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Stock Trend Analysis Report
Prepared for you on Sunday, October 6, 2024.
Direxion Daily META Bear 1X Shares (NASDAQ:METD)
Strong Downtrend (-100) - METD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, METD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid METD?
MarketClub looks at technical strength and momentum to determine if the timing is right for METD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for METD
The long-term trend has been DOWN since Aug 15th, 2024 at 21.971
The intermediate-term trend has been DOWN since Sep 16th, 2024 at 22.326
The short-term trend has been DOWN since Sep 12th, 2024 at 22.986
Smart Scan Analysis for METD
Based on our trend formula, METD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 20.124 | 20.162 | 19.647 | 19.670 | -0.441 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.690 | 0 | 2024-10-04 16:29:45 |
| 52wk High | 26.62 | 52wk High Date | 2024-07-25 |
| 52wk Low | 20.1 | 52wk Low Date | 2024-10-03 |
| Average Volume | 48,998 |