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Stock Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL)

Weak Downtrend (-65) - NVDL is showing signs of a strengthening downtrend. Monitor NVDL as it may be building momentum to the downside.

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

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

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

NASDAQ_NVDL
Open High Low NVDL Price Change
59.4200 59.4600 54.8901 56.4199 +0.7199
Entry Signal

MarketClub’s Trade Triangles for NVDL

long term up The long-term trend has been UP since Jan 11th, 2024 at 104.1700

intermediate term down The intermediate-term trend has been DOWN since Jul 17th, 2024 at 64.0401

short term down The short-term trend has been DOWN since Jul 24th, 2024 at 61.4100

Smart Scan Analysis for NVDL

Based on our trend formula, NVDL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for NVDL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
59.4200 59.4600 54.8901 56.4199 +0.7199
Prev. Close Volume Bid Ask Time
55.7000 15566878 2024-07-26 15:59:53
52wk High91.752wk High Date2024-06-20
52wk Low11.94333352wk Low Date2023-10-31
Average Volume19,531,785
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