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LBLCF Stock Forecast & Loblaw Companies Limited Chart Analysis

This article provides a detailed analysis of LBLCF-Loblaw Companies Limited stock including a forecast for LBLCF shares. It features Loblaw Companies Limited technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

LBLCF Historical Data Review

LBLCF Current Price Performance Analysis

The Loblaw Companies Limited - LBLCF stock traded on the American stock market, on 06-05-2024, closed at 118.25$ with a %0.80 increased compared to the previous day.

In the last month, the price of LBLCF changed by %3.65 increased in value, from 114.09 dollars on 05-06-2024 to 118.25 dollars, increased.

Last year, the price of LBLCF was 87.31 dollars on 06-06-2023, and changed by %35.44 increased in value, to 118.25 dollars increased within a year.

The price of Loblaw Companies Limited stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.

LBLCF with AI Stock Forecast & Price Target

LBLCF stock forecast Loblaw Companies Limited price target

On the LBLCF chart Loblaw Companies Limited price was recorded as 118.25 Dollars on 06/05/2024.

The artificial intelligence's forecast on LBLCF stock is as follows.

The artificial intelligence's prediction error margin for LBLCF stock is moderate.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for Loblaw Companies Limited stock over the next 4 months is: 113.2 Dollars.

The commentary on LBLCF stock Target Price: Highest: 119.504 Dollars is predicted.

The commentary on LBLCF stock Target Price: Lowest: 107.387 Dollars is predicted.

Resistance Price where Loblaw Companies Limited stock will Rise and Fall:

Date Price Prediction
09-23-2024 119.504
11-22-2024 114.562
02-10-2025 111.803

Support Price where Loblaw Companies Limited stock will Fall and Rise:

Date Price Prediction
06-25-2024 115.855
08-19-2024 111.576
11-07-2024 114.033
01-16-2025 110.036
03-27-2025 107.387

The commentary on LBLCF stock: The target price can generally be said to be on the decline.

The commentary on LBLCF stock: Fluctuations in the target price can be expected in the coming days.

The target price for Loblaw Companies Limited stock by the end of 2024 is predicted to be 110.958 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on LBLCF stock, and the 2024 target price predictions for Loblaw Companies Limited are detailed above.

The technical analysis and charts for the commentary on LBLCF stock are below.

LBLCF Support & Resistance and Trend Analysis

LBLCF review Loblaw Companies Limited technical analysis trend chart LBLCF priceLBLCF stock support and resistance price chart

LBLCF stock you have reviewed the technical analysis support resistance charts regarding.

LBLCF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the LBLCF review, the Loblaw Companies Limited support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

Loblaw Companies Limited Support and Resistance Prices:

LBLCF Support Level Price LBLCF Resistance Level Price
86.78 90.22
87.05 90.68
89.31 91.63
99.14 92.00
99.40 93.11
106.90 97.94
108.63 100.96
110.15 100.97
110.86 112.60
112.98 112.76
115.77
118.25

LBLCF Technical Analysis: SMA, RSI, MACD

LBLCF review Loblaw Companies Limited SMA chart analysis LBLCF priceLBLCF buy or sell review Loblaw Companies Limited MACD chart analysis LBLCF price

Upon reviewing the LBLCF chart, buy and sell signals have been generated in the Loblaw Companies Limited technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for LBLCF stock are as follows:
  1. The technical analysis for LBLCF indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for LBLCF indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  3. The technical analysis for Loblaw Companies Limited issued a 'Buy' signal when the MACD was at 1.011, with the current MACD value being: 1.011

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

You have read the comments, technical analyses, target prices, and financial reports for Loblaw Companies Limited stock: Click here to read more predictions on CDW Corporation stock.

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