Overall AMDY gets a technical rating of 0 out of 10. AMDY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of AMDY 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.
35.15
When analyzing the support we notice one important area.
When analyzing the resistance we notice 4 important areas.
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 AMDY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AMDY is down. |
| ChartMill Relative Strength | 11.96 | NEGATIVE | AMDY has a low relative strength, it was outperformed by 88.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMDY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AMDY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AMDY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.06 | NEUTRAL | The RSI value for AMDY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests AMDY has a negative trend. |
| Stochastics (14,3) | 8.74 | OVERSOLD | The low Stochastics value suggests AMDY may be oversold. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for AMDY suggests some volalility. |
| Average Directional Index/ADX (14) | 24.98 | NEUTRAL | The ADX value for AMDY suggests a possible start of a new trend. |
36.18
+0.66 (+1.86%)
ChartMill assigns a technical rating of 0 / 10 to AMDY.
The current trend direction for YIELDMAX AMD OPTION IS ETF (AMDY) is Bearish.
YIELDMAX AMD OPTION IS ETF (AMDY) has an RSI value of 37.064. This indicates that the stock is currently neutral.
The MACD indicator for YIELDMAX AMD OPTION IS ETF (AMDY) has a value of -0.040893, indicating a bearish trend.
YIELDMAX AMD OPTION IS ETF (AMDY) has a support level at 35.51 and a resistance level at 37.24. Check the full technical report for our detailed analysis of AMDY support and resistance levels.