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Stock Trend Analysis Report
Prepared for you on Wednesday, October 4, 2023.
Loop Industries, Inc. (NASDAQ:LOOP)
Long-Term Uptrend (+90) - LOOP is in a strong uptrend that is likely to continue. While LOOP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Sep 18th, 2023 at 3.75
The intermediate-term trend has been UP since Sep 13th, 2023 at 3.19
The short-term trend has been UP since Oct 2nd, 2023 at 3.66
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 |
|---|---|---|---|---|
| 3.55 | 3.70 | 3.40 | 3.43 | -0.22 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.54 | 22403 | 2023-10-03 15:56:39 |
| Year High | 19 | Year High Date | 2018-01-10 |
| Year Low | 7.2 | Year Low Date | 2018-11-12 |
| 52wk High | 4.4369 | 52wk High Date | 2022-10-13 |
| 52wk Low | 1.845 | 52wk Low Date | 2023-03-24 |
| Average Volume | 38,432 | Shares Outstanding | 47,521 |
| Market Cap | 588M | Assets | 35,244,000M |
| Liabilities | 8,134,000M | Volatility | 67.26 |