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Index Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
Nasdaq Sprott Energy Transition Materials Select Index (NASDAQ:METAL)
Strong Uptrend (+100) - METAL is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, METAL continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in 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 UP since Sep 23rd, 2024 at 1038.34
The short-term trend has been UP since Oct 21st, 2024 at 1174.78
Smart Scan Analysis for METAL
Based on our trend formula, METAL is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1194.70 | 1195.20 | 1194.59 | 1194.78 | +0.88 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1178.57 | 0 | 2024-10-22 23:38:00 |