
Technical analysis of Loblaw Companies Limited (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
Loblaw Companies Limited is a Canadian food and pharmacy company that provides retail grocery services, pharmacies, health and beauty products, apparel, and financial services. The company operates multiple retail banners including Loblaws, Shoppers Drug Mart, No Frills, and others across Canada and the United States. Its business segments include retail operations through corporate and franchise-owned stores, as well as financial services including credit cards, banking, loyalty programs, and telecommunications services.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 21, 2026, computed on the last 12 months of prices.
21 sessions
64.16
+6.70%
50 sessions
62.70
+9.18%
200 sessions
63.06
+8.57%
s2
68.24
Support
s1
68.67
Support
pivot
69.28
Pivot
r1
69.71
Resistance
r2
70.32
Resistance
In the October 21, 2026 session Loblaw Companies Limited closed lower at 68.46 , −0.91% versus the previous session.
The price sits above every moving average observed: +6.70% against the 21-session average, +9.18% against the 50 and +8.57% against the 200.
The 14-period RSI reads 68.1, in neutral territory.
MACD stands at 1.740 against a signal line at 1.043: the histogram is positive (+0.696).
ADX reads 25.5, indicating a marked directionality.
Levels computed on the latest session place supports at 68.67 and 68.24 and resistances at 69.71 and 70.32 , around a pivot of 69.28.
The average daily range (ATR) is 1.348 , or 1.97% of price.
Turnover was 1.1M shares, 84% of the 20-session average.
Over the last twelve months the price ranged between 58.56 and 70.23 , and today stands −2.52% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is Loblaw Companies Limited analysed technically?
Technical analysis of Loblaw Companies Limited is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Loblaw Companies Limited?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Loblaw Companies Limited?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Loblaw Companies Limited it helps frame the technical structure of the historical chart and is not a forecast.
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