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Direxion Daily AMZN Bull 2X Shares

AMZU•NASDAQ
Financial Services
Asset Management - Leveraged
$26.76
$-1.35(-4.80%)
U.S. Market opens in 14h 27m

Direxion Daily AMZN Bull 2X Shares (AMZU) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

AMZU Technical Analysis Summary

Direxion Daily AMZN Bull 2X Shares stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 33.82)
Trend Strength:Strong (ADX: 32.64)
Volatility:High (ATR: 1.91)
Support/Resistance:$20.99 – $41.58 (Bollinger Bands)

Technical conditions suggest Direxion Daily AMZN Bull 2X Shares is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 33.82

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 18.34

Bullish
Oversold zone signals rebound potential.

Williams %R: -84.60

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -29.78

Strongly Bearish
Sharp downside momentum.

Takeaway:Direxion Daily AMZN Bull 2X Shares shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -2.62

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 32.64

Strong
Strong trend, momentum well established.

ATR (14): 1.91

Low
Low volatility, stable price action.

CCI (14): -39.26

Bearish
Bearish, momentum remains under pressure.

Takeaway:Direxion Daily AMZN Bull 2X Shares shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$41.58
Middle Band (SMA 20)
$31.28
Lower Band
$20.99
Current Position
Within Bands

Takeaway:Direxion Daily AMZN Bull 2X Shares trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$33.80
Middle Line (EMA 20)
$29.98
Lower Channel
$26.15
Squeeze Status
No Squeeze

Takeaway:Direxion Daily AMZN Bull 2X Shares trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-35.73M
Money Flow Index35.88Bearish, selling pressure outweighs inflows.
Relative Vigor Index38.40Bearish, price momentum favors sellers.

Overall Takeaway:AMZU shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Direxion Daily AMZN Bull 2X Shares, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Direxion Daily AMZN Bull 2X Shares shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ