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Stock Trend Analysis Report

Prepared for you on Wednesday, April 17, 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
39.2600 39.6299 35.3800 35.5950 -2.8450
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 Apr 9th, 2024 at 37.00

short term down The short-term trend has been DOWN since Apr 17th, 2024 at 37.18

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
39.2600 39.6299 35.3800 35.5950 -2.8450
Prev. Close Volume Bid Ask Time
38.4400 14225957 2024-04-17 15:59:41
52wk High49.20552wk High Date2024-03-08
52wk Low7.14333352wk Low Date2023-04-25
Average Volume13,600,773
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