Stock Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
Loop Industries, Inc. (NASDAQ:LOOP)
Strong Uptrend (+100) - LOOP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, LOOP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for LOOP
The long-term trend has been UP since Jun 3rd, 2021 at 9.84
The intermediate-term trend has been UP since Sep 2nd, 2021 at 10.55
The short-term trend has been UP since Oct 7th, 2021 at 11.72
Smart Scan Analysis for LOOP
Based on our trend formula, LOOP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||19||Year High Date||2018-01-10|
|Year Low||7.2||Year Low Date||2018-11-12|
|52wk High||18.2||52wk High Date||2021-06-23|
|52wk Low||5.7||52wk Low Date||2020-10-29|
|Average Volume||100,117||Shares Outstanding||47,160|