Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
T-Rex 2X Inverse NVIDIA Daily Target ETF (BATS:NVDQ)
Long-Term Downtrend (-90) - NVDQ is in a strong downtrend that is likely to continue. While NVDQ is showing intraday strength, it remains in the confines of a bearish trend. 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 28.12
The intermediate-term trend has been DOWN since Sep 24th, 2024 at 4.78
The short-term trend has been DOWN since Nov 20th, 2024 at 3.00
Smart Scan Analysis for NVDQ
Based on our trend formula, NVDQ is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.9100 | 3.2700 | 2.7600 | 3.1893 | +0.1293 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.0600 | 29679836 | 2024-11-21 10:36:55 |
| 52wk High | 101.61 | 52wk High Date | 2023-10-31 |
| 52wk Low | 4.77 | 52wk Low Date | 2024-06-20 |
| Average Volume | 8,847,606 |