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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Direxion Daily META Bull 2X Shares (NASDAQ:METU)

Crossroads (-60) - METU 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 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.

NASDAQ_METU
Open High Low METU Price Change
30.668 31.438 30.267 31.408 +0.730
Entry Signal

MarketClub’s Trade Triangles for METU

long term up The long-term trend has been UP since Sep 19th, 2024 at 31.706

intermediate term down The intermediate-term trend has been DOWN since Oct 23rd, 2024 at 32.624

short term down The short-term trend has been DOWN since Nov 13th, 2024 at 33.319

Smart Scan Analysis for METU

Based on our trend formula, METU is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for METU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.668 31.438 30.267 31.408 +0.730
Prev. Close Volume Bid Ask Time
31.420 0 2024-11-19 16:29:54
52wk High37.0652wk High Date2024-10-07
52wk Low20.8552wk Low Date2024-07-25
Average Volume393,732
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