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Stock Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

GraniteShares 2x Long AMZN Daily ETF (NASDAQ:AMZZ)

Crossroads (-60) - AMZZ 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 AMZZ?

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

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

NASDAQ_AMZZ
Open High Low AMZZ Price Change
25.4500 26.0898 25.3400 25.9350 +0.7050
Entry Signal

MarketClub’s Trade Triangles for AMZZ

long term up The long-term trend has been UP since May 9th, 2024 at 29.3800

intermediate term down The intermediate-term trend has been DOWN since Jul 17th, 2024 at 27.1975

short term down The short-term trend has been DOWN since Jul 10th, 2024 at 30.7700

Smart Scan Analysis for AMZZ

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

-60
Smart Scan Analysis for AMZZ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
25.4500 26.0898 25.3400 25.9350 +0.7050
Prev. Close Volume Bid Ask Time
25.2300 74454 2024-07-26 15:59:47
52wk High31.7952wk High Date2024-07-08
52wk Low22.4652wk Low Date2024-04-25
Average Volume167,094
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