in this industry. LB outperforms 82% of them.
LB 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 LB is lagging the market slightly.
When comparing the performance of all stocks over the past year, LB turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
In the last month LB has a been trading in a tight range between 30.67 and 31.44.
Weekly and Daily overview Charts
LAURENTIAN BANK OF CANADA / LB Weekly stock chart
LAURENTIAN BANK OF CANADA / LB Daily stock chart
Setup Rating and Analysis

8

LB 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. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 30.85, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

25.01

31.65

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 30.11 to 30.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @26.25 from a horizontal line in the weekly time frame.
  • Support @25.26 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 30.95 to 31.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for LB.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for LB.CA is up.
ChartMill Relative Strength66.66NEUTRALLB.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of LB.CA is below a declining SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of LB.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of LB.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)52.94NEUTRALThe RSI value for LB.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.08NEGATIVEThe MACD value suggests LB.CA has a negative trend.
Stochastics (14,3)37.23NEUTRALThe Stochastics value for LB.CA is a neutral value.
Average True Range in percent/ATR (20)0.96LOW VOLATILITYThe low ATR as a percentage value for LB.CA suggests low volalility.
Average Directional Index/ADX (14)41.44POSITIVEThe high ADX value value for LB.CA suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
30.9630.660.30 (0.97%)25.00%
An entry @30.96. This is a Buy Stop order right above the 10 day moving average.An exit @30.66. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.30 points, which is 0.97%.For a 0.24% 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 LB. 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.
LAURENTIAN BANK OF CANADA / LB Daily stock chart

LAURENTIAN BANK OF CANADA

TSX:LB (7/28/2025, 7:00:00 PM)

30.86

-0.11 (-0.36%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.36%
1 Week-0.03%
2 Weeks-0.36%
1 Month-1.12%
3 Month13.25%
6 Month10.21%
12 Month20.83%
2 Year-22.33%
3 Year-26.15%
5 Year16.23%
10 Year-37.63%
15 Year-32.91%
Volatility
ATR(14)0.28
ATR(20)%0.96%
ATR Inc-32.68%
Range Today0.21
ADR(20)0.27
ADR(20)%0.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.66
Mansfield0.02
10 Day High31.34
10 Day Low30.67
20 Day High31.44
20 Day Low30.67
52 Week High31.74
52 Week Low24.37
CS1 End30.85
CR1 Start30.95
Volume & EV
DER(3)-6.1%
DER(5)-2.18%
Volume203.68K
Volume Incr-14.67%
Vol(5)152.61K
Vol(50)188.48K