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Index Trend Analysis Report
Prepared for you on Monday, January 13, 2025.
Nasdaq Sprott Energy Transition Materials Select Index (NASDAQ:METAL)
Sidelines Mode (-50) - METAL is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until METAL can gain momentum.
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.
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MarketClub’s Trade Triangles for METAL
The long-term trend has been UP since Oct 7th, 2024 at 1163.97
The intermediate-term trend has been DOWN since Dec 12th, 2024 at 1067.39
The short-term trend has been DOWN since Jan 13th, 2025 at 1006.10
Smart Scan Analysis for METAL
Based on our trend formula, METAL is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1008.82 | 1009.96 | 991.03 | 995.16 | -12.54 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1007.70 | 0 | 2025-01-13 16:15:00 |