DIREXION D AMD BULL 2X SHRS (AMUU) Stock Technical Analysis
NASDAQ:AMUU - Nasdaq - US25461A4114 - ETF - Currency: USD
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.
100% of all other stocks performed better in the past year than AMUU.
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 31.62 - 54.46 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.
AMUU has an excellent technical rating, but 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
40.71
50.41
2 important support areas can be observed.
- A support zone ranging from 47.86 to 48.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @41.12 from a trend 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 | 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) | 67.68 | NEUTRAL | The RSI value for AMUU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests AMUU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.6 | NEUTRAL | The Stochastics value for AMUU is a neutral value. |
| Average True Range in percent/ATR (20) | 6.68 | HIGH VOLATILITY | The high ATR as a percentage value for AMUU suggests high volalility. |
| Average Directional Index/ADX (14) | 40.29 | 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)
49.91
-1.26 (-2.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.46%
1 Week-3.54%
2 Weeks26.32%
1 Month57.35%
3 Month169.06%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.34
ATR(20)%6.68%
ATR Inc-10.85%
Range Today3.06
ADR(20)2.78
ADR(20)%5.57%
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 High54.46
10 Day Low40.18
20 Day High54.46
20 Day Low31.62
52 Week HighN/A
52 Week LowN/A
CS1 End48.51
CR1 StartN/A
Volume & EV
DER(3)2.4%
DER(5)-0.48%
Volume586.30K
Volume Incr28.02%
Vol(5)323.88K
Vol(50)228.53K