(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 2024-03-20 View latest technical analysis
10 day averaged volume of Loop Industries is 18580
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 2.90 | 2.72 | 2.90 | 2.72 | 3.703 times |
| 19 Tue Mar 2024 | 2.74 | 2.70 | 2.86 | 2.70 | 0.533 times |
| 18 Mon Mar 2024 | 2.68 | 2.73 | 2.90 | 2.68 | 2.002 times |
| 15 Fri Mar 2024 | 2.69 | 2.70 | 2.75 | 2.68 | 0.479 times |
| 14 Thu Mar 2024 | 2.74 | 2.65 | 2.75 | 2.64 | 0.705 times |
| 13 Wed Mar 2024 | 2.60 | 2.67 | 2.72 | 2.60 | 1.163 times |
| 12 Tue Mar 2024 | 2.72 | 2.76 | 2.82 | 2.71 | 1.125 times |
| 11 Mon Mar 2024 | 2.76 | 2.76 | 2.94 | 2.76 | 1.233 times |
| 08 Fri Mar 2024 | 2.84 | 2.90 | 3.01 | 2.84 | 1.028 times |
| 07 Thu Mar 2024 | 2.89 | 2.97 | 2.99 | 2.89 | 0.867 times |
Stock of Loop Industries (LOOP) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, and stock might move down till 2.7 or till 2.4. Use a stoploss of 2.96 and if the stock hits stoploss, then it can shoot up till 3.19
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 | 3.13 |
| Upside Target | 3.32 |
| Upside Target | 3.38 |
| Upside Target | 3.42 |
| Upside Target | 3.45 |
| Upside Target | 3.54 |
| Upside Target | 3.69 |
| Upside Target | 4.15 |
| Upside Target | 4.70 |
Intraday share price targets for Loop Industries (LOOP)
| Target Type | Value |
| Downside Intraday Target | 2.75 |
| Downside Intraday Target | 2.61 |
| Upside Intraday Target | 2.97 |
| Upside Intraday Target | 3.05 |
| Downside Intraday Target | 2.83 |
Weekly technical analysis of Loop Industries (LOOP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 2.90 | 2.73 | 2.90 | 2.68 | 1.326 times |
| 15 Fri Mar 2024 | 2.69 | 2.76 | 2.94 | 2.60 | 0.945 times |
| 08 Fri Mar 2024 | 2.84 | 3.09 | 3.13 | 2.84 | 1.159 times |
| 01 Fri Mar 2024 | 3.06 | 3.29 | 3.45 | 3.01 | 1.467 times |
| 23 Fri Feb 2024 | 3.25 | 2.89 | 3.32 | 2.70 | 0.65 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 |
| 20 Wed Mar 2024 | 2.90 | 3.17 | 3.17 | 2.60 | 0.634 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 |
| 29 Fri Dec 2023 | 3.78 | 3.52 | 4.70 | 3.38 | 0.852 times |
Scroll below to view daily charts
Price has moved down 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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Loop Industries ( (LOOP) ) based on a short to mid 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.
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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls 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 and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 has given negative 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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Loop Industries ( (LOOP) ) based on a short to mid 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.
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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls 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 and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 has given negative 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.