CANNARA BIOTECH INC (LOVE.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:LOVE - CA13765U2002 - Common Stock
We assign a technical rating of 10 out of 10 to LOVE. In the last year, LOVE was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Although LOVE has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.60
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.71 to 1.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.62 from a horizontal line in the weekly 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 | UP | POSITIVE | The short term trend for LOVE.CA is up. |
| ChartMill Relative Strength | 82.36 | POSITIVE | LOVE.CA has a high relative strength, it outperformed 82.36% 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) | UP | POSITIVE | The current price of LOVE.CA is above the rising 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) | 64.94 | NEUTRAL | The RSI value for LOVE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests LOVE.CA has a positive trend. |
| Stochastics (14,3) | 92.98 | OVERBOUGHT | The high Stochastics value suggests LOVE.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for LOVE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.7 | NEGATIVE | The low ADX value for LOVE.CA suggests a weak or negative trend. |
TSX-V:LOVE (1/12/2026, 7:00:00 PM)
1.85
+0.02 (+1.09%)
CANNARA BIOTECH INC / LOVE.CA FAQ
What is the technical rating for LOVE stock?
ChartMill assigns a technical rating of 10 / 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 Bullish.
What is the RSI signal for LOVE stock?
CANNARA BIOTECH INC (LOVE.CA) has an RSI value of 64.9359. This indicates that the stock is currently neutral.
What is the MACD signal for LOVE stock?
The MACD indicator for CANNARA BIOTECH INC (LOVE.CA) has a value of 0.0103063, indicating a bearish trend.
What is the short term momentum for LOVE stock?
The short term momentum for CANNARA BIOTECH INC (LOVE.CA) is positive.