The Greedy Trader Weekly Analysis
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- 10/23/2026 -
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Loblaw Companies Limited (L) Technical Analysis

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Summary:
Weekly :Stochastic signal line moved above oversold area
Daily :Lane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtStochastic has declined below the signal lineThe price has risen above the Parabolic SAR
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It was a fourth positive week after 9 consecutive negative weeks for the Loblaw Companies Limited (L). During the week, the L gained 1.49 points, or 1.35%, and closed at 112.01 on Friday, October 23, 2026. Weekly volume was -24% below average.

Long-term trend: [See L long-term trend chart]
A long-term uptrend had started on May 14, 2020 at 27.33 and reached 121.01 on July 28, 2026. L gained -93.68 points, or -342.77%, in 323 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 85.57 and resistance is at 123.70. 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 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 121.01 on July 28, 2026. L gained -71.65 points, or -145.16%, in 200 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 78.07 and resistance is at 125.14. 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 technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. 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 link to access Lane's Stochastic help.

The weekly MACD line is below its signal line since August 14, 2026. 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 October 16, 2026 at 107.60 and reached 113.80 on October 22, 2026. L gained -6.20 points, or -5.76%, in 6 days. The price is now at the 28.87% retracement level.

Daily Technical Indicators: [See L daily technical indicators chart]
Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Use the following link to access Williams' Percentage Range help.

The daily MACD line is above its signal line since October 1, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 72.20
Williams' Percentage Range (W%R) 4.10
Strong Overbought
Lane's Stochastic (%D-Slow) 89.96
Overbought
Greed/Fear Indicator (GFI) 86.01
Overbought
Moving Average Converg./Diverg. (MACD) 0.38
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 44.86
Williams' Percentage Range (W%R) 44.50
Lane's Stochastic (%D-Slow) 31.62
Greed/Fear Indicator (GFI) 43.96
Moving Average Converg./Diverg. (MACD) 0.70
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 125.14
Yearly Trendline Resistance 123.70
Upper Bollinger Band 114.57
Daily Stochastic Crossing 113.25
Price 112.01
Parabolic System 110.01
50 Day Moving Average 108.71
20 Day Moving Average 108.11
Weekly Stochastic Crossing 107.75
Lower Bollinger Band 103.97
Sector and Industry
Description Name Rank
Sector Financials 5
Industry Multi-line Insurance 50
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 107.60
Low Date 10/16/2026
High 113.80
High Date 10/22/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 103.89
Low Date 10/01/2026
High 113.80
High Date 10/22/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 121.01
High Date 07/28/2026
Low 103.89
Low Date 10/01/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 125.14
Support 78.07
Low 49.36
Low Date 09/26/2022
High 121.01
High Date 07/28/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 123.70
Support 85.57
Low 27.33
Low Date 05/14/2020
High 121.01
High Date 07/28/2026
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.