LOOP INDUSTRIES INC (LOOP)

US5435181046 - Common Stock

1.26  -0.34 (-21.25%)

Technical Rating and Analysis

3

Taking everything into account, LOOP scores 3 out of 10 in our technical rating. In the past year, LOOP was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

90% of all other stocks performed better in the past year than LOOP.
LOOP is part of the Chemicals industry. There are 83 other stocks in this industry, of which 81% are performing better than LOOP.
LOOP is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month LOOP has a been trading in the 1.20 - 1.94 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
LOOP has an average volume of 1786580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
LOOP Weekly chart
LOOP Daily chart
Setup Rating and Analysis

2

The technical rating of LOOP is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

1.24

1.98

We found 1 important support area.

  • Support @1.25 from a horizontal line in the daily time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 1.83 to 1.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @1.96 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.14
Mansfield-3.91
10 Day High1.94
10 Day Low1.2
20 Day High1.94
20 Day Low1.2
52 Week High4.15
52 Week Low1.17
Performance
1 Week23.08%
2 Weeks15.52%
1 Month23.08%
3 Month-0.62%
6 Month-28.89%
12 Month-59.08%
2 Year-33.05%
3 Year-86.96%
5 Year-83.84%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)57.81
LBB1.06
UBB1.79
LOOP Daily chart

LOOP INDUSTRIES INC

NASDAQ:LOOP (12/18/2024, 2:00:15 PM)

1.26

-0.34 (-21.25%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-21.25%
1 Week23.08%
2 Weeks15.52%
1 Month23.08%
3 Month-0.62%
6 Month-28.89%
12 Month-59.08%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.17
ATR(20)%9.16%
ATR Inc
Range Today0.4
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.94
10 Day Low1.2
20 Day High1.94
20 Day Low1.2
52 Week High4.15
52 Week Low1.17
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume991.15K
Volume Incr29747.89%
Vol(5)17.50M
Vol(50)1.79M