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Index Trend Analysis Report

Prepared for you on Thursday, May 30, 2024.

Nasdaq Sprott Energy Transition Materials Select Total Return AUD Index (NASDAQ:METALATR)

Sidelines Mode (+55) - METALATR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

NASDAQ_METALATR
Open High Low METALATR Price Change
1177.86 1178.80 1172.65 1174.65 -8.88
Entry Signal

MarketClub’s Trade Triangles for METALATR

long term up The long-term trend has been UP since Apr 1st, 2024 at 1052.36

intermediate term up The intermediate-term trend has been UP since Feb 29th, 2024 at 965.09

short term down The short-term trend has been DOWN since May 30th, 2024 at 1180.13

Smart Scan Analysis for METALATR

Based on our trend formula, METALATR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for METALATR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1177.86 1178.80 1172.65 1174.65 -8.88
Prev. Close Volume Bid Ask Time
1183.53 0 2024-05-30 05:09:00
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