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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

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

Long-Term Uptrend (+90) - AMZU is in a strong uptrend that is likely to continue. While AMZU is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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
45.4200 45.6600 44.9600 45.3301 -0.5099
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 up The short-term trend has been UP since Dec 24th, 2024 at 45.10

Smart Scan Analysis for AMZU

Based on our trend formula, AMZU is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for AMZU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
45.4200 45.6600 44.9600 45.3301 -0.5099
Prev. Close Volume Bid Ask Time
45.8400 211202 2024-12-26 14:08:36
52wk High48.0852wk High Date2024-12-16
52wk Low22.11552wk Low Date2024-08-05
Average Volume940,687
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