CANNARA BIOTECH INC (LOVE.CA) Technical Analysis
TSX-V:LOVE • CA13765U2002
Overall LOVE gets a technical rating of 6 out of 10. Although LOVE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- LOVE is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so LOVE is performing more or less in line with the market.
- When compared to the yearly performance of all other stocks, LOVE outperforms 69% of them, which is more or less in line with the market.
- In the last month LOVE has a been trading in the 1.74 - 1.92 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, LOVE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 1.87. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.85, 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 5 important support areas.
- A support zone ranging from 1.81 to 1.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.78 from a trend line in the weekly time frame.
- Support @1.71 from a horizontal line in the daily time frame.
- Support @1.68 from a horizontal line in the daily time frame.
- Support @1.62 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.87 to 1.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 69.08 | NEUTRAL | LOVE.CA is not amongst the best or worst performers 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) | 53.81 | 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. |
| Stochastics (14,3) | 68.63 | NEUTRAL | The Stochastics value for LOVE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.81 | MEDIUM VOLATILITY | The ATR as a percentage value for LOVE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 9.15 | 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 |
|---|---|---|---|
| 1.99 | 1.80 | 0.19 (9.55%) | 10.47% |
| An entry @1.99. This is a Buy Stop order right above the resistance zone. | An exit @1.80. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.19 points, which is 9.55%. | For a 1.00% total portfolio risk, you can invest 10.47% 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.
LOVE.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:LOVE (3/6/2026, 7:00:00 PM)
1.87
+0.04 (+2.19%)
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 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 53.8071. 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 0.0036569, indicating a bearish trend.
What is the short term momentum for LOVE stock?
The short term momentum for CANNARA BIOTECH INC (LOVE.CA) is neutral.