Technical Analysis for L - Loblaw Companies Limited

Grade Last Price % Change Price Change
grade A 70.15 0.21% 0.150
L closed up 0.13 percent on Thursday, May 23, 2019, on 1.66 times normal volume. The bulls were able to push the stock to a new 52-week high. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Up Up Up
See historical L trend table...

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.21%
Lizard Bearish Bearish Day Trade Setup 0.21%
Pocket Pivot Bullish Swing Setup 0.21%
New 52 Week High Strength 0.21%
Overbought Stochastic Strength 0.21%
Multiple of Ten Bearish Other 0.34%
Overbought Stochastic Strength 0.34%
Upper Bollinger Band Walk Strength 0.52%
Multiple of Ten Bearish Other 0.52%
Inside Day Range Contraction 0.52%

Older signals for L ...

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Profile
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.
Economy S&P/Tsx 60 Index Retailing Retail Retailers Financial Products Supermarket George Weston Limited Loblaw Companies 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
Summary: Counts: 4 bullish, 0 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 70.8
52 Week Low 51.9
Average Volume 553,103
200-Day Moving Average 64.7387
50-Day Moving Average 66.5804
20-Day Moving Average 67.4715
10-Day Moving Average 69.218
Average True Range 1.0883
ADX 31.17
+DI 28.6246
-DI 10.8415
Chandelier Exit (Long, 3 ATRs ) 67.5351
Chandelier Exit (Short, 3 ATRs ) 67.4249
Upper Bollinger Band 71.4142
Lower Bollinger Band 63.5288
Percent B (%b) 0.82
BandWidth 11.687009
MACD Line 1.1023
MACD Signal Line 0.8173
MACD Histogram 0.285
Fundamentals Value
Market Cap 27.6 Billion
Num Shares 394 Million
EPS 2.99
Price-to-Earnings (P/E) Ratio 23.41
Price-to-Sales 0.57
Price-to-Book 2.11
PEG Ratio 1.84
Dividend 0.83
Dividend Yield 1.19%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 71.560
Resistance 3 (R3) 71.653 71.227 71.300
Resistance 2 (R2) 71.227 70.829 71.180 71.213
Resistance 1 (R1) 70.613 70.584 70.920 70.520 71.127
Pivot Point 70.187 70.187 70.340 70.140 70.187
Support 1 (S1) 69.573 69.789 69.880 69.480 68.873
Support 2 (S2) 69.147 69.544 69.100 68.787
Support 3 (S3) 68.533 69.147 68.700
Support 4 (S4) 68.440