LOOP INDUSTRIES INC (LOOP) Stock Technical Analysis
NASDAQ:LOOP - Nasdaq - US5435181046 - Common Stock - Currency: USD
Taking everything into account, LOOP scores 8 out of 10 in our technical rating. Although LOOP is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
In the last month LOOP has a been trading in the 1.00 - 2.29 range, which is quite wide. It is currently trading near the lows of this range.
The long and short term trends are both positive. This is looking good!
LOOP is one of the better performing stocks in the Chemicals industry, it outperforms 71% of 85 stocks in the same industry.
When compared to the yearly performance of all other stocks, LOOP outperforms 61% of them, which is more or less in line with the market.
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.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, LOOP also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
0.89
1.77
When analyzing the support we notice one important 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 1.51 to 1.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.65 from a trend line in the daily time frame.
- A resistance zone ranging from 1.72 to 1.75. 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 | UP | POSITIVE | The long term trend for LOOP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LOOP is up. |
| ChartMill Relative Strength | 61.49 | NEUTRAL | LOOP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LOOP is below the rising 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 | POSITIVE | The current price of LOOP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.47 | 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) | 37.48 | NEUTRAL | The Stochastics value for LOOP is a neutral value. |
| Average True Range in percent/ATR (20) | 11.43 | HIGH VOLATILITY | The high ATR as a percentage value for LOOP suggests high volalility. |
| Average Directional Index/ADX (14) | 52.38 | 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 (6/26/2025, 1:32:48 PM)
1.4773
-0.15 (-9.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-9.37%
1 Week1.24%
2 Weeks-2.98%
1 Month45.54%
3 Month35.83%
6 Month29.37%
12 Month-22.01%
2 Year-49.22%
3 Year-57.99%
5 Year-81.89%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%11.43%
ATR Inc-61.1%
Range Today0.63
ADR(20)0.18
ADR(20)%12.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.49
Mansfield1.01
10 Day High1.76
10 Day Low1.48
20 Day High2.29
20 Day Low1
52 Week High2.29
52 Week Low0.85
CS1 End1.53
CR1 Start1.65
Volume & EV
DER(3)-3.11%
DER(5)-8.28%
Volume1.26M
Volume Incr-75.92%
Vol(5)87.38K
Vol(50)168.15K