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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 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.
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MarketClub’s Trade Triangles for LOOP
The long-term trend has been DOWN since Feb 13th, 2024 at 2.9600
The intermediate-term trend has been DOWN since Apr 10th, 2024 at 2.6900
The short-term trend has been DOWN since Jul 15th, 2024 at 2.0401
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.380 | 1.838 | 1.380 | 1.780 | +0.405 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.375 | 158934 | 2024-07-26 15:59:21 |
| 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 | 1.365 | 52wk Low Date | 2024-07-25 |
| Average Volume | 23,153 | Shares Outstanding | 47,539 |
| Market Cap | 588M | Assets | 18,742,000M |
| Liabilities | 9,474,000M | Volatility | 67.26 |