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Stock Trend Analysis Report

Prepared for you on Tuesday, December 10, 2024.

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

Strong Downtrend (-100) - AMDL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, AMDL continues to fall. Traders should use caution and set stops.

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
9.8300 9.8300 8.9900 9.1299 -1.1201
Entry Signal

MarketClub’s Trade Triangles for AMDL

long term down The long-term trend has been DOWN since Mar 20th, 2024 at 22.25

intermediate term down The intermediate-term trend has been DOWN since Oct 15th, 2024 at 13.53

short term down The short-term trend has been DOWN since Dec 6th, 2024 at 10.53

Smart Scan Analysis for AMDL

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

-100
Smart Scan Analysis for AMDL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.8300 9.8300 8.9900 9.1299 -1.1201
Prev. Close Volume Bid Ask Time
9.1300 10208689 2024-12-09 15:59:58
52wk High25.6252wk High Date2024-03-18
52wk Low8.7452wk Low Date2024-08-05
Average Volume4,553,820
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