34.95 USD
-0.53 (-1.49%)
35.02 USD
+0.07 (+0.2%)
Taking everything into account, AMZU scores 1 out of 10 in our technical rating. 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.
76% of all other stocks performed better in the past year than AMZU.
In the last month AMZU has a been trading in the 32.50 - 37.63 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
AMZU has an average volume of 2413800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AMZU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AMZU is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, AMZU does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
31.18
40.92
We found 3 important support areas.
- Support @33.07 from a trend line in the daily time frame.
- A support zone ranging from 32.40 to 32.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.49 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 35.00 to 35.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @37.96 from a horizontal line in the daily time frame.
- Resistance @40.51 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for AMZU is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AMZU is neutral. |
| ChartMill Relative Strength | 24.78 | NEGATIVE | AMZU has a low relative strength, it was outperformed by 75.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMZU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AMZU is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of AMZU is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.49 | NEUTRAL | The RSI value for AMZU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests AMZU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.2 | OVERBOUGHT | The high Stochastics value suggests AMZU may be overbought. |
| Average True Range in percent/ATR (20) | 3.23 | MEDIUM VOLATILITY | The ATR as a percentage value for AMZU suggests some volalility. |
| Average Directional Index/ADX (14) | 10.25 | NEGATIVE | The low ADX value for AMZU 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)
34.95
-0.53 (-1.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.49%
1 Week-1.41%
2 Weeks6.2%
1 Month-7.91%
3 Month0.69%
6 Month-7.71%
12 Month-20.17%
2 Year28.63%
3 Year170.98%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.05
ATR(20)%3.23%
ATR Inc-33.68%
Range Today0.69
ADR(20)1.06
ADR(20)%3.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.78
3 months CRS62.05
6 months CRS25.46
Mansfield-1.21
10 Day High35.69
10 Day Low32.51
20 Day High37.63
20 Day Low32.5
52 Week High50.61
52 Week Low21.28
CS1 End33.07
CR1 Start35
Volume & EV
DER(3)-2.14%
DER(5)1%
Volume1.14M
Volume Incr-41.91%
Vol(5)960.74K
Vol(50)2.41M
DIREXION DAILY AMZN BULL 2X / AMZU FAQ
What is the ChartMill technical rating of DIREXION DAILY AMZN BULL 2X (AMZU) stock?
ChartMill assigns a technical rating of 1 / 10 to AMZU.
What is the current trend direction of DIREXION DAILY AMZN BULL 2X (AMZU) stock?
The current trend direction for DIREXION DAILY AMZN BULL 2X (AMZU) is Bearish.
Can you provide the RSI signal for DIREXION DAILY AMZN BULL 2X?
DIREXION DAILY AMZN BULL 2X (AMZU) has an RSI value of 46.4879. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DIREXION DAILY AMZN BULL 2X?
The MACD indicator for DIREXION DAILY AMZN BULL 2X (AMZU) has a value of 0.211553, indicating a bearish trend.