LOOP Stock Loop Industries (LOOP, $2.8) Moving Average Convergence Divergence (MACD) Histogram turned negative on May 15, 2024

A.I.dvisor
at Tickeron.com
05/16/24
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LOOP - Loop Industries
MACD signal
Bearish Trend
Odds of DOWN Trend
MACD signal
Price: $2.8
Daily change: -$0.01 (-0.36%)
Daily volume: 7.6K
Industry: Chemicals: Specialty
This is a Bearish indicator signaling LOOP's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 38 similar cases where LOOP's MACD histogram became negative, and of them led to successful outcomes. Odds of Success:
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General Information

a manufacturer of purified terephthalic acid and ethylene glycol, the fundamental chemical components used in the manufacturing of polyethylene terephthalate plastic

Industry ChemicalsSpecialty

Profile
Fundamentals
Details
Industry
Specialty Telecommunications
Address
480 Fernand-Poitras
Phone
+1 450 951-8555
Employees
75
Web
http://www.loopindustries.com