Index Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Alerian MLP Index (CME:AMZ)
Countertrend Up (+85) - AMZ is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Oct 15th, 2021 at 199.546
The intermediate-term trend has been UP since Sep 27th, 2021 at 183.006
The short-term trend has been DOWN since Oct 21st, 2021 at 197.091
Smart Scan Analysis for AMZ
Based on our trend formula, AMZ is rated as a +85 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|