LOOP INDUSTRIES INC (LOOP) Stock Technical Analysis
NASDAQ:LOOP - Nasdaq - US5435181046 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to LOOP. LOOP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, LOOP is a bad performer in the overall market: 81% of all stocks are doing better.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
LOOP is part of the Chemicals industry. There are 85 other stocks in this industry, LOOP did better than 46% of them.
LOOP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LOOP is lagging the market.
In the last month LOOP has a been trading in the 1.02 - 1.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of LOOP is bad and it also does not present a quality setup 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
0.89
1.74
3 important support areas can be observed.
- Support @1.19 from a horizontal line in the weekly time frame.
- Support @1.12 from a trend line in the daily time frame.
- Support @0.90 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.32 to 1.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.70 to 1.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for LOOP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LOOP is neutral. |
| ChartMill Relative Strength | 19.74 | NEGATIVE | LOOP has a low relative strength, it was outperformed by 80.26% 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) | UP | POSITIVE | The current price of LOOP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of LOOP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.8 | 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) | 53.92 | NEUTRAL | The Stochastics value for LOOP is a neutral value. |
| Average True Range in percent/ATR (20) | 10.41 | HIGH VOLATILITY | The high ATR as a percentage value for LOOP suggests high volalility. |
| Average Directional Index/ADX (14) | 29.46 | POSITIVE | The high ADX value value for LOOP suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:LOOP (7/18/2025, 8:00:01 PM)
1.31
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0%
1 Week8.26%
2 Weeks9.17%
1 Month-21.56%
3 Month18.02%
6 Month27.18%
12 Month-28.8%
2 Year-57.88%
3 Year-77.61%
5 Year-87.27%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%10.41%
ATR Inc-15.97%
Range Today0.11
ADR(20)0.13
ADR(20)%10.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.74
Mansfield-1.05
10 Day High1.41
10 Day Low1.05
20 Day High1.7
20 Day Low1.02
52 Week High2.29
52 Week Low0.85
CS1 End1.19
CR1 Start1.32
Volume & EV
DER(3)-4.28%
DER(5)0.41%
Volume59.90K
Volume Incr-65.83%
Vol(5)65.50K
Vol(50)223.37K