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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

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

Strong Uptrend (+100) - AMZU is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, AMZU continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
36.6100 37.0100 36.0100 36.6299 +0.0899
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 up The short-term trend has been UP since Apr 26th, 2024 at 33.6600

Smart Scan Analysis for AMZU

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

+100
Smart Scan Analysis for AMZU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
36.6100 37.0100 36.0100 36.6299 +0.0899
Prev. Close Volume Bid Ask Time
36.5700 350191 2024-05-07 15:59:44
52wk High37.50452wk High Date2024-04-11
52wk Low17.299852wk Low Date2023-05-09
Average Volume481,404
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