DIREXION D AMD BULL 2X SHRS (AMUU) Stock Technical Analysis
NASDAQ:AMUU - US25461A4114 - ETF
42.13 USD
-3.24 (-7.14%)
42 USD
-0.13 (-0.31%)
We assign a technical rating of 5 out of 10 to AMUU. AMUU was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
100% of all other stocks performed better in the past year than AMUU.
In the last month AMUU has a been trading in the 40.01 - 56.10 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.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Considerably lower volume is observed in the last couple of days.
AMUU has an average technical rating and also the quality of the setup is only medium 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
36.84
45.83
We found 2 important support areas.
- A support zone ranging from 41.87 to 42.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @37.21 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @45.38 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 | UP | POSITIVE | The long term trend for AMUU is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AMUU is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | AMUU 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 AMUU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMUU is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 44.72 | NEUTRAL | The RSI value for AMUU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.08 | NEGATIVE | The MACD value suggests AMUU has a negative trend. |
| Stochastics (14,3) | 24.98 | NEUTRAL | The Stochastics value for AMUU is a neutral value. |
| Average True Range in percent/ATR (20) | 9.3 | HIGH VOLATILITY | The high ATR as a percentage value for AMUU suggests high volalility. |
| Average Directional Index/ADX (14) | 17.59 | NEGATIVE | The low ADX value for AMUU suggests a weak or negative 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)
42.13
-3.24 (-7.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-7.14%
1 Week-6.5%
2 Weeks-17.03%
1 Month-12.77%
3 Month99.1%
6 Month110.76%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.4
ATR(20)%9.3%
ATR Inc-20.41%
Range Today3.45
ADR(20)3.16
ADR(20)%7.51%
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 High51.33
10 Day Low40.01
20 Day High56.1
20 Day Low40.01
52 Week HighN/A
52 Week LowN/A
CS1 End42.12
CR1 Start45.38
Volume & EV
DER(3)-6.97%
DER(5)-5.87%
Volume124.80K
Volume Incr-45.95%
Vol(5)174.14K
Vol(50)281.37K