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Stock Trend Analysis Report

Prepared for you on Saturday, December 7, 2024.

Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU)

Sidelines Mode (+55) - NVDU 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 NVDU?

MarketClub looks at technical strength and momentum to determine if the timing is right for NVDU.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_NVDU
Open High Low NVDU Price Change
127.340 128.341 120.794 122.736 -4.713
Entry Signal

MarketClub’s Trade Triangles for NVDU

long term up The long-term trend has been UP since Nov 9th, 2023 at 27.075

intermediate term down The intermediate-term trend has been DOWN since Nov 25th, 2024 at 113.523

short term up The short-term trend has been UP since Dec 2nd, 2024 at 117.804

Smart Scan Analysis for NVDU

Based on our trend formula, NVDU is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for NVDU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
127.340 128.341 120.794 122.736 -4.713
Prev. Close Volume Bid Ask Time
122.570 0 2024-12-06 16:27:45
52wk High146.8752wk High Date2024-06-20
52wk Low24.9552wk Low Date2023-12-07
Average Volume844,207
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