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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.

NASDAQ_METD
Open High Low METD Price Change
20.124 20.162 19.647 19.670 -0.441
Entry Signal

MarketClub’s Trade Triangles for METD

long term down The long-term trend has been DOWN since Aug 15th, 2024 at 21.971

intermediate term down The intermediate-term trend has been DOWN since Sep 16th, 2024 at 22.326

short term down 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).

-100
Smart Scan Analysis for METD
Strong Downtrend Sideways 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 High26.6252wk High Date2024-07-25
52wk Low20.152wk Low Date2024-10-03
Average Volume48,998
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