(LOOP) Loop Industries complete technical analysis [charts+indicators] | Buy/Sell Loop Industries | (LOOP) share price targets
Complete technical analysis of Loop Industries (LOOP) by charts plus indicators, forecast predictions and share price targets for Loop Industries (LOOP)
Loop Industries trades in USA in Basic Industries sector.
Showing technical analysis as on 2024-04-08 View latest technical analysis
10 day averaged volume of Loop Industries is 55070
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 2.98 | 3.00 | 3.00 | 2.92 | 0.082 times |
| 05 Fri Apr 2024 | 2.91 | 2.91 | 2.91 | 2.86 | 0.118 times |
| 04 Thu Apr 2024 | 2.95 | 3.00 | 3.00 | 2.90 | 0.183 times |
| 03 Wed Apr 2024 | 3.00 | 2.96 | 3.05 | 2.96 | 0.071 times |
| 02 Tue Apr 2024 | 3.00 | 2.91 | 3.00 | 2.91 | 0.55 times |
| 01 Mon Apr 2024 | 2.84 | 2.80 | 2.85 | 2.72 | 0.185 times |
| 28 Thu Mar 2024 | 2.80 | 2.73 | 2.84 | 2.70 | 0.487 times |
| 27 Wed Mar 2024 | 2.75 | 2.78 | 2.79 | 2.70 | 0.314 times |
| 26 Tue Mar 2024 | 2.80 | 2.75 | 2.84 | 2.71 | 2.971 times |
| 25 Mon Mar 2024 | 2.72 | 2.76 | 2.84 | 2.70 | 4.276 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2.9, but if it comes below 2.9, then a intra day sell could be more profitable.
If you take a sell trade below 2.9, then use 2.9 as stoploss and 2.81 as target. However if you take a buy trade in stock , then use 2.9 as stoploss and 3.1 as target.
Share price targets for Loop Industries (LOOP)
| Target Type | Value |
| Downside Target | 2.60 |
| Downside Target | 2.68 |
| Downside Target | 2.84 |
| Downside Target | 2.90 |
| Upside Target | 3.00 |
| Upside Target | 3.05 |
| Upside Target | 3.17 |
| Upside Target | 3.38 |
| Upside Target | 3.42 |
| Upside Target | 3.54 |
| Upside Target | 4.15 |
| Upside Target | 4.70 |
Intraday share price targets for Loop Industries (LOOP)
| Target Type | Value |
| Downside Intraday Target | 2.93 |
| Downside Intraday Target | 2.89 |
| Upside Intraday Target | 3.01 |
| Upside Intraday Target | 3.05 |
| Downside Intraday Target | 2.97 |
Weekly technical analysis of Loop Industries (LOOP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 2.98 | 3.00 | 3.00 | 2.92 | 0.074 times |
| 05 Fri Apr 2024 | 2.91 | 2.80 | 3.05 | 2.72 | 0.138 times |
| 28 Thu Mar 2024 | 2.80 | 2.76 | 2.84 | 2.70 | 2.517 times |
| 22 Fri Mar 2024 | 2.72 | 2.73 | 2.90 | 2.68 | 2.015 times |
| 15 Fri Mar 2024 | 2.69 | 2.76 | 2.94 | 2.60 | 0.945 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Loop Industries (LOOP)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 2.98 | 2.80 | 3.05 | 2.72 | 0.081 times |
| 28 Thu Mar 2024 | 2.80 | 3.17 | 3.17 | 2.60 | 1.686 times |
| 29 Thu Feb 2024 | 3.14 | 3.54 | 3.54 | 2.70 | 0.944 times |
| 31 Wed Jan 2024 | 3.52 | 3.73 | 4.15 | 3.42 | 0.869 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Loop Industries (LOOP)
Price action analysis of Loop Industries ( (LOOP) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Loop Industries ( (LOOP) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Loop Industries ( (LOOP) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Loop Industries ( (LOOP) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Loop Industries stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Loop Industries in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Loop Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Loop Industries in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Loop Industries is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.78 and Loop Industries (LOOP) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Loop Industries (LOOP) stock. Volume based technical analysis of Loop Industries (LOOP) stock is negative.
Loop Industries Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Loop Industries ( (LOOP) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Loop Industries ( (LOOP) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Loop Industries ( (LOOP) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Loop Industries ( (LOOP) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Loop Industries stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Loop Industries in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Loop Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Loop Industries in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Loop Industries is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.78 and Loop Industries (LOOP) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Loop Industries (LOOP) stock. Volume based technical analysis of Loop Industries (LOOP) stock is negative.
Loop Industries Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.