Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
T-Rex 2X Inverse NVIDIA Daily Target ETF (BATS:NVDQ)
Strong Downtrend (-100) - NVDQ is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NVDQ continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for NVDQ
The long-term trend has been DOWN since Nov 2nd, 2023 at 28.1200
The intermediate-term trend has been DOWN since Apr 30th, 2024 at 4.4597
The short-term trend has been DOWN since May 3rd, 2024 at 4.4200
Smart Scan Analysis for NVDQ
Based on our trend formula, NVDQ is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.2700 | 4.2850 | 4.1201 | 4.2000 | +0.0150 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.1850 | 4509791 | 2024-05-08 15:59:41 |
| 52wk High | 33.87 | 52wk High Date | 2023-10-31 |
| 52wk Low | 4.0285 | 52wk Low Date | 2024-03-25 |
| Average Volume | 5,374,913 |