Technical Analysis for L - Loblaw Companies Limited

Grade Last Price % Change Price Change
A 157.070 1.24% 1.930
L closed up 1.24 percent on Thursday, May 16, 2024, on 1.53 times normal volume. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Reversal New Highs Setup Bullish Swing Setup 0.00%
New 52 Week High Strength 0.00%
Outside Day Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Overbought Stochastic Strength 1.24%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.84%
Overbought Stochastic Strength 0.84%
Stochastic Sell Signal Bearish 0.88%

   Recent Intraday Alerts

Alert Time
New 52 Week High about 15 hours ago
Up 1 ATR about 15 hours ago
Up 1% about 19 hours ago
Rose Above Previous Day's High about 20 hours ago
Rose Above 10 DMA about 20 hours ago

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Profile

Loblaw Companies Limited Description

Loblaw Companies Limited (Loblaw) is a Canada-based holding company. The Company, through its subsidiaries, provides grocery, pharmacy, health and beauty, apparel, general merchandise, and financial products and services. The Company operates through three segments: Retail, Financial Services and Choice Properties. The Company's Retail segment consists of a discount supermarket business, a full-service supermarket business, an emerging and wholesale business and Shoppers Drug Mart. The Company also offers control label programs. The Company's Financial Services segment provides retail banking, credit card services, auto, home, life, travel and pet insurance, gift cards, and wireless mobile products and services. The Company's Choice Properties owns, develops and manages commercial properties. The Company's subsidiaries include Loblaws Inc., Shoppers Drug Mart Inc., Choice Properties Limited Partnership, Choice Properties Real Estate Investment Trust and President's Choice Bank.


Classification

Sector: Consumer Defensive
Industry: Grocery Stores
Keywords: Retail Financial Health Real Estate Bank Mobile S&P/Tsx 60 Index Financial Services Real Estate Investment Trust Investment Trust Real Estate Investment Pharma Insurance Banking Credit Partnership Retailers Law Drug Wire Retailing Limited Partnership Wireless Pharmacy Label Travel Financial Products Retail Segment Credit Card Mobile Products Supermarket George Weston Limited Loblaw Companies Card Services Credit Card Services Retail Banking Wireless Mobile Products

Is L a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 157.93
52 Week Low 109.8048
Average Volume 339,867
200-Day Moving Average 129.909
50-Day Moving Average 151.298
20-Day Moving Average 153.669
10-Day Moving Average 155.607
Average True Range 2.399
RSI (14) 64.79
ADX 13.59
+DI 20.442
-DI 15.505
Chandelier Exit (Long, 3 ATRs) 150.733
Chandelier Exit (Short, 3 ATRs) 153.687
Upper Bollinger Bands 158.371
Lower Bollinger Band 148.966
Percent B (%b) 0.86
BandWidth 6.120
MACD Line 1.845
MACD Signal Line 1.749
MACD Histogram 0.0958
Fundamentals Value
Market Cap 55.42 Billion
Num Shares 353 Million
EPS 2.79
Price-to-Earnings (P/E) Ratio 56.30
Price-to-Sales 0.45
Price-to-Book 2.09
PEG Ratio 1.84
Dividend 1.34
Dividend Yield 0.85%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 162.935
Resistance 3 (R3) 162.570 160.250 161.958
Resistance 2 (R2) 160.250 158.756 160.433 161.631
Resistance 1 (R1) 158.660 157.834 159.455 159.025 161.306
Pivot Point 156.340 156.340 156.738 156.523 156.340
Support 1 (S1) 154.750 154.846 155.545 155.115 152.834
Support 2 (S2) 152.430 153.924 152.613 152.509
Support 3 (S3) 150.840 152.430 152.183
Support 4 (S4) 151.205