Stock Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
LOOP ENERGY INC (TSE:LPEN)
Long-Term Downtrend (-90) - LPEN is in a strong downtrend that is likely to continue. While LPEN 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 LPEN?
MarketClub looks at technical strength and momentum to determine if the timing is right for LPEN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LPEN
The long-term trend has been DOWN since Mar 3rd, 2021 at 15.90
The intermediate-term trend has been DOWN since Mar 3rd, 2021 at 15.90
The short-term trend has been DOWN since Apr 14th, 2021 at 11.91
Smart Scan Analysis for LPEN
Based on our trend formula, LPEN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).