LEON'S FURNITURE LTD (LNF.CA) Stock Technical Analysis
TSX:LNF - Toronto Stock Exchange - CA5266821092 - Common Stock - Currency: CAD
Overall LNF gets a technical rating of 7 out of 10. Although LNF is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: LNF has an average volume of 15092 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
LNF 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 LNF is lagging the market slightly.
When comparing the yearly performance of all stocks, we notice that LNF is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
LNF is an average performer in the Specialty Retail industry, it outperforms 56% of 17 stocks in the same industry.
In the last month LNF has a been trading in the 26.37 - 28.82 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
LNF has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 27.16, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
20.90
28.86
We found 4 important support areas.
- A support zone ranging from 26.14 to 27.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.36 from a trend line in the weekly time frame.
- Support @21.72 from a horizontal line in the weekly time frame.
- Support @21.11 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @28.57 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 LNF.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LNF.CA is up. |
| ChartMill Relative Strength | 79.03 | POSITIVE | LNF.CA has a high relative strength, it outperformed 79.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LNF.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LNF.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of LNF.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.11 | NEUTRAL | The RSI value for LNF.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests LNF.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 69.22 | NEUTRAL | The Stochastics value for LNF.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for LNF.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 26.23 | POSITIVE | The high ADX value value for LNF.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)
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 |
|---|---|---|---|
| 27.93 | 26.56 | 1.37 (4.91%) | 20.39% |
| An entry @27.93. This is a Buy Stop order right above the resistance zone. | An exit @26.56. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.37 points, which is 4.91%. | For a 1.00% total portfolio risk, you can invest 20.39% 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:LNF (7/2/2025, 7:00:00 PM)
27.97
-0.06 (-0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-0.21%
1 Week1.27%
2 Weeks2.34%
1 Month-0.99%
3 Month29.79%
6 Month5.99%
12 Month23.11%
2 Year25.93%
3 Year67.48%
5 Year108.89%
10 Year90.27%
15 Year133.47%
Volatility
ATR(14)0.79
ATR(20)%2.49%
ATR Inc7.43%
Range Today0.65
ADR(20)0.69
ADR(20)%2.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.03
Mansfield-0.09
10 Day High28.37
10 Day Low26.37
20 Day High28.82
20 Day Low26.37
52 Week High30.64
52 Week Low20.51
CS1 End27.16
CR1 Start27.46
Volume & EV
DER(3)-2.92%
DER(5)-0.46%
Volume15.37K
Volume Incr-9.99%
Vol(5)12.32K
Vol(50)15.09K