Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL)
Bear Market Rally (-75) - AMDL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on AMDL as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for AMDL
The long-term trend has been DOWN since Mar 20th, 2024 at 22.25
The intermediate-term trend has been DOWN since Mar 20th, 2024 at 22.25
The short-term trend has been UP since May 6th, 2024 at 15.00
Smart Scan Analysis for AMDL
Based on our trend formula, AMDL is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 15.2000 | 15.5500 | 15.0200 | 15.5094 | +0.1094 |
| Prev. Close | Volume | Bid | Ask | Time |
| 15.4000 | 34885 | 2024-05-08 10:43:36 |
| 52wk High | 25.62 | 52wk High Date | 2024-03-18 |
| 52wk Low | 12.92 | 52wk Low Date | 2024-05-02 |
| Average Volume | 466,545 |