(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 2024-03-21 View latest technical analysis
10 day averaged volume of Loop Industries is 23850
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Thu Mar 2024 | 2.81 | 2.90 | 2.90 | 2.80 | 0.574 times |
| 20 Wed Mar 2024 | 2.90 | 2.72 | 2.90 | 2.72 | 2.885 times |
| 19 Tue Mar 2024 | 2.74 | 2.70 | 2.86 | 2.70 | 0.415 times |
| 18 Mon Mar 2024 | 2.68 | 2.73 | 2.90 | 2.68 | 1.56 times |
| 15 Fri Mar 2024 | 2.69 | 2.70 | 2.75 | 2.68 | 0.373 times |
| 14 Thu Mar 2024 | 2.74 | 2.65 | 2.75 | 2.64 | 0.549 times |
| 13 Wed Mar 2024 | 2.60 | 2.67 | 2.72 | 2.60 | 0.906 times |
| 12 Tue Mar 2024 | 2.72 | 2.76 | 2.82 | 2.71 | 0.876 times |
| 11 Mon Mar 2024 | 2.76 | 2.76 | 2.94 | 2.76 | 0.96 times |
| 08 Fri Mar 2024 | 2.84 | 2.90 | 3.01 | 2.84 | 0.801 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2.7 as stoploss in an intra day buy trade for a target of 2.94. However, stock will show a bearish move below 2.7.
Share price targets for Loop Industries (LOOP)
| Target Type | Value |
| Downside Target | 2.60 |
| Downside Target | 2.68 |
| Upside Target | 2.84 |
| Upside 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 | 2.69 |
| Downside Intraday Target | 2.58 |
| Upside Intraday Target | 2.91 |
| Upside Intraday Target | 3.02 |
| Downside Intraday Target | 2.8 |
Weekly technical analysis of Loop Industries (LOOP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Thu Mar 2024 | 2.81 | 2.73 | 2.90 | 2.68 | 1.483 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 |
| 21 Thu Mar 2024 | 2.81 | 3.17 | 3.17 | 2.60 | 0.662 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 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 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Loop Industries in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Loop Industries is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.77 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 falling down
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 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 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Loop Industries in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Loop Industries is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.77 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 falling down
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.