Advertisement

Meyka AI - Contribute to AI-powered stock and crypto research platform
Meyka Stock Market API - Real-time financial data and AI insights for developers
Advertise on Meyka - Reach investors and traders across 10 global markets
Loading...

Loop Industries, Inc.

LOOP•NASDAQ
Basic Materials
Chemicals - Specialty
$1.30
$-0.08(-5.80%)
U.S. Market opens in 14h 24m

Loop Industries, Inc. (LOOP) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Loop Industries, Inc. (NASDAQ:LOOP).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

LOOP Technical Analysis Summary

Loop Industries, Inc. stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 77.88)
Trend Strength:Moderate (ADX: 20.71)
Volatility:High (ATR: 0.07)
Support/Resistance:$1.25 – $1.38 (Bollinger Bands)

This mix signals that Loop Industries, Inc. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 77.88

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 86.60

Bearish
Overbought levels may trigger pullback.

Williams %R: -11.11

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 10.00

Strongly Bullish
Strong upside momentum.

Takeaway:Loop Industries, Inc. shows overheated momentum, with risk of near-term pullback.

Trend & Volatility

MACD: 0.04

Bullish
Bullish, trend momentum is strengthening.

ADX: 20.71

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.07

Low
Low volatility, stable price action.

CCI (14): 307.97

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Loop Industries, Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.38
Middle Band (SMA 20)
$1.31
Lower Band
$1.25
Current Position
Within Bands

Takeaway:Loop Industries, Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$1.45
Middle Line (EMA 20)
$1.31
Lower Channel
$1.17
Squeeze Status
Squeeze On

Takeaway:Loop Industries, Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume235.86K
Money Flow Index66.22Bullish, inflows support continued momentum.
Relative Vigor Index56.76Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:LOOP shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Loop Industries, Inc., here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Loop Industries, Inc. are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ