Stock Trend Analysis Report
Prepared for you on Thursday, April 22, 2021.
Loop Industries, Inc (NASDAQ:LOOP)
Bear Market Rally (-75) - LOOP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on LOOP as it may be in the beginning of a reversal.
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 DOWN since Oct 13th, 2020 at 8.80
The intermediate-term trend has been UP since Apr 14th, 2021 at 8.89
The short-term trend has been DOWN since Apr 16th, 2021 at 8.17
Smart Scan Analysis for LOOP
Based on our trend formula, LOOP is rated as a -75 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||13.96||52wk High Date||2020-09-16|
|52wk Low||5.7||52wk Low Date||2020-10-29|
|Average Volume||154,740||Shares Outstanding||42,414|