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Stock Trend Analysis Report

Prepared for you on Thursday, December 12, 2024.

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

Crossroads (+60) - NVD is struggling to move into a solid trend. Beware of choppy markets 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
31.6700 32.6800 30.3300 30.7301 -2.0799
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 up The short-term trend has been UP since Dec 9th, 2024 at 30.58

Smart Scan Analysis for NVD

Based on our trend formula, NVD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for NVD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.6700 32.6800 30.3300 30.7301 -2.0799
Prev. Close Volume Bid Ask Time
30.7200 1244968 2024-12-11 15:59:54
52wk High582.747552wk High Date2023-12-14
52wk Low25.7452wk Low Date2024-11-21
Average Volume1,878,716
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