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Stock Trend Analysis Report

Prepared for you on Saturday, May 25, 2024.

Loop Industries, Inc. (NASDAQ:LOOP)

Long-Term Downtrend (-90) - LOOP is in a strong downtrend that is likely to continue. While LOOP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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.

NASDAQ_LOOP
Open High Low LOOP Price Change
2.8700 2.8700 2.7219 2.7500 -0.1100
Entry Signal

MarketClub’s Trade Triangles for LOOP

long term down The long-term trend has been DOWN since Feb 13th, 2024 at 2.96

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 2.69

short term down The short-term trend has been DOWN since May 22nd, 2024 at 2.67

Smart Scan Analysis for LOOP

Based on our trend formula, LOOP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for LOOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.8700 2.8700 2.7219 2.7500 -0.1100
Prev. Close Volume Bid Ask Time
2.8000 4020 2024-05-24 14:25:47
Year High19Year High Date2018-01-10
Year Low7.2Year Low Date2018-11-12
52wk High4.752wk High Date2023-12-15
52wk Low2.5852wk Low Date2024-04-19
Average Volume13,446Shares Outstanding47,529
Market Cap588MAssets24,777,000M
Liabilities5,875,000MVolatility67.26
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