We assign a technical rating of 2 out of 10 to AMDD. In the past year, AMDD was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is bad, AMDD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 10.16. Right above this resistance zone may be a good entry point.
More info and screens
9.05
We found 2 important support areas.
- A support zone ranging from 9.45 to 9.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.14 to 9.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 10.16 to 10.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.58 from a trend line in the daily time frame.
- Resistance @11.93 from a trend line in the daily time frame.
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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for AMDD is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMDD is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | AMDD has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMDD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AMDD is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AMDD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.44 | NEUTRAL | The RSI value for AMDD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests AMDD has a positive trend. |
| Stochastics (14,3) | 60.73 | NEUTRAL | The Stochastics value for AMDD is a neutral value. |
| Average True Range in percent/ATR (20) | 4.7 | MEDIUM VOLATILITY | The ATR as a percentage value for AMDD suggests some volalility. |
| Average Directional Index/ADX (14) | 14.41 | NEGATIVE | The low ADX value for AMDD suggests a weak or negative trend. |
9.84
-0.06 (-0.61%)
DIREXION DAILY AMD B 1X SHRS / AMDD FAQ
What is the technical rating for AMDD stock?
ChartMill assigns a technical rating of 2 / 10 to AMDD.
What is the current trend direction of DIREXION DAILY AMD B 1X SHRS (AMDD) stock?
The current trend direction for DIREXION DAILY AMD B 1X SHRS (AMDD) is Bearish.
Can you provide the RSI signal for DIREXION DAILY AMD B 1X SHRS?
DIREXION DAILY AMD B 1X SHRS (AMDD) has an RSI value of 56.4413. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for DIREXION DAILY AMD B 1X SHRS?
The buy/sell signal for DIREXION DAILY AMD B 1X SHRS (AMDD) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for DIREXION DAILY AMD B 1X SHRS (AMDD) stock?
DIREXION DAILY AMD B 1X SHRS (AMDD) has a support level at 9.56 and a resistance level at 10.16. Check the full technical report for our detailed analysis of AMDD support and resistance levels.