Stock Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
AXS 1.25X NVDA Bear Daily ETF (NASDAQ:NVDS)
Sidelines Mode (+55) - NVDS 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 NVDS?
MarketClub looks at technical strength and momentum to determine if the timing is right for NVDS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NVDS
The long-term trend has been DOWN since Nov 20th, 2023 at 32.930
The intermediate-term trend has been UP since Dec 4th, 2023 at 36.280
The short-term trend has been DOWN since Dec 6th, 2023 at 35.355
Smart Scan Analysis for NVDS
Based on our trend formula, NVDS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||210.6||52wk High Date||2022-12-28|
|52wk Low||32.4355||52wk Low Date||2023-11-20|