Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Monday, July 22, 2024.

Nasdaq Sprott Energy Transition Materials Select Index (NASDAQ:METAL)

Weak Uptrend (+65) - METAL is showing signs of weakening momentum to the upside. Monitor METAL as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid METAL?

MarketClub looks at technical strength and momentum to determine if the timing is right for METAL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_METAL
Open High Low METAL Price Change
1048.93 1052.13 1040.42 1048.04 -4.77
Entry Signal

MarketClub’s Trade Triangles for METAL

long term up The long-term trend has been UP since Apr 3rd, 2024 at 1069.23

intermediate term up The intermediate-term trend has been UP since Jul 10th, 2024 at 1098.71

short term down The short-term trend has been DOWN since Jul 16th, 2024 at 1107.17

Smart Scan Analysis for METAL

Based on our trend formula, METAL is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for METAL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1048.93 1052.13 1040.42 1048.04 -4.77
Prev. Close Volume Bid Ask Time
1052.81 0 2024-07-22 11:05:00
Get a free daily analysis and signals for Nasdaq Sprott Energy Transition Materials Select Index (METAL) - Request Your Free Report.