Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Wednesday, October 4, 2023.

GraniteShares 1.5x Short NVDA Daily ETF (NASDAQ:NVD)

Countertrend Up (+85) - NVD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
26.3800 27.5300 26.1800 27.4301 +1.1701
Entry Signal

MarketClub’s Trade Triangles for NVD

long term up The long-term trend has been UP since Aug 25th, 2023 at 24.69

intermediate term up The intermediate-term trend has been UP since Aug 25th, 2023 at 24.69

short term down The short-term trend has been DOWN since Sep 26th, 2023 at 28.64

Smart Scan Analysis for NVD

Based on our trend formula, NVD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for NVD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
26.3800 27.5300 26.1800 27.4301 +1.1701
Prev. Close Volume Bid Ask Time
27.5400 11415 2023-10-03 14:52:26
52wk High30.1952wk High Date2023-09-21
52wk Low22.3552wk Low Date2023-08-24
Average Volume33,221
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