Stock Trend Analysis Report
Prepared for you on Monday, September 21, 2020.
Metalex Ventures Ltd (CDNX:MTX)
Sidelines Mode (-55) - MTX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MTX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MTX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MTX
The long-term trend has been UP since May 27th, 2020 at 0.025
The intermediate-term trend has been DOWN since Sep 4th, 2020 at 0.045
The short-term trend has been UP since Sep 15th, 2020 at 0.045
Smart Scan Analysis for MTX
Based on our trend formula, MTX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.07||Year High Date||2018-01-05|
|Year Low||0.02||Year Low Date||2018-06-29|
|52wk High||0.095||52wk High Date||2017-12-01|
|52wk Low||0.02||52wk Low Date||2018-06-29|
|Year End Close||0.19||Average Volume||30,965|