LOOP INDUSTRIES INC (LOOP) Stock Technical Analysis
NASDAQ:LOOP - US5435181046 - Common Stock
1.49 USD
-0.04 (-2.61%)
We assign a technical rating of 4 out of 10 to LOOP. In the last year, LOOP was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When compared to the yearly performance of all other stocks, LOOP outperforms 45% of them, which is more or less in line with the market.
LOOP is part of the Chemicals industry. There are 83 other stocks in this industry, LOOP did better than 58% 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 1.39 - 1.75 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 has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.53. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.46, 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.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.27
1.76
4 important support areas can be observed.
- A support zone ranging from 1.42 to 1.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.39 from a horizontal line in the daily time frame.
- Support @1.32 from a trend line in the weekly time frame.
- Support @1.28 from a trend line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 1.53 to 1.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.60 from a trend line in the weekly time frame.
- Resistance @1.63 from a horizontal line in the weekly time frame.
- Resistance @1.70 from a trend line in the daily time frame.
- Resistance @1.74 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for LOOP is neutral. |
| ChartMill Relative Strength | 45.83 | 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) | DOWN | MIXED | The current price of LOOP is above a declining 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) | 49.68 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 42.65 | NEUTRAL | The Stochastics value for LOOP is a neutral value. |
| Average True Range in percent/ATR (20) | 6.82 | HIGH VOLATILITY | The high ATR as a percentage value for LOOP suggests high volalility. |
| Average Directional Index/ADX (14) | 13.53 | NEGATIVE | The low ADX value for LOOP suggests a weak or negative 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 (8/29/2025, 8:00:00 PM)
1.49
-0.04 (-2.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-2.61%
1 Week1.36%
2 Weeks-3.87%
1 Month-2.61%
3 Month14.62%
6 Month12.03%
12 Month-8.42%
2 Year-46.98%
3 Year-72.2%
5 Year-86.48%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%6.82%
ATR Inc-36.83%
Range Today0.04
ADR(20)0.1
ADR(20)%6.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.83
Mansfield0.19
10 Day High1.61
10 Day Low1.39
20 Day High1.75
20 Day Low1.39
52 Week High2.29
52 Week Low0.85
CS1 End1.46
CR1 Start1.53
Volume & EV
DER(3)3.4%
DER(5)2.68%
Volume18.10K
Volume Incr-80.69%
Vol(5)57.78K
Vol(50)313.88K