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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.

NASDAQ_NVDL
Open High Low NVDL Price Change
78.28 79.48 74.73 75.93 -2.84
Entry Signal

MarketClub’s Trade Triangles for NVDL

long term up The long-term trend has been UP since Jan 11th, 2024 at 104.17

intermediate term down The intermediate-term trend has been DOWN since Nov 25th, 2024 at 70.54

short term up 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).

-55
Smart Scan Analysis for NVDL
Strong Downtrend Sideways 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 High91.752wk High Date2024-06-20
52wk Low13.93552wk Low Date2024-01-03
Average Volume16,286,274
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