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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS)

Weak Uptrend (+65) - AMDS is showing signs of weakening momentum to the upside. Monitor AMDS as it may be in the beginning stages of a reversal.

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

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

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

NASDAQ_AMDS
Open High Low AMDS Price Change
13.5900 13.6400 13.4500 13.4759 -0.0641
Entry Signal

MarketClub’s Trade Triangles for AMDS

long term up The long-term trend has been UP since May 1st, 2024 at 14.4885

intermediate term up The intermediate-term trend has been UP since Mar 25th, 2024 at 12.2400

short term down The short-term trend has been DOWN since May 6th, 2024 at 13.8500

Smart Scan Analysis for AMDS

Based on our trend formula, AMDS is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for AMDS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.5900 13.6400 13.4500 13.4759 -0.0641
Prev. Close Volume Bid Ask Time
13.5400 5321 2024-05-08 10:17:05
52wk High28.321952wk High Date2023-10-26
52wk Low9.4852wk Low Date2024-03-08
Average Volume44,758
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