Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Direxion Daily NVDA Bear 1X Shares (NASDAQ:NVDD)
Countertrend Down (-85) - NVDD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid NVDD?
MarketClub looks at technical strength and momentum to determine if the timing is right for NVDD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for NVDD
The long-term trend has been DOWN since Nov 9th, 2023 at 23.535
The intermediate-term trend has been DOWN since May 3rd, 2024 at 11.415
The short-term trend has been UP since May 9th, 2024 at 11.420
Smart Scan Analysis for NVDD
Based on our trend formula, NVDD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.191 | 11.469 | 11.127 | 11.325 | +0.125 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.190 | 0 | 2024-05-09 12:55:48 |
| 52wk High | 28.21 | 52wk High Date | 2023-10-31 |
| 52wk Low | 10.715 | 52wk Low Date | 2024-03-25 |
| Average Volume | 200,136 |