Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL)
Countertrend Up (+85) - NVDL 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 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.
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MarketClub’s Trade Triangles for NVDL
The long-term trend has been UP since Jan 11th, 2024 at 104.17
The intermediate-term trend has been UP since Sep 24th, 2024 at 58.24
The short-term trend has been DOWN since Nov 15th, 2024 at 80.72
Smart Scan Analysis for NVDL
Based on our trend formula, NVDL is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 75.90 | 82.03 | 75.50 | 81.76 | +7.08 |
| Prev. Close | Volume | Bid | Ask | Time |
| 81.90 | 15217945 | 2024-11-19 15:59:36 |
| 52wk High | 91.7 | 52wk High Date | 2024-06-20 |
| 52wk Low | 13.935 | 52wk Low Date | 2024-01-03 |
| Average Volume | 15,848,491 |