Stock Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
T-Rex 2X Long NVIDIA Daily Target ETF (BATS:NVDX)
Sidelines Mode (+55) - NVDX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NVDX?
MarketClub looks at technical strength and momentum to determine if the timing is right for NVDX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NVDX
The long-term trend has been UP since Nov 2nd, 2023 at 26.3000
The intermediate-term trend has been DOWN since Dec 4th, 2023 at 29.2500
The short-term trend has been UP since Dec 6th, 2023 at 30.4596
Smart Scan Analysis for NVDX
Based on our trend formula, NVDX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||35.1199||52wk High Date||2023-11-20|
|52wk Low||21.41||52wk Low Date||2023-10-31|