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Stock Trend Analysis Report

Prepared for you on Wednesday, July 24, 2024.

T-Rex 2X Inverse NVIDIA Daily Target ETF (BATS:NVDQ)

Bull Market Weakness (+75) - NVDQ is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NVDQ as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid NVDQ?

MarketClub looks at technical strength and momentum to determine if the timing is right for NVDQ.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

BATS_NVDQ
Open High Low NVDQ Price Change
6.205 6.745 6.140 6.690 +0.805
Entry Signal

MarketClub’s Trade Triangles for NVDQ

long term down The long-term trend has been DOWN since Nov 2nd, 2023 at 28.12

intermediate term up The intermediate-term trend has been UP since Jul 24th, 2024 at 6.55

short term up The short-term trend has been UP since Jul 24th, 2024 at 6.44

Smart Scan Analysis for NVDQ

Based on our trend formula, NVDQ is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for NVDQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.205 6.745 6.140 6.690 +0.805
Prev. Close Volume Bid Ask Time
5.885 13681323 2024-07-24 15:59:57
52wk High101.6152wk High Date2023-10-31
52wk Low4.7752wk Low Date2024-06-20
Average Volume8,847,606
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