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Stock Trend Analysis Report

Prepared for you on Sunday, December 3, 2023.

Loblaw Companies Ltd (TSE:L)

Crossroads (-60) - L is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

Open High Low L Price Change
117.71 118.60 117.14 118.15 +1.15
Entry Signal

MarketClub’s Trade Triangles for L

long term up The long-term trend has been UP since Nov 6th, 2023 at 120.65

intermediate term down The intermediate-term trend has been DOWN since Nov 30th, 2023 at 118.60

short term down The short-term trend has been DOWN since Nov 28th, 2023 at 120.61

Smart Scan Analysis for L

Based on our trend formula, L is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for L
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
117.71 118.60 117.14 118.15 +1.15
Prev. Close Volume Bid Ask Time
118.19 327754 2023-12-01 15:59:58
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
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