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LEVERAGE SHARES 3X AMAZON (3AMZ.AS) Stock Technical Analysis

AMS:3AMZ - Euronext Amsterdam - IE00BK5BZQ82 - ETF - Currency: EUR

6.8569  -0.01 (-0.22%)

Technical Rating and Analysis

1

Taking everything into account, 3AMZ scores 1 out of 10 in our technical rating. 3AMZ's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
84% of all other stocks performed better in the past year than 3AMZ.
3AMZ is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so 3AMZ is lagging the market.
Warning: 3AMZ has an average volume of 4078 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month 3AMZ has a been trading in the 5.22 - 8.15 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
LEVERAGE SHARES 3X AMAZON / 3AMZ Weekly stock chart
LEVERAGE SHARES 3X AMAZON / 3AMZ Daily stock chart
Setup Rating and Analysis

3

The technical rating of 3AMZ is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

4.49

7.81

We found 3 important support areas.

  • A support zone ranging from 6.79 to 6.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @6.54 from a horizontal line in the daily time frame.
  • Support @4.54 from a trend line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 7.04 to 7.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @7.73 from a trend line in the daily time frame.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for 3AMZ.AS is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for 3AMZ.AS is neutral.
ChartMill Relative Strength16.46NEGATIVE3AMZ.AS has a low relative strength, it was outperformed by 83.54% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of 3AMZ.AS is above the rising SMA(20).
Simple Moving Average/SMA (50)DOWNMIXEDThe current price of 3AMZ.AS is above a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of 3AMZ.AS is below a declining SMA(200).
Relative Strength Index/RSI (14)53.08NEUTRALThe RSI value for 3AMZ.AS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests 3AMZ.AS has a positive trend, although the MACD value is declining.
Stochastics (14,3)41.52NEUTRALThe Stochastics value for 3AMZ.AS is a neutral value.
Average True Range in percent/ATR (20)5.84HIGH VOLATILITYThe high ATR as a percentage value for 3AMZ.AS suggests high volalility.
Average Directional Index/ADX (14)12.19NEGATIVEThe low ADX value for 3AMZ.AS suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
LEVERAGE SHARES 3X AMAZON / 3AMZ Daily stock chart

LEVERAGE SHARES 3X AMAZON

AMS:3AMZ (6/2/2025, 7:00:00 PM)

6.8569

-0.01 (-0.22%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.22%
1 Week0.85%
2 Weeks-2.87%
1 Month24.47%
3 Month-11.52%
6 Month-34.55%
12 Month-9.42%
2 Year53.2%
3 Year47.41%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%5.84%
ATR Inc-58.16%
Range Today0.15
ADR(20)0.25
ADR(20)%3.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.46
Mansfield-2.65
10 Day High7.55
10 Day Low6.17
20 Day High8.15
20 Day Low5.22
52 Week High15.8
52 Week Low3.73
CS1 End6.85
CR1 Start7.04
Volume & EV
DER(3)0%
DER(5)0%
Volume857
Volume Incr-73.5%
Vol(5)1.32K
Vol(50)4.08K