CANNARA BIOTECH INC (LOVE.CA) Stock Technical Analysis
Canada - TSX-V:LOVE - CA13765U2002 - Common Stock
1.72 CAD
+0.03 (+1.78%)
Overall LOVE gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Looking at the yearly performance, LOVE did better than 87% of all other stocks. We also observe that the gains produced by LOVE over the past year are nicely spread over this period.
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.
In the last month LOVE has a been trading in the 1.66 - 1.86 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
LOVE is an average performer in the Personal Care Products industry, it outperforms 66% of 4 stocks in the same industry.
LOVE has an average technical rating and the quality of the presented setup is also 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
1.59
1.97
We found 2 important support areas.
- A support zone ranging from 1.68 to 1.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.61 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.75 to 1.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.79 to 1.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.95 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 LOVE.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LOVE.CA is down. |
| ChartMill Relative Strength | 87.94 | POSITIVE | LOVE.CA has a high relative strength, it outperformed 87.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LOVE.CA is below a declining 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) | 47.98 | 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) | 30 | NEUTRAL | The Stochastics value for LOVE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.96 | MEDIUM VOLATILITY | The ATR as a percentage value for LOVE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 15.01 | NEGATIVE | The low ADX value for LOVE.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)
TSX-V:LOVE (10/21/2025, 7:00:00 PM)
1.72
+0.03 (+1.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryPersonal Care Products
Performance
% Chg1.78%
1 Week0.58%
2 Weeks-2.79%
1 Month-1.14%
3 Month-2.25%
6 Month24.29%
12 Month159.7%
2 Year93.33%
3 Year58.18%
5 Year93.33%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%2.96%
ATR Inc30%
Range Today0.06
ADR(20)0.05
ADR(20)%2.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.94
Mansfield2.09
10 Day High1.8
10 Day Low1.66
20 Day High1.86
20 Day Low1.66
52 Week High1.99
52 Week Low0.58
CS1 End1.68
CR1 Start1.75
Volume & EV
DER(3)-74.71%
DER(5)-112.39%
Volume42.56K
Volume Incr31.25%
Vol(5)54.69K
Vol(50)48.05K