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 6 out of 10. LNF has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
Warning: LNF has an average volume of 14261 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
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.
In the last month LNF has a been trading in the 26.37 - 28.37 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
When comparing the yearly performance of all stocks, we notice that LNF is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this relatively good performance is mostly due to a recent big move.
LNF is part of the Specialty Retail industry. There are 16 other stocks in this industry, LNF did better than 53% of them.
Although the technical rating is only medium, LNF does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 28.24. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 27.82, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for LNF in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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 5 important support areas.
- A support zone ranging from 27.24 to 27.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.43 to 26.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.42 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.
- A resistance zone ranging from 28.24 to 28.57. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The short term trend for LNF.CA is neutral. |
| ChartMill Relative Strength | 74.84 | POSITIVE | LNF.CA has a high relative strength, it outperformed 74.84% 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) | 55.65 | NEUTRAL | The RSI value for LNF.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests LNF.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 72.11 | NEUTRAL | The Stochastics value for LNF.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.79 | MEDIUM VOLATILITY | The ATR as a percentage value for LNF.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.14 | NEGATIVE | The low ADX value for LNF.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 |
|---|---|---|---|
| 28.58 | 27.23 | 1.35 (4.72%) | 21.17% |
| An entry @28.58. This is a Buy Stop order right above the resistance zone. | An exit @27.23. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.35 points, which is 4.72%. | For a 1.00% total portfolio risk, you can invest 21.17% 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 (7/11/2025, 7:00:00 PM)
27.9
-0.2 (-0.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-0.71%
1 Week4.3%
2 Weeks0.72%
1 Month-0.18%
3 Month23.73%
6 Month10.71%
12 Month20.94%
2 Year25.62%
3 Year67.07%
5 Year108.36%
10 Year89.8%
15 Year132.89%
Volatility
ATR(14)0.74
ATR(20)%2.79%
ATR Inc16.99%
Range Today1.07
ADR(20)0.75
ADR(20)%2.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.84
Mansfield-0.17
10 Day High28.36
10 Day Low26.75
20 Day High28.37
20 Day Low26.37
52 Week High30.64
52 Week Low20.51
CS1 End27.82
CR1 Start28.24
Volume & EV
DER(3)4.5%
DER(5)2%
Volume5.61K
Volume Incr9.9%
Vol(5)10.75K
Vol(50)14.26K