MENU
+Compare
AMZU
ETF ticker: NASDAQ
AS OF
Feb 21 closing price
Price
$39.95
Change
-$2.43 (-5.73%)
Net Assets
209.76M

AMZU Direxion Daily AMZN Bull 2X Shares Forecast, Technical & Fundamental Analysis

Category Trading
AMZU
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Ad is loading...
A.I.Advisor
a Summary for AMZU with price predictions
Feb 21, 2025

AMZU in downward trend: price dove below 50-day moving average on February 14, 2025

AMZU moved below its 50-day moving average on February 14, 2025 date and that indicates a change from an upward trend to a downward trend. In of 14 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on February 07, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on AMZU as a result. In of 34 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for AMZU turned negative on February 07, 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 28 similar instances when the indicator turned negative. In of the 28 cases the stock turned lower in the days that followed. This puts the odds of success at .

The 10-day moving average for AMZU crossed bearishly below the 50-day moving average on February 20, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 5 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 AMZU declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Indicator entered the oversold zone -- be on the watch for AMZU's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 7 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AMZU advanced for three days, in of 151 cases, the price rose further within the following month. The odds of a continued upward trend are .

AMZU 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 153 cases where AMZU Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

View a ticker or compare two or three
AMZU
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Ad is loading...
A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Trading--Leveraged Equity
Address
Direxion Shares ETF Trust33 Whitehall Street,10th FloorNew York
Phone
866-476-7523
Web
http://www.direxioninvestments.com/
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
FASPX47.03N/A
N/A
Fidelity Advisor Value Strategies M
JETAX14.49N/A
N/A
abrdn Global Equity Impact A
POVYX27.62N/A
N/A
Putnam International Equity Y
PASTX51.53N/A
N/A
T. Rowe Price Science & Tech Adv
HSCSX25.62-0.74
-2.81%
Homestead Small Company Stock

AMZU and ETFs

Correlation & Price change

A.I.dvisor indicates that over the last year, AMZU has been closely correlated with FNGU. These tickers have moved in lockstep 75% of the time. This A.I.-generated data suggests there is a high statistical probability that if AMZU jumps, then FNGU could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To AMZU
1D Price
Change %
AMZU100%
-5.73%
FNGU - AMZU
75%
Closely correlated
-8.78%
TQQQ - AMZU
72%
Closely correlated
-6.26%
QLD - AMZU
72%
Closely correlated
-4.17%
SPXL - AMZU
68%
Closely correlated
-5.13%
SSO - AMZU
68%
Closely correlated
-3.46%
More