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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 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.

TSE_L
Open High Low L Price Change
177.00 177.00 173.84 175.17 -2.81
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 up The intermediate-term trend has been UP since Oct 30th, 2024 at 178.64

short term down The short-term trend has been DOWN since Nov 13th, 2024 at 185.02

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).

+55
Smart Scan Analysis for L
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
177.00 177.00 173.84 175.17 -2.81
Prev. Close Volume Bid Ask Time
175.20 274371 2024-11-19 15:59:29
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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