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Stock Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Loop Industries, Inc. (NASDAQ:LOOP)
Countertrend Down (-85) - LOOP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid LOOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for LOOP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for LOOP
The long-term trend has been DOWN since Feb 13th, 2024 at 2.96
The intermediate-term trend has been DOWN since Apr 10th, 2024 at 2.69
The short-term trend has been UP since Apr 15th, 2024 at 2.90
Smart Scan Analysis for LOOP
Based on our trend formula, LOOP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.7100 | 2.7978 | 2.6400 | 2.6400 | -0.0390 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.6790 | 5358 | 2024-04-18 15:08:35 |
| Year High | 19 | Year High Date | 2018-01-10 |
| Year Low | 7.2 | Year Low Date | 2018-11-12 |
| 52wk High | 4.7 | 52wk High Date | 2023-12-15 |
| 52wk Low | 2.59 | 52wk Low Date | 2023-08-24 |
| Average Volume | 35,934 | Shares Outstanding | 47,529 |
| Market Cap | 588M | Assets | 24,777,000M |
| Liabilities | 5,875,000M | Volatility | 67.26 |