DIREXION D AMD BULL 2X SHRS (AMUU) Stock Technical Analysis
USA - NASDAQ:AMUU - US25461A4114 - ETF
79.86 USD
-1.8 (-2.2%)
79.5 USD
-0.36 (-0.45%)
Taking everything into account, AMUU scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, AMUU is a bad performer.
When comparing the yearly performance of all stocks, AMUU is a bad performer in the overall market: 100% of all stocks are doing better.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month AMUU has a been trading in the 35.19 - 84.78 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
41.09
80.66
When analyzing the support we notice one important area.
- A support zone ranging from 41.50 to 41.64. 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 AMUU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMUU is up. |
| 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) | UP | POSITIVE | The current price of AMUU is above the rising 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) | 83.26 | OVERBOUGHT | The high RSI value suggests AMUU may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 4.69 | POSITIVE | The MACD value suggests AMUU has a positive trend. |
| Stochastics (14,3) | 90.5 | OVERBOUGHT | The high Stochastics value suggests AMUU may be overbought. |
| Average True Range in percent/ATR (20) | 6.5 | HIGH VOLATILITY | The high ATR as a percentage value for AMUU suggests high volalility. |
| Average Directional Index/ADX (14) | 26.42 | POSITIVE | The high ADX value value for AMUU 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)
79.86
-1.8 (-2.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.2%
1 Week78.98%
2 Weeks97.68%
1 Month109.55%
3 Month123.57%
6 Month409.31%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)6.35
ATR(20)%6.5%
ATR Inc113.81%
Range Today7.21
ADR(20)3.94
ADR(20)%4.93%
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 High84.78
10 Day Low38.41
20 Day High84.78
20 Day Low35.19
52 Week HighN/A
52 Week LowN/A
CS1 End41.64
CR1 StartN/A
Volume & EV
DER(3)0.29%
DER(5)-3.94%
Volume342.10K
Volume Incr198.87%
Vol(5)571.00K
Vol(50)265.39K