Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Direxion Daily META Bear 1X Shares (NASDAQ:METD)
Crossroads (+60) - METD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
|
|||||||||||||||
|
|||||||||||||||
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 UP since Oct 23rd, 2024 at 20.744
The short-term trend has been UP since Nov 13th, 2024 at 20.332
Smart Scan Analysis for METD
Based on our trend formula, METD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 20.907 | 21.162 | 20.714 | 20.742 | -0.161 |
| Prev. Close | Volume | Bid | Ask | Time |
| 20.740 | 0 | 2024-11-20 16:29:57 |
| 52wk High | 26.62 | 52wk High Date | 2024-07-25 |
| 52wk Low | 19.46 | 52wk Low Date | 2024-10-07 |
| Average Volume | 66,361 |