Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Tuesday, June 6, 2023.
GraniteShares 1.5x 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 23rd, 2023 at 24.75
The intermediate-term trend has been UP since May 1st, 2023 at 47.65
The short-term trend has been DOWN since Jun 6th, 2023 at 73.68
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 |
|---|---|---|---|---|
| 74.56 | 75.76 | 72.91 | 74.37 | -1.08 |
| Prev. Close | Volume | Bid | Ask | Time |
| 75.45 | 154501 | 2023-06-06 15:59:54 |
| 52wk High | 84 | 52wk High Date | 2023-05-30 |
| 52wk Low | 17.7183 | 52wk Low Date | 2022-12-28 |
| Average Volume | 173,115 |