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(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.

10 day averaged volume of Loop Industries is 32450

Date Daily Closing Price Open High Low Volume
22 Fri Nov 2024 1.41 1.34 1.42 1.29 0.82 times
21 Thu Nov 2024 1.32 1.26 1.32 1.26 0.746 times
20 Wed Nov 2024 1.25 1.28 1.31 1.21 1.307 times
19 Tue Nov 2024 1.30 1.30 1.32 1.28 1.498 times
18 Mon Nov 2024 1.30 1.30 1.32 1.26 0.851 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1.4, but if it comes below 1.4, then a intra day sell could be more profitable.
If you take a sell trade below 1.4, then use 1.4 as stoploss and 1.32 as target. However if you take a buy trade in stock , then use 1.4 as stoploss and 1.5 as target.

Share price targets for Loop Industries (LOOP)

Target Type Value
Downside Target 1.17
Downside Target 1.20
Downside Target 1.24
Downside Target 1.28
Downside Target 1.35
Upside Target 1.42
Upside Target 1.55
Upside Target 1.60
Upside Target 1.90
Upside Target 1.97
Upside Target 2.00
Upside Target 2.20

Intraday share price targets for Loop Industries (LOOP)

Target Type Value
Downside Intraday Target 1.27
Downside Intraday Target 1.14
Upside Intraday Target 1.48
Upside Intraday Target 1.56
Downside Intraday Target 1.35

Weekly technical analysis of Loop Industries (LOOP)

Date Weekly Closing Price Open High Low Volume
22 Fri Nov 2024 1.41 1.30 1.42 1.21 1.092 times
15 Fri Nov 2024 1.25 1.31 1.42 1.20 1.534 times
08 Fri Nov 2024 1.31 1.28 1.35 1.24 0.781 times
01 Fri Nov 2024 1.31 1.33 1.55 1.30 0.987 times
25 Fri Oct 2024 1.31 1.60 1.60 1.28 0.686 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
22 Fri Nov 2024 1.41 1.31 1.42 1.20 0.811 times
31 Thu Oct 2024 1.32 1.80 1.90 1.28 1.163 times
30 Mon Sep 2024 1.84 1.57 2.00 1.31 0.813 times
30 Fri Aug 2024 1.63 1.94 1.97 1.17 0.674 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 67, 56, 9 Buy
MACD -0, -0Buy
Stochastics 58None
CCI 192Buy
RSI 55Buy
OBV -24400Sell
VWAP 1Buy
ADL 0Sell
ROC 8Buy
Force Index 0Sell

Price action analysis of Loop Industries ( (LOOP) ) based on a short term time period is

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 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 mid to longer 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.

ADX buy sell signal for Loop Industries stock for short term is BUY. Signal strength is Weak and stock is gaining 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 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1.3 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.

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