We assign a technical rating of 2 out of 10 to LOOP. In the past year, LOOP was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
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
We found 1 important support area.
- Support @0.90 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.15 to 1.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.56 from a trend line in the weekly 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 | UP | POSITIVE | The short term trend for LOOP is up. |
| ChartMill Relative Strength | 14.99 | NEGATIVE | LOOP has a low relative strength, it was outperformed by 85.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LOOP is above the rising 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) | DOWN | NEGATIVE | The current price of LOOP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.84 | NEUTRAL | The RSI value for LOOP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests LOOP has a positive trend. |
| Stochastics (14,3) | 84.71 | OVERBOUGHT | The high Stochastics value suggests LOOP may be overbought. |
| Average True Range in percent/ATR (20) | 5.41 | HIGH VOLATILITY | The high ATR as a percentage value for LOOP suggests high volalility. |
| Average Directional Index/ADX (14) | 31.9 | POSITIVE | The high ADX value value for LOOP suggests a strong trend. |
NASDAQ:LOOP (1/9/2026, 8:00:00 PM)
1.14
+0.03 (+2.7%)
LOOP INDUSTRIES INC / LOOP FAQ
Can you provide the ChartMill technical rating for LOOP INDUSTRIES INC?
ChartMill assigns a technical rating of 2 / 10 to LOOP.
Can you provide the trend direction for LOOP INDUSTRIES INC?
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 57.8394. This indicates that the stock is currently neutral.
What is the short term momentum for LOOP stock?
The short term momentum for LOOP INDUSTRIES INC (LOOP) is positive.
What is the buy/sell signal for LOOP stock?
The buy/sell signal for LOOP INDUSTRIES INC (LOOP) is hold as the short term and long term trends are mixed.