3.43% 0.20

Direxion Daily Amd Bear 1 X Etf (AMDD)

Overview News Price History Discussions Forecast

Direxion Daily Amd Bear 1 X Etf Stock (AMDD) Forecast

The Direxion Daily Amd Bear 1 X Etf (AMDD) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $0.00, representing a -100.00% decrease from the current price of $5.45. The highest analyst price target is $0.00, and the lowest is $0.00.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.

12-Month AMDD Price Target

Average 0.00 (-100.00% Downside)

Is Direxion Daily Amd Bear 1 X Etf (AMDD) A Buy Now?

Oscillators

Name	Value	Action
RSI(14)	23.49	Buy
STOCH(9,6)	8.193	Buy
STOCHRSI(14)	47.65	Neutral
MACD(12,26)	-0.9047	Sell
ADX(14)	43.76	Sell
William %R	-84.68	Buy
CCI(14)	-54.65	Neutral

Buy: 3 Sell: 2 Neutral: 2

Summary: Buy

Moving Averages

Period	Simple	Exponential
MA10	6.0353 Sell	6.0184 Sell
MA20	7.0095 Sell	6.7736 Sell
MA50	8.3841 Sell	7.8566 Sell
MA100	8.7392 Sell	8.8855 Sell
MA200	10.48 Sell	12.02 Sell

Buy: 0 Sell: 10 Neutral: 0

Summary: Sell

According to our latest analysis, AMDD could be considered a Strong Sell, with 17 technical analysis indicators signaling 3 Buy signals, 12 signaling Sell signals and 2 Neutral signals. This might not be a good time to consider opening new positions on AMDD, as trading bearish markets can be challenging and may result in losses.

RSI (Relative Strength Index): The RSI(14) value of 23.49 indicates that AMDD is oversold. This indicates that AMDD price has experienced a significant decline over a specified lookback period, potentially leading to a rebound.
STOCH (Stochastic Oscillator): The STOCH value of 8.193 indicates that AMDD is oversold. This indicates that AMDD price is at or near the lowest level over a specified lookback period.
STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 47.65 indicates that AMDD is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
ADX (Average Directional Index): The ADX value of The ADX value of 43.76 suggests a moderate trend in the market. It indicates that there is more conviction behind the directional movement compared to lower ADX values. You should consider this as a potential opportunity to enter trades in the direction of the trend.
CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -54.65 indicates that AMDD is still oversold but not to an extreme extent.