CANNARA BIOTECH INC (LOVE.CA) Technical Analysis
TSX-V:LOVE • CA13765U2002
Current stock price
LOVE.CA Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to LOVE. In the last year, LOVE was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- LOVE is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- LOVE 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 LOVE is lagging the market slightly.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When compared to the yearly performance of all other stocks, LOVE outperforms 53% of them, which is more or less in line with the market.
LOVE.CA Weekly and Daily overview Charts
LOVE.CA Setup Rating and Analysis
Although the technical rating is only medium, LOVE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.82, a Stop Loss order could be placed below this zone.
More info and screens
LOVE.CA Support and Resistance Analysis
1.60
4 important support areas can be observed.
- A support zone ranging from 1.80 to 1.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.76 to 1.76. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @1.72 from a horizontal line in the daily time frame.
- Support @1.62 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.83 to 1.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.93 from a horizontal line in the weekly time frame.
LOVE.CA 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for LOVE.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LOVE.CA is neutral. |
| ChartMill Relative Strength | 53.15 | NEUTRAL | LOVE.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LOVE.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LOVE.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LOVE.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.86 | NEUTRAL | The RSI value for LOVE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests LOVE.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.25 | NEUTRAL | The Stochastics value for LOVE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.37 | MEDIUM VOLATILITY | The ATR as a percentage value for LOVE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 13.08 | NEGATIVE | The low ADX value for LOVE.CA suggests a weak or negative trend. |
LOVE.CA Chart- and CandleStick Pattern Analysis
LOVE.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:LOVE (4/24/2026, 7:00:00 PM)
1.82
-0.02 (-1.09%)
CANNARA BIOTECH INC / LOVE.CA TA FAQ
What is the technical rating for LOVE stock?
ChartMill assigns a technical rating of 4 / 10 to LOVE.CA.
What is the current trend direction of CANNARA BIOTECH INC (LOVE.CA) stock?
The current trend direction for CANNARA BIOTECH INC (LOVE.CA) is Bearish.
What is the RSI signal for CANNARA BIOTECH INC (LOVE.CA) stock?
CANNARA BIOTECH INC (LOVE.CA) has an RSI value of 48.8557. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CANNARA BIOTECH INC?
The MACD indicator for CANNARA BIOTECH INC (LOVE.CA) has a value of -0.0058717, indicating a bearish trend.
What are the support and resistance levels for CANNARA BIOTECH INC (LOVE.CA) stock?
CANNARA BIOTECH INC (LOVE.CA) has a support level at 1.82 and a resistance level at 1.83. Check the full technical report for our detailed analysis of LOVE.CA support and resistance levels.