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Stock Trend Analysis Report

Prepared for you on Sunday, July 14, 2024.

Tradr 1.25X NVDA Bear Daily ETF (NASDAQ:NVDS)

Long-Term Downtrend (-90) - NVDS is in a strong downtrend that is likely to continue. While NVDS is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

NASDAQ_NVDS
Open High Low NVDS Price Change
38.000 38.339 36.610 37.660 -0.620
Entry Signal

MarketClub’s Trade Triangles for NVDS

long term down The long-term trend has been DOWN since Nov 20th, 2023 at 32.93

intermediate term down The intermediate-term trend has been DOWN since May 3rd, 2024 at 63.46

short term down The short-term trend has been DOWN since Jul 3rd, 2024 at 38.40

Smart Scan Analysis for NVDS

Based on our trend formula, NVDS is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NVDS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
38.000 38.339 36.610 37.660 -0.620
Prev. Close Volume Bid Ask Time
37.620 1559485 2024-07-12 15:59:23
52wk High222.5552wk High Date2023-10-31
52wk Low34.4652wk Low Date2024-06-20
Average Volume2,178,966
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