Technical Analysis for LOOP - Loop Industries, Inc.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Down | Down | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Narrow Range Bar | Range Contraction | -3.69% | |
| Inside Day | Range Contraction | -3.69% | |
| MACD Bullish Signal Line Cross | Bullish | -3.69% | |
| Gapped Up | Strength | -3.69% | |
| Oversold Stochastic | Weakness | -3.69% | |
| NR7 | Range Contraction | 0.15% | |
| Narrow Range Bar | Range Contraction | 0.15% | |
| Inside Day | Range Contraction | 0.15% | |
| Oversold Stochastic | Weakness | 0.15% | |
| New 52 Week Closing Low | Bearish | 0.16% |
| Alert | Time |
|---|---|
| 10 DMA Resistance | about 19 hours ago |
| 2x Volume Pace | about 19 hours ago |
| 1.5x Volume Pace | about 19 hours ago |
| Down 5% | about 19 hours ago |
| Down 3% | about 19 hours ago |
Free Daily (Stock) Chart Reading
- Earnings date: 10/14/2024
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: Chemical Acid Plastic Recycling Organic Compounds Commodity Chemicals Pet Carpet Thermoplastic Water Conservation Landfill Polyethylene Dielectric Industrial Waste Polyethylene Terephthalate Terephthalic Acid Waste Plastics
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 4.7 |
| 52 Week Low | 1.17 |
| Average Volume | 27,880 |
| 200-Day Moving Average | 2.18 |
| 50-Day Moving Average | 1.52 |
| 20-Day Moving Average | 1.32 |
| 10-Day Moving Average | 1.29 |
| Average True Range | 0.09 |
| RSI (14) | 38.65 |
| ADX | 29.33 |
| +DI | 17.75 |
| -DI | 29.94 |
| Chandelier Exit (Long, 3 ATRs) | 1.30 |
| Chandelier Exit (Short, 3 ATRs) | 1.48 |
| Upper Bollinger Bands | 1.46 |
| Lower Bollinger Band | 1.19 |
| Percent B (%b) | 0.24 |
| BandWidth | 20.22 |
| MACD Line | -0.08 |
| MACD Signal Line | -0.08 |
| MACD Histogram | 0.006 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 1.40 | ||||
| Resistance 3 (R3) | 1.40 | 1.36 | 1.38 | ||
| Resistance 2 (R2) | 1.36 | 1.32 | 1.36 | 1.37 | |
| Resistance 1 (R1) | 1.30 | 1.30 | 1.28 | 1.30 | 1.36 |
| Pivot Point | 1.26 | 1.26 | 1.25 | 1.26 | 1.26 |
| Support 1 (S1) | 1.20 | 1.22 | 1.18 | 1.20 | 1.14 |
| Support 2 (S2) | 1.16 | 1.20 | 1.16 | 1.14 | |
| Support 3 (S3) | 1.10 | 1.16 | 1.13 | ||
| Support 4 (S4) | 1.10 |
