2.71% -0.12

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 $6.90. 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)	26.74	Buy
STOCH(9,6)	2.8344	Buy
STOCHRSI(14)	9.8806	Buy
MACD(12,26)	-0.5251	Sell
ADX(14)	24.17	Neutral
William %R	-100.00	Buy
CCI(14)	-112.74	Sell

Buy: 4 Sell: 2 Neutral: 1

Summary: Buy

Moving Averages

Period	Simple	Exponential
MA10	7.7896 Sell	7.7153 Sell
MA20	8.423 Sell	8.1961 Sell
MA50	8.9552 Sell	8.7154 Sell
MA100	9.0766 Sell	9.4742 Sell
MA200	10.99 Sell	12.60 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 4 Buy signals, 12 signaling Sell signals and 1 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 26.74 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 2.8344 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 9.8806 indicates that AMDD is oversold. This suggests that AMDD price is at or near the lowest level relative to its recent price history.
ADX (Average Directional Index): The ADX value of The ADX value of 24.17 suggests that there may be some movement in price, but it lacks strength or conviction.
CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -112.74 indicates that AMDD is oversold. This means that the price has moved significantly lower than its average, indicating a potential buying opportunity.