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Stock Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
Loblaw Companies Ltd (TSE:L)
Sidelines Mode (-55) - L is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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MarketClub’s Trade Triangles for L
The long-term trend has been UP since Nov 6th, 2023 at 120.650
The intermediate-term trend has been DOWN since Apr 4th, 2024 at 148.180
The short-term trend has been UP since Apr 15th, 2024 at 149.565
Smart Scan Analysis for L
Based on our trend formula, L is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 147.51 | 150.43 | 147.09 | 149.19 | +2.60 |
| Prev. Close | Volume | Bid | Ask | Time |
| 149.23 | 212339 | 2024-04-15 15:59:47 |
| Year High | 69.94 | Year High Date | 2018-07-18 |
| Year Low | 51.9 | Year Low Date | 2018-11-02 |
| 52wk High | 69.94 | 52wk High Date | 2018-07-18 |
| 52wk Low | 51.9 | 52wk Low Date | 2018-11-02 |
| Year End Close | 41.93 | Average Volume | 788,369 |
| Volatility | 69.83 |