Technical Analysis for LOOP - Loop Industries, Inc.

Grade Last Price % Change Price Change
F 7.61 -1.81% -0.14
LOOP closed up 0.52 percent on Friday, May 14, 2021, on 38 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down
Historical LOOP trend table...

Date Alert Name Type % Chg
Bollinger Band Squeeze Range Contraction -1.81%
Lower Bollinger Band Walk Weakness -1.81%
BB Squeeze + Lower Band Touch Range Contraction -1.81%
Inside Day Range Contraction -1.81%
Lower Bollinger Band Touch Weakness -1.81%
Oversold Stochastic Weakness -1.81%
Bollinger Band Squeeze Range Contraction -1.30%
Lower Bollinger Band Walk Weakness -1.30%
Stochastic Reached Oversold Weakness -1.30%
BB Squeeze + Lower Band Touch Range Contraction -1.30%
Older End-of-Day Signals for LOOP ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 2 % 12 minutes ago
Down 1% 12 minutes ago
Up 1% 12 minutes ago
Fell Below Lower Bollinger Band 12 minutes ago
Fell Below Previous Day's Low 12 minutes ago
View Earlier Intraday Alerts

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Loop Industries, Inc. Description

Loop Industries, Inc., formerly First American Group Inc., is a manufacturer of Purified Terephthalic Acid (PTA) and Mono Ethylene Glycol (MEG), the chemical components used in manufacturing polyethylene terephthalate (PET). The Company is engaged in designing, prototyping and building a closed loop plastics recycling business using a de-polymerization technology. Its technology uses waste PET plastics, such as water bottles, soda bottles, consumer packaging, carpets and industrial waste as feedstock to process. These feedstocks are available through municipal triage centers, industrial recycling and landfill reclamation projects. The Company operates in the United States and Canada. The Company focuses on depolymerizing waste plastics and converts them into valuable chemicals, ready to be reintroduced into the manufacturing of virgin plastics.


Classification

Sector: Industrials
Industry: Waste Management
Keywords: Chemicals Acid Plastics Organic Compounds Recycling Commodity Chemicals Pets Landfill Carpet Polyethylene Water Conservation Dielectrics Thermoplastics Industrial Waste Polyethylene Terephthalate Terephthalic Acid

Is LOOP a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 13.96
52 Week Low 5.7
Average Volume 133,637
200-Day Moving Average 9.37
50-Day Moving Average 8.29
20-Day Moving Average 8.25
10-Day Moving Average 8.14
Average True Range 0.44
ADX 12.15
+DI 12.64
-DI 20.48
Chandelier Exit (Long, 3 ATRs ) 7.50
Chandelier Exit (Short, 3 ATRs ) 8.93
Upper Bollinger Band 8.76
Lower Bollinger Band 7.74
Percent B (%b) 0.01
BandWidth 12.36
MACD Line -0.15
MACD Signal Line -0.09
MACD Histogram -0.0588
Fundamentals Value
Market Cap 324.07 Million
Num Shares 41.8 Million
EPS -0.49
Price-to-Earnings (P/E) Ratio -15.69
Price-to-Sales 0.00
Price-to-Book 10.98
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.25
Resistance 3 (R3) 8.28 8.16 8.16
Resistance 2 (R2) 8.16 8.03 8.14 8.13
Resistance 1 (R1) 7.95 7.95 7.89 7.92 8.11
Pivot Point 7.83 7.83 7.80 7.81 7.83
Support 1 (S1) 7.62 7.70 7.56 7.59 7.39
Support 2 (S2) 7.50 7.62 7.48 7.37
Support 3 (S3) 7.29 7.50 7.34
Support 4 (S4) 7.26