LOOP Stock Loop Industries (LOOP, $2.98) price may drop as it broke higher Bollinger Band on Apr 29, 2024

A.I.dvisor
at Tickeron.com
04/30/24
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LOOP - Loop Industries
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $2.98
Daily change: +$0.14 (+4.93%)
Daily volume: 8.4K
Capitalization: $141.6M
Industry: Chemicals: Specialty
This price move could be a signal that LOOP may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 49 similar cases where LOOP's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:
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LOOPDaily Signal changed days agoGain/Loss if shorted
 
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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