LOOP INDUSTRIES INC (LOOP) Technical Analysis
NASDAQ:LOOP • US5435181046
Current stock price
LOOP Technical Rating and Analysis
Taking everything into account, LOOP scores 5 out of 10 in our technical rating. Although LOOP is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- Looking at the yearly performance, LOOP did better than 82% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- LOOP is part of the Chemicals industry. There are 83 other stocks in this industry, LOOP did better than 68% of them.
- LOOP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LOOP is lagging the market slightly.
- In the last month LOOP has a been trading in the 1.19 - 1.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
LOOP Weekly and Daily overview Charts
LOOP Setup Rating and Analysis
LOOP has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.29, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for LOOP in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
LOOP Support and Resistance Analysis
1.26
When analyzing the support we notice one important area.
- A support zone ranging from 1.27 to 1.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- Resistance @1.38 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 1.41 to 1.42. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @1.91 from a horizontal line in the weekly time frame.
LOOP Technical Indicator Signal Analysis
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 | 82.89 | POSITIVE | LOOP has a high relative strength, it outperformed 82.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LOOP is above 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) | UP | MIXED | The current price of LOOP is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.43 | 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) | 48.83 | NEUTRAL | The Stochastics value for LOOP is a neutral value. |
| Average True Range in percent/ATR (20) | 5.26 | HIGH VOLATILITY | The high ATR as a percentage value for LOOP suggests high volalility. |
| Average Directional Index/ADX (14) | 16.05 | NEGATIVE | The low ADX value for LOOP suggests a weak or negative trend. |
LOOP Chart- and CandleStick Pattern Analysis
LOOP Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:LOOP (3/18/2026, 4:00:00 PM)
1.35
+0.05 (+3.85%)
LOOP INDUSTRIES INC / LOOP TA FAQ
Can you provide the ChartMill technical rating for LOOP INDUSTRIES INC?
ChartMill assigns a technical rating of 5 / 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 50.4295. 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 neutral.