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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 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.

NASDAQ_NVDL
Open High Low NVDL Price Change
44.2400 44.4300 40.5000 41.6031 -2.1969
Entry Signal

MarketClub’s Trade Triangles for NVDL

long term up The long-term trend has been UP since Jan 11th, 2024 at 104.1700

intermediate term up The intermediate-term trend has been UP since Jan 10th, 2024 at 102.8125

short term down The short-term trend has been DOWN since Mar 27th, 2024 at 42.2700

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).

+85
Smart Scan Analysis for NVDL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
44.2400 44.4300 40.5000 41.6031 -2.1969
Prev. Close Volume Bid Ask Time
41.6100 16482593 2024-03-27 15:58:09
52wk High49.20552wk High Date2024-03-08
52wk Low7.016252wk Low Date2023-03-28
Average Volume18,477,373
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