Index Trend Analysis Report

Prepared for you on Wednesday, May 1, 2024.

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

Long-Term Uptrend (+90) - METALATR is in a strong uptrend that is likely to continue. While METALATR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

Open	High	Low	METALATR Price	Change
1155.92	1157.55	1155.58	1156.53	-1.25
Entry Signal

MarketClub’s Trade Triangles for METALATR

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

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

The short-term trend has been UP since Apr 26th, 2024 at 1131.05

Smart Scan Analysis for METALATR

Based on our trend formula, METALATR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
1155.92	1157.55	1155.58	1156.53	-1.25
Prev. Close	Volume	Bid	Ask	Time
1157.78	0			2024-05-01 05:00:00

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