DIREXION DAILY AMZN BULL 2X (AMZU) Stock Technical Analysis
USA - NASDAQ:AMZU - US25461A8586 - ETF
We assign a technical rating of 1 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 technical rating of AMZU is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
31.18
2 important support areas can be observed.
- A support zone ranging from 32.40 to 32.40. 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.
We can see 2 important resistance areas.
- A resistance zone ranging from 34.07 to 34.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @41.52 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 | NEUTRAL | NEUTRAL | The long term trend for AMZU is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AMZU is down. |
| ChartMill Relative Strength | 33.01 | NEUTRAL | AMZU is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AMZU is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AMZU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AMZU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.26 | NEUTRAL | The RSI value for AMZU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.91 | NEGATIVE | The MACD value suggests AMZU has a negative trend. |
| Stochastics (14,3) | 10.51 | OVERSOLD | The low Stochastics value suggests AMZU may be oversold. |
| Average True Range in percent/ATR (20) | 7.11 | HIGH VOLATILITY | The high ATR as a percentage value for AMZU suggests high volalility. |
| Average Directional Index/ADX (14) | 20.56 | NEUTRAL | The ADX value for AMZU suggests a possible start of a new trend. |
NASDAQ:AMZU (11/20/2025, 12:43:04 PM)
33.28
-1.18 (-3.42%)
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.
Can you provide the trend direction for DIREXION DAILY AMZN BULL 2X?
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 39.2571. This indicates that the stock is currently neutral.
What is the MACD signal for AMZU stock?
The MACD indicator for DIREXION DAILY AMZN BULL 2X (AMZU) has a value of -0.910524, indicating a bearish trend.
Can you provide the short term momentum for DIREXION DAILY AMZN BULL 2X?
The short term momentum for DIREXION DAILY AMZN BULL 2X (AMZU) is negative.