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Stock Trend Analysis Report

Prepared for you on Tuesday, May 21, 2024.

GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL)

Crossroads (+60) - AMDL is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid AMDL?

MarketClub looks at technical strength and momentum to determine if the timing is right for AMDL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_AMDL
Open High Low AMDL Price Change
17.290 17.629 17.010 17.345 -0.415
Entry Signal

MarketClub’s Trade Triangles for AMDL

long term down The long-term trend has been DOWN since Mar 20th, 2024 at 22.2500

intermediate term up The intermediate-term trend has been UP since May 16th, 2024 at 17.3000

short term up The short-term trend has been UP since May 15th, 2024 at 15.7482

Smart Scan Analysis for AMDL

Based on our trend formula, AMDL is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for AMDL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.290 17.629 17.010 17.345 -0.415
Prev. Close Volume Bid Ask Time
17.760 339410 2024-05-21 15:59:48
52wk High25.6252wk High Date2024-03-18
52wk Low12.9252wk Low Date2024-05-02
Average Volume510,304
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