CANNARA BIOTECH INC (LOVE.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:LOVE • CA13765U2002
Taking everything into account, LOVE scores 7 out of 10 in our technical rating. 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.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Looking at the yearly performance, LOVE did better than 72% of all other stocks.
- 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.
- LOVE is part of the Personal Care Products industry. There are 4 other stocks in this industry, LOVE did better than 66% of them.
- In the last month LOVE has a been trading in the 1.67 - 2.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, LOVE also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.81, a Stop Loss order could be placed below this zone.
More info and screens
1.60
5 important support areas can be observed.
- A support zone ranging from 1.81 to 1.81. 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 1.78 to 1.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.74 from a trend line in the daily time frame.
- Support @1.71 from a horizontal line in the daily time frame.
- A support zone ranging from 1.62 to 1.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.92 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 | NEUTRAL | NEUTRAL | The long term trend for LOVE.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LOVE.CA is up. |
| ChartMill Relative Strength | 72.69 | POSITIVE | LOVE.CA has a high relative strength, it outperformed 72.69% 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) | 54.02 | NEUTRAL | The RSI value for LOVE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests LOVE.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.33 | NEUTRAL | The Stochastics value for LOVE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.62 | MEDIUM VOLATILITY | The ATR as a percentage value for LOVE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.67 | NEGATIVE | The low ADX value for LOVE.CA suggests a weak or negative trend. |
TSX-V:LOVE (2/6/2026, 7:00:00 PM)
1.86
0 (0%)
CANNARA BIOTECH INC / LOVE.CA FAQ
What is the technical rating for LOVE stock?
ChartMill assigns a technical rating of 7 / 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 LOVE stock?
CANNARA BIOTECH INC (LOVE.CA) has an RSI value of 54.021. 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 -0.00402873, 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.