Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Saturday, July 20, 2024.

Direxion Daily NVDA Bear 1X Shares (NASDAQ:NVDD)

Sidelines Mode (-55) - NVDD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid NVDD?

MarketClub looks at technical strength and momentum to determine if the timing is right for NVDD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_NVDD
Open High Low NVDD Price Change
8.0606 8.2496 7.9786 8.2192 +0.2147
Entry Signal

MarketClub’s Trade Triangles for NVDD

long term down The long-term trend has been DOWN since Nov 9th, 2023 at 23.5350

intermediate term down The intermediate-term trend has been DOWN since May 3rd, 2024 at 11.4150

short term up The short-term trend has been UP since Jul 16th, 2024 at 7.6569

Smart Scan Analysis for NVDD

Based on our trend formula, NVDD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for NVDD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.0606 8.2496 7.9786 8.2192 +0.2147
Prev. Close Volume Bid Ask Time
8.2100 0 2024-07-19 16:29:49
52wk High28.2152wk High Date2023-10-31
52wk Low7.053652wk Low Date2024-06-20
Average Volume2,031,094
Get a free daily analysis and signals for Direxion Daily NVDA Bear 1X Shares (NVDD) - Request Your Free Report.