Stock Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
LOBLAW COMPANIES LTD (TSE:L)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for L
The long term trend has been DOWN since Jan 30th, 2018 at 66.22
The intermediate term trend has been UP since Feb 26th, 2018 at 66.09
The short term trend has been DOWN since Mar 15th, 2018 at 66.40
Smart Scan Analysis for L
Based on a pre-defined weighted trend formula for chart analysis, L scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||69.92||Year High Date||2018-01-26|
|Year Low||63.3||Year Low Date||2018-02-09|
|52wk High||78.87||52wk High Date||2017-05-04|
|52wk Low||63.3||52wk Low Date||2018-02-09|
|Year End Close||41.93||Average Volume||639,932|