Stock Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
LOOP ENERGY INC (TSE:LPEN)
Countertrend Down (-85) - LPEN is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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 Sep 22nd, 2021 at 5.06
The short-term trend has been UP since Oct 22nd, 2021 at 4.69
Smart Scan Analysis for LPEN
Based on our trend formula, LPEN is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).