Stock Trend Analysis Report
Prepared for you on Tuesday, October 20, 2020.
Loblaw Companies Ltd (TSE:L)
Bull Market Weakness (+75) - L is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on L as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for L
The long-term trend has been UP since Mar 31st, 2020 at 72.88
The intermediate-term trend has been UP since Sep 22nd, 2020 at 69.38
The short-term trend has been UP since Oct 16th, 2020 at 69.71
Smart Scan Analysis for L
Based on our trend formula, L is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|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|