DIREXION DAILY AMZN BULL 2X (AMZU) Stock Technical Analysis
NASDAQ:AMZU - Nasdaq - US25461A8586 - ETF - Currency: USD
We assign a technical rating of 0 out of 10 to AMZU. AMZU 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, AMZU is a bad performer in the overall market: 85% of all stocks are doing better.
AMZU is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month AMZU has a been trading in the 21.28 - 29.80 range, which is quite wide. It is currently trading near the high of this range.
AMZU has an average volume of 1449460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
AMZU has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
26.67
28.85
When analyzing the support we notice one important area.
- Support @26.94 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 28.56 to 28.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.32
Mansfield-1.82
10 Day High29.09
10 Day Low21.78
20 Day High29.8
20 Day Low21.28
52 Week High50.61
52 Week Low21.28
Performance
1 Week3.37%
2 Weeks17.39%
1 Month-10.19%
3 Month-41.28%
6 Month-20.5%
12 Month-19.85%
2 Year35.31%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.72
RSI(14)50.89
LBB22.47
UBB30.01
28.55
+1.61 (+5.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg5.98%
1 Week3.37%
2 Weeks17.39%
1 Month-10.19%
3 Month-41.28%
6 Month-20.5%
12 Month-19.85%
2 Year35.31%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.03
ATR(20)%10.52%
ATR Inc-5.4%
Range Today1.25
ADR(20)2.48
ADR(20)%8.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.32
Mansfield-1.82
10 Day High29.09
10 Day Low21.78
20 Day High29.8
20 Day Low21.28
52 Week High50.61
52 Week Low21.28
CS1 End26.94
CR1 Start28.56
Volume & EV
DER(3)0.6%
DER(5)0.33%
Volume5.09M
Volume Incr21.85%
Vol(5)2.18M
Vol(50)1.45M