LOOP INDUSTRIES INC (LOOP) Stock Technical Analysis
USA - NASDAQ:LOOP - US5435181046 - Common Stock
We assign a technical rating of 3 out of 10 to LOOP. In the last year, LOOP was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
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
1.47
When analyzing the support we notice one important area.
- Support @1.48 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 1.52 to 1.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.65 to 1.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.84 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 | UP | POSITIVE | The long term trend for LOOP is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LOOP is down. |
| ChartMill Relative Strength | 62.85 | NEUTRAL | LOOP is not amongst the best or worst performers 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 | MIXED | The current price of LOOP is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LOOP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.92 | NEUTRAL | The RSI value for LOOP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests LOOP has a negative trend. |
| Stochastics (14,3) | 21.35 | NEUTRAL | The Stochastics value for LOOP is a neutral value. |
| Average True Range in percent/ATR (20) | 9.89 | HIGH VOLATILITY | The high ATR as a percentage value for LOOP suggests high volalility. |
| Average Directional Index/ADX (14) | 17.12 | NEGATIVE | The low ADX value for LOOP suggests a weak or negative trend. |
NASDAQ:LOOP (11/7/2025, 1:15:40 PM)
1.52
-0.01 (-0.65%)
LOOP INDUSTRIES INC / LOOP FAQ
Can you provide the ChartMill technical rating for LOOP INDUSTRIES INC?
ChartMill assigns a technical rating of 3 / 10 to LOOP.
What is the trend direction for LOOP stock?
The current trend direction for LOOP INDUSTRIES INC (LOOP) is Bullish.
Can you provide the RSI signal for LOOP INDUSTRIES INC?
LOOP INDUSTRIES INC (LOOP) has an RSI value of 42.9237. 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 hold as the short term and long term trends are mixed.