|
|
Downtrend Broken Resist.Archive - 10/9/2026 - Sign In to see current Signals. |
Loblaw Companies Limited (L) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a second positive week after 9 consecutive negative weeks for the Loblaw Companies Limited (L). During the week, the L climbed 0.66 points, or 0.62%, and closed at 106.69 on Friday, October 9, 2026. L was trading at average weekly trading volume.
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 85.21 and resistance is at 123.23. 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 77.79 and resistance is at 124.47. 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 Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold 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 link to access Lane's Stochastic help. The weekly MACD line is below its signal line since August 14, 2026. The distance between MACD and the signal line is near its high, but getting smaller. 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 1, 2026 at 103.89 and reached 108.04 on October 9, 2026. L gained -4.15 points, or -3.99%, in 8 days. The price is now at the 32.53% retracement level.
Daily Technical Indicators: [See L daily technical indicators chart] Daily technical indicators are neutral. 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 price is close to the moving average in the center of the Bollinger Bands. 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.
| |
|
|