Stock Trend Analysis Report
Prepared for you on Wednesday, August 5, 2020.
Loblaw Companies Ltd (TSE:L.PR.B)
Bear Market Rally (-75) - L.PR.B is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on L.PR.B as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid L.PR.B?
MarketClub looks at technical strength and momentum to determine if the timing is right for L.PR.B.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for L.PR.B
The long-term trend has been DOWN since Feb 3rd, 2020 at 25.30
The intermediate-term trend has been UP since Jul 21st, 2020 at 25.11
The short-term trend has been DOWN since Jul 27th, 2020 at 24.95
Smart Scan Analysis for L.PR.B
Based on our trend formula, L.PR.B is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||25.6||Year High Date||2018-01-04|
|Year Low||24.03||Year Low Date||2018-10-29|
|52wk High||25.69||52wk High Date||2017-12-13|
|52wk Low||24.03||52wk Low Date||2018-10-29|