DIREXION DAILY AMD B 1X SHRS (AMDD) Stock Technical Analysis
USA - NASDAQ:AMDD - US25461A3959 - ETF
10.05 USD
+0.74 (+7.95%)
10.03 USD
-0.02 (-0.2%)
Taking everything into account, AMDD scores 0 out of 10 in our technical rating. AMDD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, AMDD is a bad performer in the overall market: 100% of all stocks are doing better.
In the last month AMDD has a been trading in the 8.85 - 15.61 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
AMDD has an average volume of 2435150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of AMDD 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.
More info and screens
9.95
15.61
3 important resistance areas can be observed.
- A resistance zone ranging from 13.86 to 13.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @14.32 from a trend line in the daily time frame.
- Resistance @15.46 from a horizontal 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 | DOWN | NEGATIVE | The short term trend for AMDD is down. |
| 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) | DOWN | NEGATIVE | The current price of AMDD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AMDD is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 26.25 | OVERSOLD | The low RSI value suggests AMDD may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.56 | NEGATIVE | The MACD value suggests AMDD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.96 | OVERSOLD | The low Stochastics value suggests AMDD may be oversold. |
| Average True Range in percent/ATR (20) | 7.73 | HIGH VOLATILITY | The high ATR as a percentage value for AMDD suggests high volalility. |
| Average Directional Index/ADX (14) | 25.97 | POSITIVE | The high ADX value value for AMDD suggests a strong trend. |
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)
10.05
+0.74 (+7.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg7.95%
1 Week-29.03%
2 Weeks-31.4%
1 Month-32.09%
3 Month-38.79%
6 Month-62.5%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.91
ATR(20)%7.73%
ATR Inc-30.31%
Range Today0.84
ADR(20)0.57
ADR(20)%5.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High14.65
10 Day Low8.85
20 Day High15.61
20 Day Low8.85
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start13.86
Volume & EV
DER(3)-1%
DER(5)0.89%
Volume11.80M
Volume Incr2852.21%
Vol(5)16.77M
Vol(50)2.44M