Stock Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
METALS X ORD (NASDAQ:MLXEF)
Strong Downtrend (-100) - MLXEF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MLXEF continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MLXEF?
MarketClub looks at technical strength and momentum to determine if the timing is right for MLXEF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MLXEF
The long-term trend has been DOWN since Aug 22nd, 2023 at 0.170
The intermediate-term trend has been DOWN since Sep 25th, 2023 at 0.160
The short-term trend has been DOWN since Sep 25th, 2023 at 0.188
Smart Scan Analysis for MLXEF
Based on our trend formula, MLXEF is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.9579||Year High Date||2018-01-16|
|Year Low||0.2669||Year Low Date||2018-11-21|
|52wk High||0.335||52wk High Date||2023-01-23|
|52wk Low||0.1062||52wk Low Date||2023-09-25|