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Stock Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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

Crossroads (-60) - AMZU is struggling to move into a solid trend. Beware of choppy markets 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
32.1100 33.0000 31.9700 32.7895 +0.9095
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 down The intermediate-term trend has been DOWN since Jul 17th, 2024 at 34.4000

short term down The short-term trend has been DOWN since Jul 10th, 2024 at 38.9124

Smart Scan Analysis for AMZU

Based on our trend formula, AMZU is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for AMZU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.1100 33.0000 31.9700 32.7895 +0.9095
Prev. Close Volume Bid Ask Time
31.8800 914128 2024-07-26 15:59:59
52wk High40.252wk High Date2024-07-08
52wk Low19.3752wk Low Date2023-10-26
Average Volume1,069,877
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