


Technical Sentiment Analysis for GraniteShares 2x Long AMZN Daily ETF (AMZZ). As of 2026-05-04, GraniteShares 2x Long AMZN Daily ETF (AMZZ) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 9 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for AMZZ stands at 79.16, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 3.32, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 80.91 and the Commodity Channel Index (CCI) at 132.35 further confirm a 6.66 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, AMZZ is trading below its 60-day moving average of $28.32 and below its 200-day long-term moving average of $30.99. Key price levels to watch include the immediate resistance at $42.13 and strong support at $34.39. A break above $42.13 could signal a bull continuation, while falling below $34.39 may test the next Fibonacci floor at $30.64.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 26.65 | 30.64 | 34.39 | 38.38 | 42.13 | 46.12 | 49.87 |
| Fibonacci | 30.64 | 33.6 | 35.43 | 38.38 | 41.34 | 43.17 | 46.12 |
2026-05-04
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 79.16 |
| Stochastic Oscillator | 80.91 |
| Stochastic RSI | 82.87 |
| Commodity Channel Index (CCI) | 132.35 |
| Awesome Oscillator | 8.44 |
| Momentum | 6.66 |
| MACD | 3.32 |
2026-05-04
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 39.31 | Buy |
| 10-Day | 38.13 | Buy |
| 20-Day | 35.15 | Buy |
| 60-Day | 28.32 | Buy |
| 200-Day | 30.99 | Buy |
| 250-Day | 30.59 | Buy |