Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Tradr 1.5X Short NVDA 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.
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MarketClub’s Trade Triangles for NVDS
The long-term trend has been DOWN since Nov 20th, 2023 at 32.93
The intermediate-term trend has been DOWN since Sep 24th, 2024 at 35.61
The short-term trend has been DOWN since Oct 17th, 2024 at 28.30
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 27.70 | 27.73 | 26.75 | 27.52 | -0.33 |
| Prev. Close | Volume | Bid | Ask | Time |
| 27.52 | 1883328 | 2024-10-25 15:59:45 |
| 52wk High | 222.55 | 52wk High Date | 2023-10-31 |
| 52wk Low | 26.74 | 52wk Low Date | 2024-10-22 |
| Average Volume | 2,208,738 |