GRANITESHARES 2XLONG AMD ETF (AMDL) Stock Technical Analysis
USA - NASDAQ:AMDL - US38747R7513 - ETF
Overall AMDL gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AMDL is showing a nice and steady performance.
Besides having an excellent technical rating, AMDL also presents a decent setup pattern. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
11.82
3 important support areas can be observed.
- Support @20.64 from a trend line in the daily time frame.
- A support zone ranging from 19.41 to 19.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 11.94 to 12.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 23.74 to 23.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for AMDL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMDL is up. |
| ChartMill Relative Strength | 96.65 | POSITIVE | AMDL has a high relative strength, it outperformed 96.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AMDL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMDL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMDL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.43 | NEUTRAL | The RSI value for AMDL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.52 | NEGATIVE | The MACD value suggests AMDL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.98 | NEUTRAL | The Stochastics value for AMDL is a neutral value. |
| Average True Range in percent/ATR (20) | 10.18 | HIGH VOLATILITY | The high ATR as a percentage value for AMDL suggests high volalility. |
| Average Directional Index/ADX (14) | 26.16 | POSITIVE | The high ADX value value for AMDL suggests a strong trend. |
21.73
-2.01 (-8.47%)
GRANITESHARES 2XLONG AMD ETF / AMDL FAQ
Can you provide the ChartMill technical rating for GRANITESHARES 2XLONG AMD ETF?
ChartMill assigns a technical rating of 10 / 10 to AMDL.
What is the trend direction for AMDL stock?
The current trend direction for GRANITESHARES 2XLONG AMD ETF (AMDL) is Bullish.
What is the RSI signal for AMDL stock?
GRANITESHARES 2XLONG AMD ETF (AMDL) has an RSI value of 53.4255. This indicates that the stock is currently neutral.
What is the short term momentum for GRANITESHARES 2XLONG AMD ETF (AMDL) stock?
The short term momentum for GRANITESHARES 2XLONG AMD ETF (AMDL) is positive.
Can you provide the buy/sell signal for GRANITESHARES 2XLONG AMD ETF?
The buy/sell signal for GRANITESHARES 2XLONG AMD ETF (AMDL) is buy as both the short term and long term trends are positive.