Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Saturday, December 7, 2024.
GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL)
Sidelines Mode (-55) - NVDL 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 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 DOWN since Nov 25th, 2024 at 70.54
The short-term trend has been UP since Dec 2nd, 2024 at 73.07
Smart Scan Analysis for NVDL
Based on our trend formula, NVDL is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 78.28 | 79.48 | 74.73 | 75.93 | -2.84 |
| Prev. Close | Volume | Bid | Ask | Time |
| 75.94 | 12005046 | 2024-12-06 15:59:44 |
| 52wk High | 91.7 | 52wk High Date | 2024-06-20 |
| 52wk Low | 13.935 | 52wk Low Date | 2024-01-03 |
| Average Volume | 16,286,274 |