We assign a technical rating of 0 out of 10 to LOOP. LOOP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
LOOP has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.94
When analyzing the support we can see 2 important areas.
- Support @1.00 from a horizontal line in the weekly time frame.
- Support @0.95 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @1.69 from a trend line in the weekly time frame.
- Resistance @1.76 from a trend line in the daily time frame.
- Resistance @1.91 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for LOOP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LOOP is down. |
| ChartMill Relative Strength | 13.94 | NEGATIVE | LOOP has a low relative strength, it was outperformed by 86.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LOOP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LOOP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of LOOP is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.21 | NEUTRAL | The RSI value for LOOP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests LOOP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.89 | NEUTRAL | The Stochastics value for LOOP is a neutral value. |
| Average True Range in percent/ATR (20) | 9.74 | HIGH VOLATILITY | The high ATR as a percentage value for LOOP suggests high volalility. |
| Average Directional Index/ADX (14) | 34.06 | POSITIVE | The high ADX value value for LOOP suggests a strong trend. |
NASDAQ:LOOP (11/28/2025, 3:46:45 PM)
1.14
+0.04 (+3.64%)
LOOP INDUSTRIES INC / LOOP FAQ
Can you provide the ChartMill technical rating for LOOP INDUSTRIES INC?
ChartMill assigns a technical rating of 0 / 10 to LOOP.
What is the trend direction for LOOP stock?
The current trend direction for LOOP INDUSTRIES INC (LOOP) is Bearish.
Can you provide the RSI signal for LOOP INDUSTRIES INC?
LOOP INDUSTRIES INC (LOOP) has an RSI value of 39.2082. This indicates that the stock is currently neutral.
What is the short term momentum for LOOP INDUSTRIES INC (LOOP) stock?
The short term momentum for LOOP INDUSTRIES INC (LOOP) is negative.
Can you provide the buy/sell signal for LOOP INDUSTRIES INC?
The buy/sell signal for LOOP INDUSTRIES INC (LOOP) is sell as both the short term and long term trends are negative.