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Index Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

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

Weak Downtrend (-65) - METAL is showing signs of a strengthening downtrend. Monitor METAL as it may be building momentum to the downside.

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
963.40 979.55 961.19 970.37 -4.12
Entry Signal

MarketClub’s Trade Triangles for METAL

long term up The long-term trend has been UP since Oct 7th, 2024 at 1163.97

intermediate term down The intermediate-term trend has been DOWN since Dec 12th, 2024 at 1067.39

short term down The short-term trend has been DOWN since Dec 12th, 2024 at 1067.66

Smart Scan Analysis for METAL

Based on our trend formula, METAL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for METAL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
963.40 979.55 961.19 970.37 -4.12
Prev. Close Volume Bid Ask Time
970.37 0 2024-12-20 17:08:00
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