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Stock Trend Analysis Report

Prepared for you on Sunday, May 26, 2024.

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

Sidelines Mode (+55) - AMZU is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
33.62 33.92 33.15 33.31 -0.14
Entry Signal

MarketClub’s Trade Triangles for AMZU

long term up The long-term trend has been UP since Nov 27th, 2023 at 27.0486

intermediate term up The intermediate-term trend has been UP since May 7th, 2024 at 37.0000

short term down The short-term trend has been DOWN since May 13th, 2024 at 35.6700

Smart Scan Analysis for AMZU

Based on our trend formula, AMZU is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for AMZU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.62 33.92 33.15 33.31 -0.14
Prev. Close Volume Bid Ask Time
33.29 294710 2024-05-24 15:59:39
52wk High37.6852wk High Date2024-05-09
52wk Low19.3752wk Low Date2023-10-26
Average Volume495,388
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