Stock Trend Analysis Report
Prepared for you on Friday, July 10, 2020.
Loop Industries, Inc (NASDAQ:LOOP)
Crossroads (-60) - LOOP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 UP since Jun 9th, 2020 at 10.00
The intermediate-term trend has been DOWN since Jul 8th, 2020 at 8.86
The short-term trend has been DOWN since Jul 8th, 2020 at 8.87
Smart Scan Analysis for LOOP
Based on our trend formula, LOOP is rated as a -60 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||18.65||52wk High Date||2019-09-24|
|52wk Low||6.05||52wk Low Date||2020-03-24|
|Average Volume||41,541||Shares Outstanding||39,917|