Free Daily Analysis
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.
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MarketClub’s Trade Triangles for NVD
The long-term trend has been DOWN since Nov 14th, 2023 at 22.35
The intermediate-term trend has been UP since Nov 27th, 2024 at 33.52
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).
| 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 High | 582.7475 | 52wk High Date | 2023-12-14 |
| 52wk Low | 25.74 | 52wk Low Date | 2024-11-21 |
| Average Volume | 1,878,716 |