AMDS Stock Tickeron detected bullish ETF Pattern: Three Rising Valleys AMDS on January 27, 2025, netting in a 24.19% gain over 1 month

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AMDS - GraniteShares 1x Short AMD Daily ETF

Ticker: AMDS

Company: GraniteShares 1x Short AMD Daily ETF

Gain: +24.19%

Confirmed: 01/27/25

Succeeded: 03/03/25

Total length: 40 days

AMDS in upward trend: price rose above 50-day moving average on March 27, 2025

AMDS moved above its 50-day moving average on March 27, 2025 date and that indicates a change from a downward trend to an upward trend. In of 6 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on March 31, 2025. You may want to consider a long position or call options on AMDS as a result. In of 30 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AMDS advanced for three days, in of 88 cases, the price rose further within the following month. The odds of a continued upward trend are .

AMDS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 72 cases where AMDS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for AMDS moved out of overbought territory on March 11, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 11 similar instances where the indicator moved out of overbought territory. In of the 11 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

The Moving Average Convergence Divergence Histogram (MACD) for AMDS turned negative on March 14, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 14 similar instances when the indicator turned negative. In of the 14 cases the stock turned lower in the days that followed. This puts the odds of success at .

The 10-day moving average for AMDS crossed bearishly below the 50-day moving average on April 01, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 4 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where AMDS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .