Direxion Daily Amd Bear 1 X Etf (AMDD)

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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 $28.56. 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)	85.04	Sell
STOCH(9,6)	86.69	Sell
STOCHRSI(14)	80.15	Sell
MACD(12,26)	6.9369	Buy
ADX(14)	53.59	Buy
William %R	-13.04	Sell
CCI(14)	70.55	Neutral

Buy: 2 Sell: 4 Neutral: 1

Summary: Sell

Moving Averages

Period	Simple	Exponential
MA10	23.49 Buy	23.26 Buy
MA20	13.17 Buy	17.03 Buy
MA50	7.2423 Buy	10.53 Buy
MA100	7.3202 Buy	8.7039 Buy
MA200	8.2093 Buy	10.01 Buy

Buy: 10 Sell: 0 Neutral: 0

Summary: Buy

According to our latest analysis, AMDD could be considered a Strong Buy, with 17 technical analysis indicators signaling 12 Buy signals, 4 signaling Sell signals and 1 Neutral signals. This might be a good time to open fresh positions on AMDD, as trading bullish markets is always a lot easier

RSI (Relative Strength Index): The RSI(14) value of 85.04 indicates that AMDD is overbought. This suggests that AMDD price has experienced a significant increase over a specified lookback period, potentially leading to a correction.
STOCH (Stochastic Oscillator): The STOCH value of 86.69 indicates that AMDD is oversold. This means that AMDD price is at or near the highest level over a specified lookback period.
STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 80.15 indicates that AMDD is oversold. This suggests that AMDD price is at or near the highest level relative to its recent price history.
ADX (Average Directional Index): The ADX value of The ADX value of 53.59 suggests an extremely strong trend in the market. Such high values are relatively rare and indicate a very robust directional movement.
CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 70.55 indicates that AMDD is still overbought but not to an extreme extent.