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RSI low/high Values: [ 20 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of LBLCF
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Red day on Friday for Loblaw Companies Limited stock after losing 0%
(Updated on Jun 14, 2024)

Buy or Hold candidate since May 01, 2024 Gain 4.23% PDF

No changes to the price of Loblaw Companies Limited stock on the last trading day (Friday, 14th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at $116.74 to a day high of $116.74. The price has been going up and down for this period, and there has been a 3.31% gain for the last 2 weeks.

The stock lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 6.49% during the next 3 months and, with a 90% probability hold a price between $118.73 and $126.43 at the end of this 3-month period.

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LBLCF Signals & Forecast

The Loblaw Companies Limited stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $117.14. On a fall, the stock will find some support from the long-term average at approximately $114.55. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, June 07, 2024, and so far it has fallen -1.19%. Further fall is indicated until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued. The stock had a Golden Star Signal on Friday, July 14, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Friday, July 14, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Loblaw Companies Limited stock

Loblaw Companies Limited finds support from accumulated volume at $114.16 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0%

Our recommended stop-loss: $111.80 (-4.23%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 6 days ago.)

Trading Expectations (LBLCF) For The Upcoming Trading Day Of Monday 17th

For the upcoming trading day on Monday, 17th we expect Loblaw Companies Limited to open at $116.74, and during the day (based on 14 day Average True Range), to move between $116.11 and $117.37, which gives a possible trading interval of +/-$0.628 (+/-0.54%) up or down from last closing price. If Loblaw Companies Limited takes out the full calculated possible swing range there will be an estimated 1.08% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $117.31 (0.49%) than the support at $114.16 (2.21%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Loblaw Companies Limited stock A Buy?

Loblaw Companies Limited holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Loblaw Companies Limited of Monday, June 17, 2024

Fair opening price June 17, 2024 Current price
$116.74 ( 0%) $116.74

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for LBLCF

Fibonacci Support & Resistance Levels

Level Price
R3 116.74 -
R2 116.74 -
R1 116.74 -
Price 116.74
S1 116.74 -
S2 116.74 -
S3 116.74 -

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 118.15 1.21%
R1 117.31 0.488%
Price 116.74
S1 114.16 -2.21%
S2 113.29 -2.96%
S3 111.52 -4.47%

LBLCF Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 14, 2024 Jun 14, 2024 Jul 01, 2024 $0.375 0.322%
2 Jun 13, 2024 Jun 13, 2024 Jun 13, 2024 $0 0%
3 Mar 14, 2024 Mar 14, 2024 Apr 01, 2024 $0.331 0.298%
4 Dec 14, 2023 Dec 14, 2023 Dec 30, 2023 $0.332 0.344%
5 Sep 14, 2023 Sep 14, 2023 Oct 01, 2023 $0.329 0.387%

FAQ

What is the symbol for Loblaw Companies Limited Stock and on which exchange is it traded?
The symbol for Loblaw Companies Limited is LBLCF and it is traded on the PINK (Pink Sheets).

Should I buy or sell Loblaw Companies Limited Stock?
Loblaw Companies Limited holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Loblaw Companies Limited Stock?
Loblaw Companies Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Loblaw Companies Limited Stock.

What's the current price of Loblaw Companies Limited Stock?
As of the end of day on the Jun 14, 2024, the price of an Loblaw Companies Limited (LBLCF) share was $116.74.

What is the 52-week high and low for Loblaw Companies Limited Stock?
The 52-week high for Loblaw Companies Limited Stock is $118.15 and the 52-week low is $78.00.

What is the market capitalization of Loblaw Companies Limited Stock?
As of the Jun 14, 2024, the market capitalization of Loblaw Companies Limited is 35.787B.

When is the next earnings date for Loblaw Companies Limited?
The upcoming earnings date for Loblaw Companies Limited is Jul 24, 2024.
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About Loblaw Companies Limited

Loblaw Companies Limited Loblaw Companies Limited, a food and pharmacy company, engages in the grocery, pharmacy, health and beauty, apparel, general merchandise, financial services, and wireless mobile products and services businesses in Canada. It operates in two segments, Retail and Financial Services. The Retail segment operates corporate and franchise-owned retail food, and associate-owned drug stores. This segment also includes in-store pharmacies, other health and... LBLCF Profile

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