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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU)

Countertrend Up (+85) - AMZU is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

NASDAQ_AMZU
Open High Low AMZU Price Change
35.9000 38.2500 35.8627 38.0100 +1.0600
Entry Signal

MarketClub’s Trade Triangles for AMZU

long term up The long-term trend has been UP since Nov 1st, 2024 at 35.71

intermediate term up The intermediate-term trend has been UP since Oct 22nd, 2024 at 33.71

short term down The short-term trend has been DOWN since Nov 15th, 2024 at 38.75

Smart Scan Analysis for AMZU

Based on our trend formula, AMZU is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for AMZU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.9000 38.2500 35.8627 38.0100 +1.0600
Prev. Close Volume Bid Ask Time
38.0100 780147 2024-11-19 15:58:24
52wk High42.552wk High Date2024-11-14
52wk Low22.11552wk Low Date2024-08-05
Average Volume1,012,383
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