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Stock Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Loblaw Companies Ltd (TSE:L)

Countertrend Down (-85) - L is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid L?

MarketClub looks at technical strength and momentum to determine if the timing is right for L.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

TSE_L
Open High Low L Price Change
62.60 63.04 61.21 61.21 -1.82
Entry Signal

MarketClub’s Trade Triangles for L

long term down The long-term trend has been DOWN since Oct 30th, 2020 at 66.10

intermediate term down The intermediate-term trend has been DOWN since Jan 29th, 2021 at 63.00

short term up The short-term trend has been UP since Feb 25th, 2021 at 62.04

Smart Scan Analysis for L

Based on our trend formula, L is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for L
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
62.60 63.04 61.21 61.21 -1.82
Prev. Close Volume Bid Ask Time
61.33 1077042 2021-02-26 15:59:47
Year High69.94Year High Date2018-07-18
Year Low51.9Year Low Date2018-11-02
52wk High69.9452wk High Date2018-07-18
52wk Low51.952wk Low Date2018-11-02
Year End Close41.93Average Volume788,369
Volatility69.83
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