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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 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.

NASDAQ_AMDL
Open High Low AMDL Price Change
8.54 8.57 8.19 8.38 +0.20
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 up The short-term trend has been UP since Dec 24th, 2024 at 8.40

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).

-75
Smart Scan Analysis for AMDL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.54 8.57 8.19 8.38 +0.20
Prev. Close Volume Bid Ask Time
8.40 8242236 2024-12-24 12:59:42
52wk High25.6252wk High Date2024-03-18
52wk Low7.3452wk Low Date2024-12-20
Average Volume7,866,087
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