Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Direxion Daily NVDA Bear 1X Shares (NASDAQ:NVDD)
Bear Market Rally (-75) - NVDD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NVDD as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for NVDD
The long-term trend has been DOWN since Nov 9th, 2023 at 23.5350
The intermediate-term trend has been UP since Nov 27th, 2024 at 6.5233
The short-term trend has been DOWN since Dec 23rd, 2024 at 6.4201
Smart Scan Analysis for NVDD
Based on our trend formula, NVDD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.2035 | 6.2962 | 6.1612 | 6.2013 | +0.0141 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.1800 | 0 | 2024-12-26 14:25:56 |
| 52wk High | 23.17 | 52wk High Date | 2024-01-03 |
| 52wk Low | 5.75 | 52wk Low Date | 2024-11-21 |
| Average Volume | 7,088,571 |