Index Trend Analysis Report
Prepared for you on Thursday, August 6, 2020.
Alerian MLP Index (CME:AMZ)
Strong Uptrend (+100) - AMZ is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, AMZ 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 AMZ?
MarketClub looks at technical strength and momentum to determine if the timing is right for AMZ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AMZ
The long-term trend has been UP since Dec 18th, 2018 at 284.0935
The intermediate-term trend has been UP since Aug 5th, 2020 at 134.6590
The short-term trend has been UP since Aug 5th, 2020 at 130.5830
Smart Scan Analysis for AMZ
Based on our trend formula, AMZ is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||304.97||52wk High Date||2018-01-24|
|52wk Low||231.8686||52wk Low Date||2018-03-27|