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Archive - 9/4/2026 - Sign In to see current Signals. |
Loblaw Companies Limited (L) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :  Move cursor over the icon to see details.
| | It was the negative week for the Loblaw Companies Limited (L). During the week, the L gave back -0.42 points, or -0.38%, and closed at 109.30 on Friday, September 4, 2026. Weekly volume was 30% 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 121.01 on July 28, 2026. L gained -93.68 points, or -342.77%, in 323 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (84.35) 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 121.01 on July 28, 2026. L gained -71.65 points, or -145.16%, in 200 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend support (110.04) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.
Weekly Technical Indicators: [See L weekly technical indicators chart] Weekly technical indicators are neutral. 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 downtrend had started on July 28, 2026 at 121.01 and reached 107.93 on September 1, 2026. L lost 13.08 points, or 10.81%, in 35 days. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (107.13) is broken. A broken support is considered to be a long-term bullish signal. 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 short-term trend.
Daily Technical Indicators: [See L daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since July 30, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. 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.
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