CANNARA BIOTECH INC (LOVE.CA) Stock Technical Analysis
TSX-V:LOVE - TSX Venture Exchange - CA13765U2002 - Common Stock - Currency: CAD
We assign a technical rating of 10 out of 10 to LOVE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LOVE is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, LOVE did better than 95% of all other stocks. On top of that, LOVE also shows a nice and consistent pattern of rising prices.
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.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
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 1.21 - 1.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although LOVE has an excellent technical rating, it does not present a decent entry opportunity 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
1.18
1.80
When analyzing the support we can see 4 important areas.
- Support @1.32 from a trend line in the weekly time frame.
- Support @1.26 from a trend line in the daily time frame.
- Support @1.21 from a trend line in the daily time frame.
- Support @1.19 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 | 95.8 | POSITIVE | LOVE.CA has a high relative strength, it outperformed 95.8% 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) | 71.96 | OVERBOUGHT | The high RSI value suggests LOVE.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests LOVE.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.83 | NEUTRAL | The Stochastics value for LOVE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.98 | HIGH VOLATILITY | The high ATR as a percentage value for LOVE.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 45.76 | POSITIVE | The high ADX value value for LOVE.CA suggests a strong 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 (7/14/2025, 7:00:00 PM)
1.78
+0.03 (+1.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryPersonal Care Products
Performance
% Chg1.71%
1 Week14.1%
2 Weeks29.93%
1 Month44.72%
3 Month31.85%
6 Month111.91%
12 Month196.67%
2 Year78%
3 Year61.82%
5 Year78%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%5.98%
ATR Inc161.11%
Range Today0.3
ADR(20)0.1
ADR(20)%5.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.8
Mansfield6.42
10 Day High1.95
10 Day Low1.4
20 Day High1.95
20 Day Low1.21
52 Week High1.95
52 Week Low0.54
CS1 End1.32
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume64.73K
Volume Incr98.78%
Vol(5)195.05K
Vol(50)77.17K