DIREX DLY AMD BUL 2X ETF-USD (AMUU) Technical Analysis
NASDAQ:AMUU • US25461A4114
Current stock price
62.17 USD
+0.92 (+1.5%)
At close:
62.27 USD
+0.1 (+0.16%)
Pre-Market:
AMUU Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to AMUU. In the past year, AMUU was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- When comparing the yearly performance of all stocks, we notice that AMUU is one of the better performing stocks in the market, outperforming 98% of all stocks.
- In the last month AMUU has a been trading in the 38.56 - 63.39 range, which is quite wide. It is currently trading near the high of this range.
- AMUU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AMUU is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
AMUU Weekly and Daily overview Charts
AMUU Setup Rating and Analysis
Although AMUU has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
AMUU Support and Resistance Analysis
38.51
64.11
When analyzing the support we can see 3 important areas.
- A support zone ranging from 61.56 to 62.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 40.19 to 40.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @38.90 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 62.18 to 62.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @63.48 from a trend line in the weekly time frame.
AMUU Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for AMUU is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMUU is up. |
| ChartMill Relative Strength | 98.23 | POSITIVE | AMUU has a high relative strength, it outperformed 98.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMUU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AMUU is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMUU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.96 | NEUTRAL | The RSI value for AMUU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.27 | POSITIVE | The MACD value suggests AMUU has a positive trend. |
| Stochastics (14,3) | 95.03 | OVERBOUGHT | The high Stochastics value suggests AMUU may be overbought. |
| Average True Range in percent/ATR (20) | 6.65 | HIGH VOLATILITY | The high ATR as a percentage value for AMUU suggests high volalility. |
| Average Directional Index/ADX (14) | 18.52 | NEGATIVE | The low ADX value for AMUU suggests a weak or negative trend. |
AMUU Chart- and CandleStick Pattern Analysis
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)
AMUU Technicals: Chart, Performance Metrics, Trend & Indicators
62.17
+0.92 (+1.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.5%
1 Week25.04%
2 Weeks47.28%
1 Month57.73%
3 Month-1.55%
6 Month-20.9%
12 Month355.79%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.56
ATR(20)%6.65%
ATR Inc-1.81%
Range Today2.42
ADR(20)3.64
ADR(20)%5.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.23
3 months CRS43.53
6 months CRS20.65
Mansfield2.5
10 Day High63.39
10 Day Low38.56
20 Day High63.39
20 Day Low38.56
52 Week High101.84
52 Week Low12.51
CS1 End62.16
CR1 Start62.18
Volume & EV
DER(3)1.51%
DER(5)2.87%
Volume73.00K
Volume Incr-18.66%
Vol(5)89.28K
Vol(50)169.57K
DIREX DLY AMD BUL 2X ETF-USD / AMUU TA FAQ
What is the technical rating for AMUU stock?
ChartMill assigns a technical rating of 7 / 10 to AMUU.
What is the current trend direction of DIREX DLY AMD BUL 2X ETF-USD (AMUU) stock?
The current trend direction for DIREX DLY AMD BUL 2X ETF-USD (AMUU) is Bearish.
What is the RSI signal for AMUU stock?
DIREX DLY AMD BUL 2X ETF-USD (AMUU) has an RSI value of 69.9646. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DIREX DLY AMD BUL 2X ETF-USD?
The short term momentum for DIREX DLY AMD BUL 2X ETF-USD (AMUU) is positive.