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Stock Trend Analysis Report

Prepared for you on Monday, July 22, 2024.

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

Sidelines Mode (-55) - NVD 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 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
2.2600 2.3700 2.2101 2.3500 +0.1300
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 down The intermediate-term trend has been DOWN since Apr 30th, 2024 at 4.90

short term up The short-term trend has been UP since Jul 16th, 2024 at 2.05

Smart Scan Analysis for NVD

Based on our trend formula, NVD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for NVD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.2600 2.3700 2.2101 2.3500 +0.1300
Prev. Close Volume Bid Ask Time
2.3400 25989554 2024-07-19 15:59:24
52wk High31.454252wk High Date2023-10-31
52wk Low1.7452wk Low Date2024-06-20
Average Volume36,403,332
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