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Index Trend Analysis Report
Prepared for you on Friday, May 17, 2024.
Nasdaq Sprott Energy Transition Materials Select Total Return Index (NASDAQ:METALTR)
Long-Term Uptrend (+90) - METALTR is in a strong uptrend that is likely to continue. While METALTR 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 METALTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for METALTR.
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 METALTR
The long-term trend has been UP since Apr 3rd, 2024 at 1099.86
The intermediate-term trend has been UP since Mar 1st, 2024 at 976.81
The short-term trend has been UP since May 6th, 2024 at 1191.07
Smart Scan Analysis for METALTR
Based on our trend formula, METALTR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1235.60 | 1238.39 | 1234.66 | 1234.75 | +0.73 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1234.02 | 0 | 2024-05-17 04:25:00 |