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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

GraniteShares 2x Short NVDA Daily ETF (NASDAQ:NVD)

Bear Market Rally (-75) - NVD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NVD as it may be in the beginning of a reversal.

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

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

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

NASDAQ_NVD
Open High Low NVD Price Change
30.4400 31.1800 29.8622 30.2200 +0.1100
Entry Signal

MarketClub’s Trade Triangles for NVD

long term down The long-term trend has been DOWN since Nov 14th, 2023 at 22.35

intermediate term up The intermediate-term trend has been UP since Nov 27th, 2024 at 33.52

short term down The short-term trend has been DOWN since Dec 23rd, 2024 at 31.65

Smart Scan Analysis for NVD

Based on our trend formula, NVD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for NVD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.4400 31.1800 29.8622 30.2200 +0.1100
Prev. Close Volume Bid Ask Time
30.1100 434137 2024-12-26 14:33:09
52wk High559.552wk High Date2023-12-26
52wk Low25.7452wk Low Date2024-11-21
Average Volume1,251,480
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