The Greedy Trader Weekly Analysis
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- 7/17/2026 -
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Loblaw Companies Limited (L) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken trend resistance line
Daily :Daily  MACD line has moved below its signal line
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It was the negative week for the Loblaw Companies Limited (L). During the week, the L gave back -0.54 points, or -0.47%, and closed at 114.45 on Friday, July 17, 2026. Weekly volume was 7% 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 May 14, 2020 at 27.33 and reached 119.10 on July 7, 2026. L gained -91.77 points, or -335.78%, in 320 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (83.09) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See L medium-term trend chart]
A medium-term uptrend had started on September 26, 2022 at 49.36 and reached 119.10 on July 7, 2026. L gained -69.74 points, or -141.29%, in 197 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 107.60 and resistance is at 118.36. 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 medium-term trend.

Weekly Technical Indicators: [See L weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since June 26, 2026. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See L short-term trend chart]
A short-term downtrend had started on July 7, 2026 at 119.10 and reached 111.48 on July 15, 2026. L lost 7.62 points, or 6.40%, in 8 days. The chart has formed a Broadening Descending 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 below its signal line. Such crossover is considered a bearish signal.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 54.14
Williams' Percentage Range (W%R) 27.80
Lane's Stochastic (%D-Slow) 31.87
Greed/Fear Indicator (GFI) 52.74
Moving Average Converg./Diverg. (MACD) 1.82
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 56.66
Williams' Percentage Range (W%R) 20.60
Lane's Stochastic (%D-Slow) 72.86
Greed/Fear Indicator (GFI) 68.17
Moving Average Converg./Diverg. (MACD) 1.86
Trading Signals
Description Value Chart
Monthly Trendline Resistance 120.78
Quarterly Trendline Resistance 118.36
Upper Bollinger Band 118.34
Parabolic System 117.50
Weekly Stochastic Crossing 115.47
Price 114.45
20 Day Moving Average 113.50
Daily Stochastic Crossing 112.99
Monthly Trendline Support 109.84
50 Day Moving Average 109.23
Lower Bollinger Band 107.96
Quarterly Trendline Support 107.60
Sector and Industry
Description Name Rank
Sector Financials 12
Industry Multi-line Insurance 113
Daily Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
High 119.10
High Date 07/07/2026
Low 111.48
Low Date 07/15/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 102.17
Low Date 06/01/2026
High 119.10
High Date 07/07/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 120.78
Support 109.84
Low 52.84
Low Date 03/24/2023
High 119.10
High Date 07/07/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 118.36
Support 107.60
Low 49.36
Low Date 09/26/2022
High 119.10
High Date 07/07/2026
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Resistance
Resistance 73.90
Support 83.09
Low 27.33
Low Date 05/14/2020
High 119.10
High Date 07/07/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.