Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB)
Bull Market Weakness (+75) - AAPB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AAPB as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid AAPB?
MarketClub looks at technical strength and momentum to determine if the timing is right for AAPB.
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 AAPB
The long-term trend has been DOWN since Jan 2nd, 2024 at 21.4912
The intermediate-term trend has been UP since May 3rd, 2024 at 18.8457
The short-term trend has been UP since May 3rd, 2024 at 18.0057
Smart Scan Analysis for AAPB
Based on our trend formula, AAPB is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.530 | 19.590 | 19.290 | 19.555 | +0.105 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.450 | 58969 | 2024-05-08 15:58:11 |
| 52wk High | 30.16 | 52wk High Date | 2023-07-19 |
| 52wk Low | 15.91 | 52wk Low Date | 2024-04-19 |
| Average Volume | 212,480 |