NASDAQ:METX - KYG6055H1552 - Common Stock
Taking everything into account, METX scores 0 out of 10 in our technical rating. METX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, METX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for METX in the last couple of days, which is a good sign.
1.77
We found 1 important support area.
When analyzing the resistance we notice 5 important areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for METX is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for METX is down. |
ChartMill Relative Strength | 5.33 | NEGATIVE | METX has a low relative strength, it was outperformed by 94.67% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of METX is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of METX is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of METX is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 43.36 | NEUTRAL | The RSI value for METX is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests METX has a positive trend. |
Stochastics (14,3) | 20 | NEUTRAL | The Stochastics value for METX is a neutral value. |
Average True Range in percent/ATR (20) | 13.3 | HIGH VOLATILITY | The high ATR as a percentage value for METX suggests high volalility. |
Average Directional Index/ADX (14) | 13.59 | NEGATIVE | The low ADX value for METX suggests a weak or negative trend. |
NASDAQ:METX (9/28/2023, 8:00:13 PM)
2.03
+0.17 (+9.14%)