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Loop Industries, Inc.

LOOP Technical Analysis Summary (NASDAQ)

Analyze LOOP on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

LOOP●NASDAQ
Basic MaterialsChemicals - Specialty
$0.66
$0.009(1.33%)
U.S. Market opens in 14h 50m

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 (NASDAQ)

Loop Industries, Inc. (NASDAQ: LOOP) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 33.96)
Trend Strength:Weak (ADX: 14.89)
Volatility:High (ATR: 0.08)
Support/Resistance:$0.61 – $0.87 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 33.96

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 6.98

Bullish
Oversold zone signals rebound potential.

Williams %R: -89.36

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -21.01

Strongly Bearish
Sharp downside momentum.

Takeaway:Loop Industries, Inc. shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.06

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 14.89

Weak
Weak trend, market trading sideways.

ATR (14): 0.08

Low
Low volatility, stable price action.

CCI (14): -129.84

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.87
Middle Band (SMA 20)
$0.74
Lower Band
$0.61
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$0.89
Middle Line (EMA 20)
$0.74
Lower Channel
$0.58
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 Volume-1.30M
Money Flow Index27.16Bearish, selling pressure outweighs inflows.
Relative Vigor Index26.32Bearish, price momentum favors sellers.

Overall Takeaway:LOOP shows bearish money flow, with sellers dominating volume and vigor.

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

Bullish Signals

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

Bearish Signals

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.

(NASDAQ: LOOP) Technical Analysis FAQ