Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Direxion Daily AMZN Bear 1X Shares (NASDAQ:AMZD)
Bull Market Weakness (+75) - AMZD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AMZD as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for AMZD
The long-term trend has been DOWN since Nov 7th, 2023 at 18.850
The intermediate-term trend has been UP since Jul 18th, 2024 at 14.250
The short-term trend has been UP since Jul 25th, 2024 at 14.455
Smart Scan Analysis for AMZD
Based on our trend formula, AMZD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 14.4800 | 14.4800 | 14.2700 | 14.3437 | -0.1763 |
| Prev. Close | Volume | Bid | Ask | Time |
| 14.5200 | 13968 | 2024-07-26 15:15:10 |
| 52wk High | 22.56 | 52wk High Date | 2023-10-26 |
| 52wk Low | 12.9899 | 52wk Low Date | 2024-07-08 |
| Average Volume | 43,914 |