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Stock Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Direxion Daily NVDA Bear 1X Shares (NASDAQ:NVDD)
Long-Term Downtrend (-90) - NVDD is in a strong downtrend that is likely to continue. While NVDD 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 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 DOWN since Sep 24th, 2024 at 7.4620
The short-term trend has been DOWN since Oct 17th, 2024 at 6.3663
Smart Scan Analysis for NVDD
Based on our trend formula, NVDD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.2858 | 6.2867 | 6.1468 | 6.2616 | -0.0468 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.2600 | 0 | 2024-10-25 16:28:46 |
| 52wk High | 28.21 | 52wk High Date | 2023-10-31 |
| 52wk Low | 6.14 | 52wk Low Date | 2024-10-22 |
| Average Volume | 3,556,042 |