CANNARA BIOTECH INC (LOVE.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:LOVE - CA13765U2002 - Common Stock
Overall LOVE gets a technical rating of 6 out of 10. In the last year, LOVE was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
LOVE has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 1.69, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for LOVE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.60
We found 2 important support areas.
- A support zone ranging from 1.68 to 1.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.62 to 1.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.69 to 1.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.81 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.84 to 1.86. 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 LOVE.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LOVE.CA is neutral. |
| ChartMill Relative Strength | 86.54 | POSITIVE | LOVE.CA has a high relative strength, it outperformed 86.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LOVE.CA is above 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) | 50.03 | NEUTRAL | The RSI value for LOVE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests LOVE.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 35.75 | NEUTRAL | The Stochastics value for LOVE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.73 | MEDIUM VOLATILITY | The ATR as a percentage value for LOVE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.83 | NEGATIVE | The low ADX value for LOVE.CA suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 1.71 | 1.67 | 0.04 (2.34%) | 25.00% |
| An entry @1.71. This is a Buy Stop order right above the resistance zone. | An exit @1.67. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.04 points, which is 2.34%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.58%. |
- The distance between exit and entry is rather small compared to the average daily movement of LOVE. 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.
TSX-V:LOVE (12/9/2025, 7:00:00 PM)
1.69
-0.02 (-1.17%)
CANNARA BIOTECH INC / LOVE.CA FAQ
What is the technical rating for LOVE stock?
ChartMill assigns a technical rating of 6 / 10 to LOVE.CA.
What is the trend direction for LOVE stock?
The current trend direction for CANNARA BIOTECH INC (LOVE.CA) is Bullish.
What is the RSI signal for LOVE stock?
CANNARA BIOTECH INC (LOVE.CA) has an RSI value of 50.0326. This indicates that the stock is currently neutral.
What is the MACD signal for CANNARA BIOTECH INC (LOVE.CA) stock?
The MACD indicator for CANNARA BIOTECH INC (LOVE.CA) has a value of 0.00201584, indicating a bearish trend.
Can you provide the short term momentum for CANNARA BIOTECH INC?
The short term momentum for CANNARA BIOTECH INC (LOVE.CA) is neutral.