Predict the stock price of METX tomorrow?
7/30/2025 10:34am
The stock price of METX (Mannatech) is predicted to experience a **bearish trend** tomorrow, August 12, 2025, based on the following analysis:
1. **Current Trend**: The stock is in a **bearish trend**, which has lasted for 35 days. The probability of this trend continuing is 56%, with 26 days showing a clear bearish trend and 9 days of unclear movement.
2. **Support and Resistance Levels**: The stock is positioned **between narrow support and narrow resistance levels**, with the current price trend being **bearish**. The support level is at $7.58, the narrow resistance level is at $9.02, and the wide resistance level is at $9.5.
3. **Price Forecast**: The forecasted price for METX for August 12, 2025, is $8.08, with a 34% confidence interval ranging from $7.63 to $8.3. The unconditioned trend analysis suggests a 70% probability of the stock price being below $7.38, indicating a bearish outlook.
In conclusion, the combination of the bearish trend, the stock's positioning between support and resistance levels, and the price forecast all suggest that METX is likely to experience a bearish movement tomorrow, August 12, 2025.