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Loop Industries, Inc.

LOOPNASDAQ
Basic Materials
Chemicals - Specialty
$1.47
$-0.02(-1.68%)
U.S. Market is Open • 13:55

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 trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Bullish (RSI: 66.29)
Trend Strength:Weak (ADX: 17.91)
Volatility:High (ATR: 0.09)
Support/Resistance:$1.24 – $1.47 (Bollinger Bands)

Technical conditions suggest Loop Industries, Inc. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 66.29

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 89.07

Bearish
Overbought levels may trigger pullback.

Williams %R: -16.13

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 7.97

Strongly Bullish
Strong upside momentum.

Takeaway:Loop Industries, Inc. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.04

Bullish
Bullish, trend momentum is strengthening.

ADX: 17.91

Weak
Weak trend, market trading sideways.

ATR (14): 0.09

Low
Low volatility, stable price action.

CCI (14): 195.86

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Loop Industries, Inc. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.47
Middle Band (SMA 20)
$1.36
Lower Band
$1.24
Current Position
Within Bands

Takeaway:Loop Industries, Inc. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$1.55
Middle Line (EMA 20)
$1.37
Lower Channel
$1.18
Squeeze Status
Squeeze On

Takeaway:Loop Industries, Inc. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume894.68K
Money Flow Index88.24Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index44.49Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:LOOP shows mixed signals in money flow analysis.

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.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

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

Technical Analysis FAQ