Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Saturday, September 7, 2024.
Direxion Daily META Bull 2X Shares (NASDAQ:METU)
Strong Downtrend (-100) - METU is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, METU continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid METU?
MarketClub looks at technical strength and momentum to determine if the timing is right for METU.
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 METU
The long-term trend has been DOWN since Jul 12th, 2024 at 26.358
The intermediate-term trend has been DOWN since Sep 3rd, 2024 at 27.133
The short-term trend has been DOWN since Aug 23rd, 2024 at 28.866
Smart Scan Analysis for METU
Based on our trend formula, METU is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 27.695 | 28.487 | 25.699 | 25.915 | -1.803 |
| Prev. Close | Volume | Bid | Ask | Time |
| 25.900 | 0 | 2024-09-06 16:26:49 |
| 52wk High | 31.802 | 52wk High Date | 2024-07-08 |
| 52wk Low | 20.85 | 52wk Low Date | 2024-07-25 |
| Average Volume | 184,990 |