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Stock Trend Analysis Report

Prepared for you on Friday, May 24, 2024.

Direxion Daily AMZN Bear 1X Shares (NASDAQ:AMZD)

Weak Downtrend (-65) - AMZD is showing signs of a strengthening downtrend. Monitor AMZD as it may be building momentum to the downside.

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

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

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

NASDAQ_AMZD
Open High Low AMZD Price Change
14.50 14.53 14.45 14.48 -0.07
Entry Signal

MarketClub’s Trade Triangles for AMZD

long term down The long-term trend has been DOWN since Nov 7th, 2023 at 18.850

intermediate term down The intermediate-term trend has been DOWN since May 6th, 2024 at 13.929

short term up The short-term trend has been UP since May 13th, 2024 at 14.069

Smart Scan Analysis for AMZD

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

-65
Smart Scan Analysis for AMZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.50 14.53 14.45 14.48 -0.07
Prev. Close Volume Bid Ask Time
14.55 9842 2024-05-24 13:48:21
52wk High24.4152wk High Date2023-05-25
52wk Low13.6952wk Low Date2024-05-09
Average Volume84,682
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