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Archive - 6/27/2025 - Sign In to see current Signals. |
Loblaw Companies Limited (L) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :   Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Loblaw Companies Limited (L). During the week, the L gained 1.24 points, or 1.39%, and closed at 90.40 on Friday, June 27, 2025. Weekly volume was 27% above average. L is a member of Financials Sector. Financials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See L long-term trend chart] A long-term uptrend had started on September 26, 2022 at 49.36 and reached 92.42 on April 1, 2025. L gained -43.06 points, or -87.24%, in 131 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 84.60 and resistance is at 95.69. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.
Medium-term trend: [See L medium-term trend chart] A medium-term uptrend had started on March 24, 2023 at 52.84 and reached 92.42 on April 1, 2025. L gained -39.58 points, or -74.91%, in 105 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 81.46 and resistance is at 95.53. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See L weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. Use the following link to access a MACD help.
Short-term trend: [See L short-term trend chart] A short-term uptrend had started on June 9, 2025 at 86.77 and reached 90.90 on June 24, 2025. L gained -4.13 points, or -4.76%, in 15 days. The chart has formed a Broadening Ascending Wedge chart pattern.
Daily Technical Indicators: [See L daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. The price touches the upper Bollinger Band. The distance between the Bollinger Bands is falling, and it was 3.27% on Friday. It is 54.31% lower than one year average. It indicates the period of low volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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