DRX DLY AMZN BEAR 1X (AMZD) Stock Technical Analysis
NASDAQ:AMZD - Nasdaq - US25461A5020 - ETF - Currency: USD
We assign a technical rating of 6 out of 10 to AMZD. In the last year, AMZD was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
In the last month AMZD has a been trading in the 12.56 - 15.25 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that AMZD is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
AMZD is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Although the technical rating is only medium, AMZD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 14.19. Right above this resistance zone may be a good entry point.
More info and screens
12.03
14.69
2 important support areas can be observed.
- A support zone ranging from 12.77 to 12.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.15 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 14.19 to 14.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 14.48 to 14.54. 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
CRS75.46
Mansfield-0.06
10 Day High14.67
10 Day Low12.75
20 Day High15.25
20 Day Low12.56
52 Week High16.84
52 Week Low10.44
Performance
1 Week-9.08%
2 Weeks-4.62%
1 Month3.14%
3 Month18.94%
6 Month-6.5%
12 Month-12.32%
2 Year-51.68%
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)-0.13
RSI(14)45.32
LBB12.49
UBB14.75
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 13.60 | 12.76 | 0.84 (6.14%) | 16.28% |
| An entry @13.60. This is a Buy Stop order right above the 10 day moving average. | An exit @12.76. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.84 points, which is 6.14%. | When investing 16.28% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of AMZD. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
12.81
-0.16 (-1.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.26%
1 Week-9.08%
2 Weeks-4.62%
1 Month3.14%
3 Month18.94%
6 Month-6.5%
12 Month-12.32%
2 Year-51.68%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.84
ATR(20)%6.29%
ATR Inc-58.9%
Range Today0.29
ADR(20)0.68
ADR(20)%5.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.46
Mansfield-0.06
10 Day High14.67
10 Day Low12.75
20 Day High15.25
20 Day Low12.56
52 Week High16.84
52 Week Low10.44
CS1 End12.8
CR1 Start14.19
Volume & EV
DER(3)-9.1%
DER(5)-7.39%
Volume132.10K
Volume Incr-36.53%
Vol(5)272.76K
Vol(50)317.36K