Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
GraniteShares 2x Short NVDA Daily ETF (NASDAQ:NVD)
Long-Term Downtrend (-90) - NVD is in a strong downtrend that is likely to continue. While NVD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Sep 24th, 2024 at 1.76
The short-term trend has been DOWN since Oct 17th, 2024 at 1.29
Smart Scan Analysis for NVD
Based on our trend formula, NVD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.24 | 1.25 | 1.19 | 1.24 | -0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.23 | 20016444 | 2024-10-25 15:59:44 |
| 52wk High | 31.4542 | 52wk High Date | 2023-10-31 |
| 52wk Low | 1.19 | 52wk Low Date | 2024-10-22 |
| Average Volume | 33,499,165 |