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.
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MarketClub’s Trade Triangles for NVD
The long-term trend has been UP since Aug 25th, 2023 at 24.69
The intermediate-term trend has been UP since Aug 25th, 2023 at 24.69
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).
| 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 High | 30.19 | 52wk High Date | 2023-09-21 |
| 52wk Low | 22.35 | 52wk Low Date | 2023-08-24 |
| Average Volume | 33,221 |