Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
GraniteShares 2x Long AMZN Daily ETF (NASDAQ:AMZZ)
Long-Term Uptrend (+90) - AMZZ is in a strong uptrend that is likely to continue. While AMZZ 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 AMZZ?
MarketClub looks at technical strength and momentum to determine if the timing is right for AMZZ.
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 AMZZ
The long-term trend has been UP since May 9th, 2024 at 29.38
The intermediate-term trend has been UP since May 9th, 2024 at 29.00
The short-term trend has been UP since Apr 26th, 2024 at 26.34
Smart Scan Analysis for AMZZ
Based on our trend formula, AMZZ is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 28.7500 | 29.5000 | 28.2803 | 29.1993 | +0.7148 |
| Prev. Close | Volume | Bid | Ask | Time |
| 28.4845 | 30515 | 2024-05-09 14:18:41 |
| 52wk High | 29.38 | 52wk High Date | 2024-04-11 |
| 52wk Low | 22.46 | 52wk Low Date | 2024-04-25 |
| Average Volume | 69,788 |